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[Cyprus Times] PM announces measures to reduce electricity prices end of August

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Statements by the President of the Republic on the Government's measures in relation to the increase in electricity prices

Some further measures will be announced at the end of August when the measures currently in force expire, President Nicos Anastasiades said today, referring to the Government's measures to support citizens in relation to the increase in electricity prices.

In his remarks to reporters on the sidelines of the unveiling ceremony of a monument in honour of Glafkos Clerides, in Germasogeia, and asked whether coupons for electricity will be issued, the President of the Republic said that "it is something that is being studied to be targeted assistance and not vague money to be disbursed anywhere else. It is a targeted effort and with the end of the measures that are in place today, at the end of August some further measures will be announced."

Asked to comment on criticisms that citizens are not directly benefiting from the decisions taken yesterday during his meeting with RAEK and AHK, the President said that "no decisions were taken yesterday. Determinations were made yesterday and I will not exclude anyone from criticizing, their right. What matters is what we do in the end, as we have done with a 300 million euro package of measures to help consumers, first, with horizontal measures, but also with targeted measures - with a focus during yesterday's debate on the development of the programme of both AHK and more generally on the implementation of the green transition, but also with specific measures to be announced to cover the next quarter after August".


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