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Cyprus boosts energy grid with €45 million infrastructure projects

Cyprus boosts energy grid with €45 million...

EAC upgrades to stabilise system

EAC pondering price hikes for 2025

The Electricity Authority of Cyprus (EAC) has begun examining what tariff hikes it will impose for 2025, the head of the state-run utility said on Monday. Giorgos Petrou, board chairman at the EAC, made the comments to the Stockwatch media outlet. He said they would present their new tariffs proposal…

Delicate handling must come to an end

Of course, delicate handling is required, as we are talking about millions of euros. But, these delicate approaches should have ended long ago, and decisive actions should have been taken.There comes a point when those in power should not fear political costs and should make swift decisions.They hav