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Govt announces eight measures to combat rising costs amid Middle East war

Summary by Cyprus Mail
The government on Thursday announced a package of eight measures which it hopes will help combat rising costs after four weeks of war in the Middle East. Firstly, the reduced five-per-cent rate of value added tax on electricity will be extended until May next year, having initially been expected to…

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Right

The total cost, including existing measures still in force, exceeds 200 million euros, he said.

With an 8-meter package, Cyprus wants to shield the economy from geopolitical turmoil.

·Greece
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A package of eight measures in a number of sectors, including electricity, fuel, VAT on food, agriculture, transport and tourism, to support households and businesses announced…More...

·Greece
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Cyprus Mail broke the news in Nicosia, Cyprus on Thursday, March 26, 2026.
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