Fuel subsidy ‘not fully passed on to consumers’
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 ...
Steel yourselves for steep price hikes, consumers warned
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 ...
Consumers association calls for fuel subsidy to return
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 ...
Fuel eight cents a litre cheaper after House approves bill
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 ...
Government may reintroduce electricity and fuel subsidies, says finance minister
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 ...
Consumers association calls for return of fuel subsidy
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 ...
‘Summer the worst time’ to scrap energy help
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 ...
Fuel subsidies scrapped, help with electricity bills for some (Updated)
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 ...