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Cyprus News Agency: News in English, 08-08-23

Cyprus News Agency: News in English Directory - Previous Article - Next Article

From: The Cyprus News Agency at <http://www.cyna.org.cy>


CONTENTS

  • [01] MINISTER OF COMMERCE - FUEL PRICES

  • [01] MINISTER OF COMMERCE - FUEL PRICES

    Minister of Commerce, Industry and Tourism Antonis Paschalides has decided not to set a government regulated ceiling on the retail price of fuel.

    The Minister has been informed by the Committee for Monitoring Petroleum Prices about its conclusions on fuel prices in Cyprus. The Committee convened Friday in an urgent meeting to examine international and local retail prices in Cyprus.

    I have examined the data given to me by the Committee. I concluded that after recent decreases in retail prices, there is no need at this stage to set a government regulated ceiling on retail prices for all or some oil products, he told a press conference.

    The Minister noted that Cyprus is among the cheapest EU countries as regards fuel prices, mainly due to low petrol tax.


    Cyprus News Agency: News in English Directory - Previous Article - Next Article
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