Liberalising Cyprus’ electricity market is hampered by authorities dragging their feet over an employment framework of the Transmission System Operator, according to MPs. Chair of the House Energy Committee and DISY MP,
Israeli Energy Minister Karine Elharrar is in Cyprus for direct talks with her Cypriot counterpart, Natasa Pilides, to resolve a dispute over exploiting a joint gas reservoir. The meeting takes place after
Small businesses are walking a tightrope as they see no end to the hiking cost of raw materials and energy bills while their turnover is shrinking. In comments to news site Stockwatch,
Consequences of geopolitical events to the economy and banking sector have been contained, but the second-round effects are unknown, said Cyprus Central Bank governor Constantinos Herodotou. He argued that uncertainty in an
Cypriot consumers will have to get used to living with high energy costs for the foreseeable future as failure to decarbonise the economy has authorities paying tens of millions of euros for
Unfortunately, as we leave summer behind and prepare for winter, the global energy crisis worsens. The situation has shifted from one requiring urgent attention to one that could push the EU into
Consumers are to be given a breather from high energy costs, as after a drop in the cost of fuel, electricity bills in September fall by an average of 14% when a
Cyprus will be in a position to export natural gas in the next four to five years, said the island’s Energy Minister Natasa Pilides in an interview with a Greek newspaper on
The cost of government intervention to deal with the energy crisis rises daily as gas and electricity prices across Europe lose touch with reality and move into unchartered waters, a senior finance
Cyprus Finance Minister Constantinos Petrides has warned opposition parties not to draw comparisons between Germany’s EU request for a VAT exemption on a new consumer levy on energy produced by gas and
