A new €50 mln package to support households and businesses from soaring electricity prices was announced by the government to reduce bills expected to rise by 25%. It will cover 50% to
The Cyprus Electricity Authority’s pricing plans are ready to be approved by the Energy Regulator, with households expected to pay 25% more on their bills. EAC spokesperson Christina Papadopoulou told CNA on
The Cyprus Consumer Association is calling on authorities to impose a freeze on hiking electricity prices, as they fear that bills covering June and July will increase by up to 25% compared
A meeting called by President Nicos Anastasiades with Energy and Finance Ministers to ease the pressure from hiking energy prices did not deliver any immediate relief to the cost-of-living crisis. President Anastasiades
During her brief visit to three strategic states this week, vital to the European Union’s energy security and supply, the EU Commission President had a lot to say, directed to many, at
No respite from rising energy prices is expected; following warnings of new increases in fuel prices, the Electricity Authority of Cyprus told customers their power bills would not drop before next year.
Annual household electricity bills shot up by 36% in Cyprus in the second half of 2021, the third-biggest increase in the EU27. According to Eurostat, in the second half of 2021, average
With Russia halting natural gas supplies to western Europe, the ‘weaponisation’ of energy had lurked in everyone’s mind. Politicians prayed Moscow would never resort to this form of blackmail and the pipelines
The EuroAsia Interconnector has the potential to change the rules of the game in energy security and energy supply in European markets and elsewhere, Energy Minister Natasa Pilidou said on Monday, following
Greece, Cyprus, and Israel will continue working together on natural gas pipeline and electricity cable projects with European energy dependency a new focus due to the war in Ukraine, their foreign ministers
