The Italian Prime Minister Giorgia Meloni mentioned the need for a quick and structural solution to energy cost issues within the European Union, in order to contain natural gas prices and protect citizens. #Ενέργεια #ΕυρωπαϊκήΈνωση #Μελόνι (translated)
A survey by the Cyprus Consumers Association reveals that fruits and vegetables at the local market are on average 26% cheaper compared to prices in supermarkets. #Φρούτα #Λαχανικά #Τιμές (translated)
In recent days, Donald Trump announced a sudden agreement to purchase Russian diesel in order to lower pump prices, despite American sanctions on energy imports from Russia. #Μακρόν #Ρωσία #Ουκρανία (translated)
Inflation is constantly increasing, with prices for fuels, services, and food recording rapid hikes, such as Greek beans being sold at prices up to 202% higher in the market. #ακρίβεια #οικονομία #ανατιμήσεις (translated)
The Proper Greek Analyst criticized publications from Kontra, Eleftheros Typos, Political, and Dimokratia, arguing that they presented as a Greek success an exception that would pave the way for a reduction of fuel taxes or investments amounting to 1 billion euros. He described the coverage as misleading and said it confused two different requests. According to him, the government's request for temporary reductions in the Special Consumption Tax or VAT on fuels not to be counted toward the deficit was rejected. He argued that such measures would directly support citizens and businesses and that they had been implemented without requests to the Commission from 11 EU countries. He also cited a Reuters publication regarding the rejection of requests from Greece and Italy for greater fiscal flexibility. On the contrary, he mentioned that a request for exemption from fiscal rules on spending for energy projects had been accepted. In his post, this possibility did not concern only Greece: a Commission announcement dated 18/8/26, with code C/2026/4514, stipulated an exemption of up to 0.6% of GDP cumulatively over two years for countries that would apply. He estimated that this corresponded for Greece to 1.56 billion euros, with an GDP of 260 billion euros at current prices in 2026, and not the 1 billion euros that, as he wrote, the government planned to allocate. The Proper Greek Analyst added that Italy's request, which, according to ANSA, concerned 0.6% of GDP or 14 billion euros, was expected to be approved by Monday. He contrasted this amount with the 0.38% of GDP or 1 billion euros attributed to the Greek plan. For Greek projects, he mentioned grants of 200 million euros for energy storage batteries from renewable sources, 320 million euros for railroad safety and expansion projects, 200 million euros for heat pumps and solar water heaters for 100,000 beneficiaries, 117 million euros for energy upgrades of 109 public buildings and universities, 50 million euros for photovoltaics, batteries, and heating systems for 10,000 beneficiaries, 50 million euros for carbon capture and storage in industry, and 45 million euros for 246 school units. He stated that, beyond the subsidies for households, the remaining projects would not directly benefit citizens. #Ελλάδα #ενέργεια #δημοσιονομικά (translated)
The Direct Democracy is organizing a nationwide protest march on October 17 in Nicosia against high electricity prices, calling on citizens to participate and demand meaningful solutions. #ΆμεσηΔημοκρατία #Διαμαρτυρία #ΗλεκτρικόΡεύμα (translated)
KatiApoZebra wrote that the Commission approved the energy escape clause, but argued that the decision would not reduce electricity, fuel, or food prices. She mentioned that some investments would be made and commented that until then, citizens would "eat and light the clause." #ενέργεια #τιμές #επενδύσεις (translated)
With our ABSOLUTE CONTROL in the Straits of Hormuz, and this great announcement about Russian Energy, diesel prices for Americans and, indeed, for the world, will FALL, WITH RECORD NUMBERS AND FAST! "With our ABSOLUTE CONTROL in the Straits of Hormuz, and this great announcement about Russian Energy, diesel prices for Americans and, indeed, for the world, will FALL, WITH RECORD NUMBERS AND FAST!", Trump celebrated on his platform, Truth Social. #Πετρέλαιο #ΤραμπΠούτιν #Καύσιμα (translated)
"Thanks to our COMPLETE CONTROL over the Strait of Hormuz and this important announcement regarding Russian energy, diesel prices for Americans and indeed for the entire world will DECREASE to RECORD LEVELS, AND QUICKLY!" Donald Trump linked the agreement to the effort to reduce energy costs, claiming that the increase in the supply of Russian diesel, combined with the control that the US supposedly exerts over the Strait of Hormuz, will lead to a rapid de-escalation of prices. #Ρωσία #Τραμπ #Ζελένσκι (translated)
Donald Trump announced an agreement with Vladimir Putin for the supply of a large quantity of Russian oil to the US, expressing hope that diesel prices will begin to decrease. #Τραμπ #Πούτιν #πετρέλαιο (translated)
The European Commission is considering the imposition of a pan-European tax on the windfall profits of energy groups as a measure to support consumers amid the energy crisis, under the pressure of several member states that point to the continuously high energy prices. #ΕνεργειακήΚρίση #ΦόροςΥπερκερδών #ΕΕ (translated)
The upward trend in fuel prices in Cyprus continues, with the average prices of various types of fuels ranging from €1.669 to €2.126, depending on the province. #Καύσιμα #Τιμές #Κύπρος (translated)
Oil prices are retreating on Friday, following the statement by US President Donald Trump that he is having "constructive talks" with Iran and that he will not attack the Middle Eastern country before the US midterm elections in November, which has eased concerns about oil supply from the Middle East. #Πετρέλαιο #Τραμπ #Ιράν (translated)
Oil prices are falling after Donald Trump's statement that he will not attack Iran before the midterm elections, alleviating concerns about oil supply from the Middle East. #Πετρέλαιο #Τραμπ #Ιράν (translated)
Jump in Brent oil prices following reports of a possible U.S. military attack on Iran, with prices starting to retreat subsequently due to a post by Trump stating that there would be no attacks before the midterm elections. #πετρέλαιο #Ιράν #πολεμικήανάταση (translated)
From August 2025 to August 2026, the price of unleaded 95 gasoline increased by 23.8 cents per liter, mainly due to the rise in oil prices and the costs of refining, transportation, and distribution, despite the reduction in the special consumption tax by 7 cents. #Βενζίνη #Οικονομία #Τιμές (translated)
The author wrote that the state should pay tribute to the specific mother, estimating that there were few mothers of large families like hers. He added that Greece and Cyprus were suffering from low birth rates. #Υπογεννητικότητα #Μητρότητα #Οικογένεια #GR #CY (translated)
We are all aware of the fact that we need to do both. Mr. Piera-kakis described the current situation as a "difficult equation," with two main sides: On one hand, the increased energy prices, high energy costs, and rising inflation are burdening households and businesses. #Οικονομία #Ενέργεια #Πληθωρισμός (translated)
Kyriakos Pierrakakis emphasized the "difficult equation" that Europe must solve regarding rising energy prices, inflation, and pressures on bond markets, highlighting the need to protect households and businesses while safeguarding the reliability of fiscal rules. #Οικονομία #Ενέργεια #Πληθωρισμός (translated)
Global oil reserves are declining to critical levels, with leaders in the energy industry warning of increased fragility and rising prices. #πετρέλαιο #οικονομία #ενέργεια (translated)
