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Thursday, June 20, 2024

Processing to extend fuel measures

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Next Previous Processing for fuel extension measures HOME • INSIDER • CYPRUS • Processing for fuel extension measures

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The Minister of Energy, Trade and Industry, Natasa Peleidou, said today that measures are being taken to expand the measures taken in the light of the increases in fuel prices.

In her statements on the sidelines of the Business Forum Famagusta and when asked about the increases in fuel prices, Ms. Pileidou said that “measures are definitely being processed and expanded”.

SEE ALSO: & nbsp; Total

He added that & nbsp; due to the reduced excise tax on fuel we see that we are one of the lowest cost countries in the cheapest five in recent months.

“But surely we have all seen the noticeable difference compared to what we paid before. “Therefore, for all the products that have been affected, whether they concern electricity, fuel, essential products, a preparation is being made and discussions will be held in a meeting with the President of the Republic to see what additional measures can be taken,” she said. Mr. Pileidou.

He pointed out that “surely with our new bill for the RES-EXE Fund, a reduction of the consumption fee in electricity is promoted, in the tariffs of the EAC, where it will be hopefully reduced, we hope with the vote “from 0.5 cents per kilowatt hour to 0.1 cents per kilowatt hour at that fee.”

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We see, the Minister continued, that the sanctions will continue to be imposed and possibly more will be added. “Therefore, short-term and long-term measures are definitely needed, such as the recently announced sponsorship plans,” she said.

photovoltaics, etc., where an amount of up to 300 thousand per company is available, and the total budget is 40 million “.

“We hope that businesses will embrace this project as well as 9 million for local authorities, where there is a significant opportunity for local authorities to contribute to reducing costs for citizens,” he said.

He also said that there is a plan for water heaters announced yesterday, a plan to replace energy-intensive appliances for vulnerable consumers that continues to run, and in the coming weeks will come out our plan for installing photovoltaics and thermal insulation in homes. Asked about the importance of the Famagusta Business Forum, she said that “this is the first time that such a large-scale forum is organized in the Famagusta area. I think it is very important for Famagusta to highlight the perspective that exists here for business activity and to expand to other sectors of the economy besides tourism, which is the main activity “.

” For this “As the Ministry of Commerce, we support this effort and we believe that it has a huge perspective,” said Ms. Peleidou.

relations between Greece and Cyprus where imports and exports are increasing.

He stated that “despite the coronavirus in 2021 we had an increase in both, and we will certainly try to strengthen trade between the two countries even more.” .

Source: www.philenews.com

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