Cyprus cost-of-living relief fails to tackle high energy costs
Like putting a band-aid on a bullet wound, would an apt analogy for the relief measures announced at the end of September to tackle the rising cost of living. But ...
Support offered for the impact of war is woefully inadequate
President Nikos Christodoulides and Finance Minister Makis Keravnos brag frequently about the successful performance and good management of the economy by citing the relatively rapid growth of GDP and the ...
Our View: Pensioners deserve fairer treatment, not political agendas
The Union of Cyprus Pensioners (Ekysy) held its annual conference on Thursday morning before staging a demonstration outside the finance ministry to push their demand for more support from the ...
We don’t want a society that relies on welfare, says minister
Citing the falling inflation rate, Finance Minister Makis Keravnos made it absolutely clear on Thursday that any remaining relief measures would get scrapped by month’s end.
The minister recalled ...
Our View: Government must listen to reason over relief measures
The answer to the barrage of criticism by opposition parties over the government’s decision not to extend the tax discount on fuel beyond last month was provided by the ...
Electricity subsidy reinstated, fuel tax reduced among relief measures (Update 4)
By Tom Cleaver and Elias Hazou
The government announced on Thursday the reinstatement of the electricity subsidy as part of a raft of measures aimed at helping people through the ...
Finance minister presents 2024 state budget with promise of relief measures
Finance Minister Makis Keravnos delivered on Wednesday the state budget for 2024 with a promise of cost-of-living relief measures by the end of the month – and a look ahead to next ...
Hellenic Bank announces relief measures for the vulnerable
Hellenic Bank announced on Wednesday relief measures for customers with a focus on low-income pensioners and those on minimum income.
Key points include an extension to the free single euro ...
‘Summer the worst time’ to scrap energy help
Disy and Akel MPs reacted on Thursday to the scrapping of relief measures for fuel and electricity, arguing that the summer months were the worst possible time to end the ...
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 ...
Discontent over abolition of relief measures rising
The abolition of the tax freeze on fuels and electricity sends the message that the government is out of touch with society, Peo union claimed on Wednesday.
“The decision shows ...