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[Cyprus Times] EPP on government measures: "None of them lead to an immediate reduction in electricity prices"

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Press release of the EDEK on the measures to reduce electricity prices

None of the measures announced leads to an immediate reduction in the price of electricity and the immediate treatment of the problem, the EDEK argues in a press release.

"There are options that lead to immediate relief for citizens, which the EDEK timely submitted to the government and publicly," it adds and explains numerically below.



  • Subsidizing the price of electricity based on social criteria. If the government decides to intensify controls to prevent the illegal supply of fuel from the occupied territories, it will be able to recover the tens of millions of euros it loses annually and allocate them for this very purpose.
  • VAT to be levied only on the consumption of electricity and not on the total bill charges.
  • Significantly reduce VAT on electricity, as is the case in other EU countries.


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