Business groups oppose price caps proposal
Business associations have stated on Thursday that implementing a price cap on items sold at various locations would distort the market, following a cabinet decision to propose a bill to ...
Consumers association backs price support for electricity, not petrol
Given the large drop in fuel prices compared to a year ago the ending of the VAT on fuel is justified, the president of the Cyprus Consumers Association said on ...
Government to buy barley and corn to ease spiraling prices (updated)
The government will buy 36,000 tons of barley and corn, in two shipments, to ease a shortage of grains on the market in the wake of Russia’s invasion of Ukraine, ...
Our View: It is not the state’s responsibility to keep prices stable
The Consumers Association felt duty-bound to embrace the fashionable cause of the last few weeks – protesting about high electricity rates and demanding the state subsidise household bills. The 10 per cent ...