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541. Cyprus tourism starts year with legendary treasure hunt

The Tourism Deputy Ministry and the Department of Forests organize a treasure hunt for hikers in the forest of Paphos on January 29...

542. Housing, water and energy take up 25% of EU household expenses

In 2021, ‘Housing, water, electricity, gas and other fuels’ represented a quarter (25.0%) of EU household expenditure and 17.1% of household expenditure in Cyprus, according to Eurostat, the statistic service of the EU....

543. EAC demands to be revisited on January 13

544. Nikos Christodoulides’ program for the next five years

Cypriots will go to the polls on February 5 to elect the 8th President of the Republic. The campaign began very early compared to previous elections and will intensify during the remaining few weeks. ...

545. Cyprus signs up to more aid for Ukraine

Cyprus and Poland have signed an agreement to provide further humanitarian aid to Ukraine amounting to €300,000 for the purchase of electricity generators. Cyprus' humanitarian aid to Ukraine now exceeds €3 million...

546. Electricity subsidies extended to February 2023

The Council of Ministers met yesterday under the chairmanship of the President of the Republic Mr. Nicos Anastasiades and approved the extension for two additional months of the measure concerning the subsidy by the State of part of the cost of electricity consumption...

547. Power cuts averted as energy grid clash rages on

Electricity Authority of Cyprus (EAC) workers' unions announced the suspension of the measures scheduled for Wednesday, after an extraordinary meeting with the Minister of Labour and Social Insurance, Kyriakos Kousios and the agreement to arrange as soon as possible 'and in any case within the next week' a meeting with the Ministers of Energy and Finance on the issues of concern ...

548. Power cuts to be implemented on Wednesday

The Cyprus Transmission System Operator (TSO) is developing a power cut schedule in collaboration with the Distribution System Operator (DSO) to ensure the security of the electricity generation system, with the plan so far providing for half-hourly power cuts in the Nicosia, Larnaca, and Famagusta districts....

549. CERA emergency meeting - Power outage risk

Since this morning, an emergency meeting of the Cyprus Energy Regulatory Authority (CERA) has been held to examine the situation that is expected to arise as a result of the Electricity Authority's guilds' decision not to put the six steam power units of the Dhekelia Power Plant into operation next Wednesday,...

550. 'Generators of hope'

The war in Ukraine is continuing unabatedly. Every day we hear about new atrocities of seemingly indiscriminate bombing of civilians. But we also see deliberate and targeted attacks on critical civilian infrastructure, such as electricity transmission networks....

551. Risk of power cuts next week

Due to a disagreement between the management of EAC and its employees, the nightmare of a power outage next week will return in December....

552. Divided Cyprus’ leaders meet as UN not giving up

Cyprus President Nicos Anastasiades and Turkish Cypriot leader Ersin Tatar met on Wednesday evening in the framework of an end of year reception which the UN in Cyprus hosted at Ledra Palace, in the Nicosia buffer zone...

553. Fuel price cuts have begun

Following a month of price volatility, the Cypriot market should see a reduction in the cost of motor and heating fuels in the coming days....

554. CYTA expects €400 million in revenue this year

Deputy Chairman of the Committee Chrysis Pantelides told CYTA after discussing the organization's budget for 2023 that CYTA is a very good example of a profitable and robust semi-governmental organization that should remain in the ownership of the state so that the public and society at large reap these important benefits....

555. Indonesia quake: 252 dead including many children

Many children were killed in an earthquake in Indonesia when their schools collapsed, officials said on Tuesday, as rescuers raced to reach people trapped in rubble in a devastated town on Java island....

556. Electricity theft on the rise

The Cyprus Electricity Authority's electricity distribution substations have seen an increase in theft cases recently, according to a statement from the police....

557. Eurostat: Electricity prices up by 32% in Cyprus

In the first half of 2022, average household electricity prices in the European Union increased sharply compared with the same period in 2021, from 22.0 euros per 100 kWh to 25.3 euros per 100 kWh, according to data released by Eurostat, the statistical service of the EU....

558. Kyiv: 80% of households have no access to running water

According to Vitaly Klitschko, the mayor of Kyiv, new Russian missile strikes have cut off the water supply to 80% of residents and electricity to 350,000 households....

559. Cavusoglu: 'TRNC' delegations will be established in two EU member states

Turkish Foreign Minister Mevlut Cavusoglu said that although the pseudo-state has not been recognized, representative offices will now be established in two EU nations. ...

560. Government transparency and a single Cyprus identity on the campaign agenda

The Cyprus problem, energy, green economy, public education, the calls for disclosure of information related to the Cyprus Investment Programme, and the failure of four independent candidates to run under a common candidacy, were the main topics of candidates' statements and activities on Thursday....

561. EU leaders burn midnight oil on gas prices

European Union leaders ended another debate on the bloc's response to the energy crunch without agreement on whether to cap gas prices, deciding in the early hours of Friday morning to keep examining options to put a ceiling on costs...

562. Which products were most affected by the barrage of price increases?

Aside from fuel and electricity, shopping, particularly for necessities, is high on the list of concerns for all households. Prices in various product categories have risen, making life even more difficult for consumers, and the outlook is bleak at the moment....

563. President: By 2027, Cyprus will be able to export renewable energy

It is estimated that by the end of 2027 Cyprus will have an excess of renewable energy that could be exported or exchanged, in addition to the quantities that could be available from Egypt, Israel, and Greece, President of the Republic, Nicos Anastasiades, said on Friday morning, in his address at the EMGF Energy Transition Conference hosted in Nicosia....

564. Ending Cyprus' energy isolation

After the discovery of energy resources in the Cypriot EEZ, the start of construction of the Cyprus-Crete electricity cable can be considered a high point in Cyprus' energy affairs. For the first time in its history, the Republic of Cyprus will join Europe's energy system, with all that entails for the country's security....

565. Energy poverty: The nightmare that everyone is attempting to alleviate

"Energy poverty is a major social issue with a direct impact on health that affects approximately 54 million Europeans. High energy prices, low incomes, and damp, unhealthy homes with poor insulation all contribute to higher rates of energy poverty," according to a statement published on the website of the European Committee of Regions on June 2019....

566. Von der Leyen: Temporary cap on gas prices

The European Commission is now moving towards a temporary cap on gas prices and a common supply of energy products, Commission President Ursula von der Leyen said in a speech to the European Parliament on Wednesday morning....

567. EU countries approve energy windfall levies, turn to gas price cap

European Union countries agreed on Friday to impose emergency levies on energy firms’ windfall profits and began talks on their next move to tackle Europe’s energy crunch – possibly a bloc-wide gas price cap....

568. Cyprus wants EU exemption from energy cutback

Cyprus is gearing up to request on Friday an exemption from EU measures that would call on member states to reduce their energy demand as well as cap company profits from Russian oil...

569. Finance Minister calls for prudency to safeguard economy

Cypriot Minister of Finance Constantinos Petrides, stressed on Wednesday evening the need to be “even more careful” with the fiscal discipline in the new challenging era, while Central Bank Governor Constantinos Herodotou referred to the risk of new NPLs due to the challenging economic conditions....

570. Why EVs are a flop in Cyprus … so far

It's only a 150-kilometer drive across Cyprus; well below how far an average electric vehicle can drive on a single charge. Range anxiety — a major barrier in the shift to EVs — shouldn't be a thing....