#State subsidies

The way in which the government spends the taxpayer’s money is very difficult to understand. It is rather haphazard, without any economic or social rationale, just spending it for ...

The Green Party has raised concerns about the government’s decision to eliminate relief measures, such as electricity subsidies and reduced VAT on essential goods, starting in October, amidst high ...

Opposition party Akel accused President Nikos Christodoulides of “only caring about his public image” on Friday. The party was reacting to the government’s latest round of economic measures aimed ...

Finance Minister Makis Keravnos said the government is “not dogmatic” on Friday after reinstating the electricity subsidy on Thursday. Speaking to reporters following a meeting with European Court of Auditors ...

Finance Minister Makis Keravnos said on Friday he is “in favour of targeted measures to help mostly vulnerable groups from the wave of rising costs and inflation.” He made the ...

The government aims for ‘photovoltaics on every roof’ with a proposal providing free installation of solar panels to vulnerable people in exchange for a small bimonthly tariff to the electricity ...