41 h. ago Etek backs energy minister’s concerns over electricity market opening

President of the technical chamber Etek on Thursday said that the energy minister’s concerns about the opening up of the electricity market were reasonable and justified. In a written statement, Konstantinos Constantis said nothing had happened since 2022 when Etek first raised the same concerns with the energy regulator Cera. At the end of last […]

Politics

62 h. ago Israel Knesset set to vote on disbanding in first step to possible election

Israel’s parliament is set to hold a preliminary vote on Wednesday to dissolve itself following a dispute over conscription, a first step that could lead to an early election, which polls show Prime Minister Benjamin Netanyahu would lose. The vote could still be pulled at the last minute, and even if it goes against Netanyahu, […]

Politics

65 h. ago ‘There is no way’ electricity bills will go up by 9.5% – Minister

Energy Minister George Papanastasiou on Wednesday said there is “no way” that consumer electricity bills will go up by 9.5 per cent. Speaking after the day’s cabinet meeting, he described assertions that bills would rise by such an amount as “unrealistic” and “mass-market fiction”. “There is no way that such a thing will happen. The […]

Politics

3 d. ago Electricity industry in spat with minister over privatisation

The private electricity industry on Tuesday censured the energy minister for remarks which, in its opinion, undermine confidence in the coming opening up of the electricity market. The Electricity Market Association (EMA) was responding to earlier remarks by Energy Minister George Papanastasiou, who said the government would monitor the opening of the market to competition […]

Politics

5 d. ago How can an entity as important as the EAC be run in such a way?

Sir, There have been a number of reports from time to time over many years about the high cost of electricity in Cyprus. For example: On January 31, 2025 the energy minister, George Papanastasiou was reported as saying that there will be “No major drop in electricity costs this year”. On May 30, 2025 the same […]

Politics

1 week ago Former German Foreign Minister elected president of 80th UN General Assembly

Germany’s former foreign minister Annalena Baerbock has been elected president of the 80th session of the United Nations General Assembly, securing 167 votes out of 174 cast by member states in a secret ballot. Her election was welcomed by the Western European and Other States Group (WEOG), which praised Baerbock’s expertise in international law and […]

Politics

1 week ago Minister: I can’t tell if prices will go down after electricity privatisation

Energy Minister George Papanastasiou on Monday said he “cannot tell” if consumers’ energy bills will go down after Cyprus’ electricity grid is opened to private companies. “I cannot tell you whether the price will go down, because this particular model, namely the ‘target model’, has not been tested in small markets such as in Cyprus,” […]

Politics