Thousands of Cypriot households are on the verge of falling into energy poverty as they cannot pay their rising electricity bills, leaving them in the dark as the supply is cut off.
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
Rising electricity prices and spiralling fuel costs burden consumers and small businesses on an island far behind a green and sustainable economy curve. Discussions in recent weeks, as retail fuel costs spiralled
While consumers brace for another wave of energy and fuel price hikes, the government is throwing in the towel, claiming it has run out of ammunition to contain costs. Finance Minister Constantinos
Regional energy regulators meeting in Larnaca this week concluded that despite disruptions in the world energy markets, the prospects for the future of Cyprus and the wider eastern Mediterranean are promising. The
President Nicos Anastasiades will hold an emergency with ministers and officials from energy authorities in a bid to bring down galloping electricity prices amid an inflation tide. Anastasiadis has called for a
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
Tapping into Israel’s vast renewable energy sources will help reduce the EU’s dependence on Russia, European Commission President Ursula von der Leyen said during her visit to Tel Aviv, highlighting the importance
As Greece welcomed back the “Posidonia” international shipping exhibition at the Athens Metropolitan Expo after a four-year absence because of the pandemic, market conditions have changed, including energy. With energy commodities forming
Global energy markets are looking for a way out of the current crisis, partly caused by the Russian invasion of Ukraine and due to COVID-19 fallout, economic growth and a shortage of
