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541. Cyprus approves €361M supplementary budget for 2023

With criticism against the government's agreement for the purchase of the Metropolitan building, which will house the Ministry of Labor and Social Insurance, the Plenary of the House of Representatives approved the supplementary state budget amounting to €361 million....

542. Cyprus surpasses 40,000 solar installations

The Electricity Authority of Cyprus has taken actions to reduce the waiting time for the inspection of photovoltaic systems after installation....

543. Driving forward: EU approves electric charging stations every 60 km

At the plenary session in Strasbourg, Members of the European Parliament (MEPs) voted today to approve new regulations focusing on expanding the availability of alternative fuel stations for cars and trucks,...

544. Farewell Fiesta! A legendary journey comes to an electric end

The production of the last Ford Fiesta at the Cologne plant on Friday marks the "end of an era" for a model that has been a best-seller in Europe for 47 years, selling millions of units....

545. Fuel prices plummet while food costs soar

Liquid fuels experienced the most significant annual percentage decline in June, dropping by 27.2%. Contributing to a 1.9% inflation squeeze, the lowest point in 25 months, was a 25.6% annual decline in oil prices....

546. Cyprus inflation at 1.9%

Inflation in Cyprus reached its lowest level in 25 months in June 2023 and stood at 1.9% on an annual basis, mainly due to the decline in food prices....

547. Electric vehicle transforms into flying car

The US approved this electric vehicle from Alef Aeronautics for test flights...

548. Electric buses join public transport in Cyprus

The first electric urban buses were presented on Tuesday by the Cyprus Public Transport and will be added to their existing fleet and commence servicing routes in the next few days. The move aims to contribute to efforts for sustainable and greener public transport, the company said....

549. Cyprus commits to EU's greenhouse gas emission targets

The participation of Cyprus in the ambitious climate target set by the European Commission for at least a 55% reduction in greenhouse gas emissions by 2030, based on the new package of European legislation Fit For 55, includes further emissions reductions in all sectors....

550. Urgent call to liberalize electricity market

Mr. Neophytou attended the Annual General Assembly of the Electricity Market Association (EMA) on Thursday, June 29th, and delivered a greeting. ...

551. Cabinet pulls plug on fuel subsidies

Temporary fuel state subsidies are set to expire before the weekend in the Republic of Cyprus, after the finance minister announced an extension could not be justified...

552. Nicosia encourages green transportation with new policy

Effective Saturday, July 1, the Nicosia Municipal Council will implement new parking fees in municipal parking areas, following a decision made on April 20, 2023. ...

553. Cyprus receives funding for Nicosia motorway

The European Commission has announced a significant investment of €6.2 billion to co-finance 107 infrastructure projects aimed at promoting sustainable, safe, and efficient transport throughout the EU....

554. Excess renewable energy poses challenges for Cyprus

There is an excess production from renewable energy sources that could be extracted, stated the spokesperson of the Cyprus Transmission System Operator (TSO) to CNA....

555. Green energy policy progresses with approval for EV charging infrastructure

The Council of Ministers, in its session on June 21, 2023, approved the Amendment of the Regulations on Petroleum Stations from 1972 to 1999, to allow for the installation and use of electric vehicle charging points at petrol stations, as part of the government's policy for transitioning to green energy....

556. Government procures 32 electric vehicles to reduce emissions

The Ministry of Transport, Communications, and Works has announced that, for the purpose of promoting clean road transport vehicles and reducing greenhouse gas emissions and other pollutants in the atmosphere, it has received and delivered 32 electric vehicles to Departments and Services of the Public Sector to meet their needs....

557. Police combat apartment power theft in Paphos

The Paphos Police conducted a successful operation on Wednesday, resulting in the arrest of three individuals involved in electricity theft....

558. Understanding price levels in Cyprus and how they compare to the EU average

According to the latest data from Eurostat, the statistical service of the European Union, the price levels for household expenses in Cyprus were 91% of the EU average in 2022....

559. Festival of Dreams: a unique celebration dedicated to 75 years of excellence of Porsche iconic sportscars

560. Cyprus changes tack with plan for gas link to Israel

Cyprus hopes to develop plans for a pipeline linking it to Israel's east Mediterranean gas fields during talks which start next month, the island's top energy official told Reuters...

561. President Christodoulides unveils government's 100-Day report card

During a press conference held today, President Christodoulides provided insights into the state of the government after his first 100 days in office and responded to various questions from journalists....

562. Controversy surrounds expansion of occupied airport

Without receiving significant coverage from the Greek Cypriot media, Turkish Vice President Cevdet Yilmaz made a substantial visit to the so-called TRNC following Erdogan's illegal visit....

563. New policies create passenger backlash at Limassol Port

On Sunday, a wave of reactions was triggered at Limassol port as citizens became aware of a new policy set to be implemented this year by the Deputy Ministry of Shipping. ...

564. Temporary VAT reduction on essentials estimated at €14.5 million

In the upcoming days, most likely early next week, a clearer picture is expected to emerge regarding the government's course of action on the reduced Value Added Tax (VAT) rate for fuel and electricity....

565. Floating metropolis to tackle climate change

Japanese designers are preparing for rising sea levels in the future — by sitting on top of them in a vast floating city!...

566. Cyprus struggles with renewable energy and storage gap

Only 15% of Cyprus' total energy production comes from Renewable Energy Sources (RES), highlighting the country's significant lag in this sector....

567. Government ends tax break, fuel and electricity prices to rise

The Director General of the Ministry of Finance, Michalis Pantelis, has expressed the government's intention to end the measure of reducing excise tax on fuel and electricity....

568. Anticipating the arrival of natural gas in Cyprus

After attending a workshop on energy issues in Nicosia and engaging in meetings with stakeholders in the UK, George Papanastasiou, the Minister of Energy, Trade, and Industry, is now embarking on a two-day working visit to Israel. ...

569. Erdogan calls on Greek Cypriots to face reality

Turkish President Recep Tayyip Erdogan has called on Greek Cypriots to face reality, vowing during a Monday visit to north Cyprus that Turkish Cypriots will never be a minority on the island and calling for equal status before any talks take place...

570. Erdogan's controversial visit to the occupied areas

Breaking from tradition, Turkish President Recep Tayyip Erdogan embarked on an unauthorized visit to the "TRNC" before his scheduled trip to Azerbaijan on June 13....