Ceiling for housing and business loan subsidies extended
The government announced Friday it was extending the ceiling for housing and business loans included in its interest rate subsidy scheme, as well as its...
SUBSIDIES
Cabinet approves support plan for electric and hybrid cars
The council of ministers has approved a support plan for electric and hybrid cars, the energy ministry, the Fund for Renewable Energy Sources (RES) and...
Audit boss says state subsidies for media defeats notion of free press
Auditor-general Odysseas Michaelides suggested on Thursday that government schemes to support the media did not serve the purpose of having free press. Speaking in parliament...
Additional subsidies for agricultural sector
The government will support the agricultural sector with additional measures following the coronavirus crisis, one of which is to subsidise the export of watermelons, agriculture...
Energy ministry says special subsidies for RES abolished in 2015
The energy ministry on Friday said the government abolished guaranteed subsidy rates for renewable energy sources (RES) in 2015 after it emerged that under a...
Consumers losing out in RES subsidies, says watchdog
A consumer advocacy group has filed a complaint against the government with the European Commission, alleging that a recently unveiled scheme for generating electricity from...
Bus companies say they could close over subsidy row
A move by the transport ministry to claim back money from bus companies may well lead to the closure of services, company representatives warned on...
Scheme launched for thermal roofing subsidies
The energy ministry announced on Thursday that, as of next week, it will be accepting applications for the subsidy scheme for thermal insulation of roofs...
Cabinet approves support schemes for enclaved farmers
The cabinet approved on Wednesday two support schemes with the total budget of almost €1m for enclaved farmers and fishermen. According to Agriculture Minister, Nicos...
Farmers to get €133m in aid this year
THIS year, 36,000 farmers will have received a total of €133m in subsidies from the Cyprus Agricultural Payments Organisation (Capo), it’s chief said on Friday....
Audit office says state could stop subsidies for wind farms
THE AUDIT service has said the state could disengage from agreements to subsidise windfarms, which burden the renewable energy sources special fund, and ultimately taxpayers....
State drops charges against hemp farmers
THREE people, who were arrested last May for growing industrial hemp in Avgorou and had some 1,600 plants seized and destroyed, have had all charges...
Minister pledges support for beekeepers
By Angelos Anastasiou Cypriot beekeepers absorbed 98 per cent of the approved funding in the 2014-16 national apiculture programme, and the new one – from...
Britain follows Paris deal with cuts to green subsidies
Britain cut more renewable energy subsidies on Thursday, putting jobs at risk and drawing criticism for losing credibility in tackling climate change, a week after...
Farmers to protest over subsidies
Farmers announced a protest outside the presidential palace on Thursday demanding the immediate payment of state subsidies. The announcement was made after a meeting with...
VAT slashed for home improvements, subsidies for new solar water heaters
The cabinet on Tuesday approved a lower VAT rate of 5 per cent for all house renovations, deputy government spokesman Victoras Papadopoulos said. Speaking after...
New entrepreneurship support schemes announced
New entrepreneurship support schemes worth €11m have been announced after a meeting of the house trade and industry committee. The schemes are addressed to people...
Subsidy scheme for ‘green’ homes
The energy ministry has announced the first call for submission of proposals for the upgrade of residential buildings. It is estimated that each unit will...
Farmers postpone planned protest
Farmers on Saturday postponed a planned protest for Monday after Agriculture Minister Nicos Kouyialis promised to meet with them after next week’s budget debate. They...