Govt approves extension of reduced fuel consumption tax rate
The government on Tuesday approved a two-month extension to the levying of a reduced rate of fuel consumption tax, which has been in force since April and was due to ...
Burdening consumers with cost of profiteering a ‘crime’
Anticipated changes to electricity and fuel subsidies are expected to be announced on Wednesday following the meeting of the council of ministers.
“Fiscal responsibility requires for the state to not ...
President Christodoulides signs off on amended fuel tax law
President Nikos Christodoulides has signed off on the contentious fuel tax law rather than send it back to parliament, so as to protect consumers from skyrocketing prices, the government announced ...
Another two-month extension for reduced fuel tax
Parliament on Thursday approved another two-month extension for reduced fuel tax until the end of June, going one better than the government proposal.
By a unanimous vote, the House passed ...
Ex-minister rubbishes MPs’ claims as fuel tax saviours
Former Finance Minister Constantinos Petrides has slammed down hard on the narrative propagated through the media – that it was MPs who ‘saved the day’ by passing legislation in the nick ...
No RES tax on transport, for now
The government does not intend for the moment to levy a renewable energy sources (RES) tax on road transport, the energy ministry said Monday.
In a statement, the ministry was ...
Climate goals take second place as EU states cut petrol prices
By Gavin Jones
A growing number of European countries are cutting fuel taxes to lower surging pump petrol prices. The move brings respite to motorists but environmentalists say it flies ...