Cabinet green-lights spending spree for vulnerable groups
More than 60,000 people considered vulnerable will receive Christmas bonuses amounting to €20m in total, Labour Minister Zeta Emilianidou said on Wednesday after the cabinet...
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EAC cuts vulnerable groups’ subsidy charge
The electricity company (EAC) announced on Monday that it was cutting the Public Service Obligation (PSO) surcharge following the approval of the energy regulator. PSO...
Neophytou: the EAC is not a charity (Update 2: parties react)
The island’s state-owned power company (EAC) has been turned into a charity organisation, DISY chief Averof Neophytou said, used to exercise social policy by providing...
More needed to deal with NPLs, banks told
By George Psyllides PROGRESS has been achieved in tackling the non performing loan problem plaguing the island, but more had to be done, banks and...
EAC issues warning over unpaid bills (Updated)
Vulnerable groups that have outstanding bills with the Electricity Authority of Cyprus (EAC) are being called to settle their debts by September 21 or their...
New EAC scheme to give reduced power to vulnerable groups
By Constantinos Psillides Households that cannot afford to pay their electricity bill can apply to have their power reduced rather than cut off, general manager...
Our View: Using the EAC as a charity vehicle for buying votes
THE SOONER the Electricity Authority of Cyprus (EAC) is privatised the better it will be for everyone. The politicians would no longer be able to...
Long road ahead for migrant integration
By Stefanos Evripidou CYPRUS has come a long way since its national asylum system was first put in place 12 years ago, but there is...
Signs of consensus on foreclosures
By Elias Hazou THE GOVERNMENT and opposition parties appeared on Thursday to be inching closer to agreement on the contentious foreclosures bill – but a...
BoC announces measures to help vulnerable groups
Bank of Cyprus (BoC) on Tuesday announced extra measures to support customers who are facing difficult times because of the recession. The measures, designed to...
‘Stepping stone’ to allay fears
By Elias Hazou THE administration will this week unveil a ‘series’ of proposals complementing its foreclosures legislation and providing a safety net to vulnerable groups,...
BoC cuts interest rates for over 4,000 ‘vulnerable’ borrowers
By George Psyllides The Bank of Cyprus (BoC) has cut the interest rates to the loans of 4,200 people belonging to vulnerable groups by up...
EAC promises not to cut supply to vulnerable groups
By Angelos Anastasiou The Electricity Authority (EAC) and the energy ministry have promised to refrain from cutting domestic power to vulnerable groups that cannot afford...
AKEL appeals to EAC to not to cut power to anyone over Christmas
AKEL Secretary General Andros Kyprianou has asked the Electricity Authority of Cyprus (EAC) to ensure that no power cuts to homes in Cyprus are made...
