Cyprus tackles rising fuel and commodity prices with new measures


  • World
  • Saturday, 21 May 2022

NICOSIA, May 20 (Xinhua) -- Cyprus will introduce a series of measures to counter the spike in fuel and commodity prices caused by the crisis in Ukraine, a Cypriot government spokesman announced on Friday.

Speaking after a meeting of the country's ministers of Finance, Transport, Labor, Energy, Agriculture and Social Welfare, and President Nicos Anastasiades, spokesman Marios Pelekanos said "the measures will include the extension of reduced taxation on fuel and electricity already in force."

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