EuroAsia Interconnector, the Israel-Cyprus-Greece electricity cable that gets underway this year, has secured nearly two thirds of the European Commission’s €1.037 bln funding for key energy infrastructure projects that will drive the EU’s
A State Department spokesperson said that Washington continues to support regional stability and energy cooperation between Cyprus, Greece, Israel through electricity interconnectors like EuroAsia. The comments follow the publication in Greek media
A bill approved by opposition parties to cut VAT on electricity bills indefinitely from 19% to 9% across the board is in limbo after MPs rejected President Nicos Anastasiades veto. Parliament, including
The Cyprus government will continue to supply the Turkish-occupied north with electricity until 4 January to prevent power outages. CNA said that a request was made on Wednesday after the previous agreement between
An article in the FT pointed out that in the UK, one recent study estimated that 54% of electricity supply is lost before power reaches the consumer because of the inadequacies of
The cabinet approved a Finance Ministry proposal to cut 10% VAT on household electricity bills for three months as part of its policy to tackle the fallout from the rise in energy
Cypriot households and businesses should brace themselves for another wave of increases on their electricity bills, warns energy specialist Charles Ellinas. Talking to Astra Radio on Thursday, Ellinas said that electricity bills
The government wants to lower the VAT on household electricity bills from 19% to 9% for the next three months, with the Finance Ministry consulting with Brussels on its intention. The decision
There is no doubt that prices, in general, are rising, and we need to have a plan to tackle this soaring price hike. This analysis is limited to the increase in the
Cypriots must dig deep into their pockets to pay November electricity bills, as the cost of energy is at its highest since 2012. A 10% discount offered by the Electricity Authority of
