Cyprus Chamber of Commerce

Gas a priority for affordable electricity generation, Cyprus Chamber agrees

The Cyprus Chamber of Commerce and Industry (CCCI) agrees with Nicosia's priority to bring natural gas το Cyprus, in order to produce cheap electricity, said CCCI President Christodoulos Angastiniotis, after a meeting held between the CCCI and the country's President Nikos Christodoulides on Tuesday. 

Cyprus Announced 10 New Measures to Fight the Crisis

The Cyprus government announced an 'improved plan B' with a major input from the European Investment Bank to rescue the economy hurt by the coronavirus pandemic with loans worth €1.7 bln, as well as subsidies of interest rates for business and housing loans, after it failed to pass a smaller loans-guarantee scheme through parliament which would have required greater transparency.