The Cyprus government is preparing additional measures to address rising energy costs, with spending already exceeding €100 million, President Nikos Christodoulidis said. Announcements are expected later this week. Comments were made during a press briefing that also covered developments related to the Cyprus issue. The government is managing both economic and political priorities.
Government Measures To Combat The Energy Crisis
The President said more than €100 million has already been allocated to support households and businesses facing higher energy prices. Additional measures are under preparation. Ongoing discussions involve the Ministry of Finance, with further support under consideration. The government is expected to present new steps in a public address.
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Dialogue With The United Nations
The President referred to recent developments following the National Council meeting, noting that some confidential discussions had become public. He said the disclosures raised concerns about the handling of sensitive information. António Guterres is expected to submit a framework for a Cyprus settlement before the end of his term. According to the President, recent discussions with the United Nations were productive.
Economic Initiatives To Curb Price Increases
Efforts are focused on limiting the impact of energy costs on households and businesses. Measures include financial support and policy actions aimed at stabilizing prices. Further details are expected in the coming days, as the government prepares additional announcements.
