Cabinet approves subsidy scheme for upgrading rural and mountain areas (Updated)
The cabinet on Wednesday approved the subsidy plan for the revival of rural and mountain areas with the aim of enriching and upgrading the tourist...
SUBSIDIES
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...
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...
