#Fuel subsidy

Fuel prices in Cyprus rose by 24.6 per cent year-on-year in September, accelerating from 19.1 per cent in August, according to Eurostat figures published on Wednesday, as Finance Minister Makis Keravnos warned ...

The tax on heating oil will be reduced by 5.3 cents per litre from November 1, as part of a €70 million package of measures approved by the cabinet on Wednesday to tackle ...

The reduction in excise duty on petrol and diesel will remain in place until November 30, Finance Minister Makis Keravnos announced on Thursday, extending a measure that was due to expire ...

A portion of the government’s fuel subsidy introduced last week was not passed on to consumers, but instead “unjustifiably absorbed” by petrol stations, the Cyprus Consumers Association said on ...

Consumer advocacy groups on Monday called for the reinstatement of the fuel subsidy as prices at the pump continued creeping up, while the state-run power utility said electricity bills would ...

The Cyprus consumers association urged the government on Monday to reinstate fuel subsidies, warning that prices have risen sharply since the beginning of March and may continue to climb. Between ...

The retail price of petrol has dropped by 8.33 cents per litre after the House of Representatives unanimously passed a law to slash fuel duty on Thursday. The reduced fuel tax ...

Amid mounting complaints over the cost of living, the government on Thursday said it may bring back electricity and fuel tax subsidies in the near future. Speaking to public broadcaster ...

The government must reinstate the fuel subsidy for two months as petrol prices are up 18 cents per litre from the time the government scrapped it back on July 1, the consumers ...

Disy and Akel MPs reacted on Thursday to the scrapping of relief measures for fuel and electricity, arguing that the summer months were the worst possible time to end the ...

By Andria Kades and Iole Damaskinos Fuel subsidies will be scrapped but electricity bill subsidies will continue albeit more targeted towards vulnerable groups, the cabinet decided on Wednesday. The measure ...