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14 July, 2024
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0% VAT on bread, milk, eggs and diapers

These temporary measures will apply from the date of the publication of the decree until October 31, 2023

The Council of Ministers has approved a Decree during today's session, which imposes a zero VAT rate on the delivery of certain products until October 31, 2023. These products include bread, milk, eggs, baby food, baby diapers, feminine hygiene products, and adult diapers.

The purpose of this temporary measure is to ease the burden on households coping with the increased prices of essential products, resulting from external factors such as global price hikes and ongoing economic crises affecting supply chains.

The cost of implementing these measures is estimated to be around €11 million.

Cyprus  |  economy

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