Paphos People

Cabinet on Tuesday decided to extend the government allowance covering energy expenses for another two months, at a cost of around €25 million. The scheme covers domestic, commercial and industrial use, as well as water pumping consumption.

The scheme encompasses 449,000 homes and 115,000 businesses, deputy government spokeswoman Niovi Parisinou said. It has been in place for November and December and is now being extended for another two months to include January and February 2023, at an estimated cost of €25m.

To date, measures to support vulnerable groups and businesses including those in agriculture and animal husbandry amount to €600m, Parisinou noted. Extra support is being slated in to help the agriculture sector, she added.

Due to the increasing costs of production linked to price hikes in electricity costs, fuel and fertilizers, the government decided to offer up to €500,000 to support the citrus cultivation industry due to the challenges it faces in connection with Russia’s invasion in Ukraine.
Earlier in the day, energy expert Charles Ellinas said a further increase in electricity costs was inevitable.

Full story:- https://cyprus-mail.com/2022/12/20/cabinet-extends-support-measures-for-electricity-bills-agriculture-sector/

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