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Cyprus proposed a series of measures to alleviate the impact of rising energy prices that will be implemented earlier than other EU countries, Minister of Energy, Commerce and Industry Natasa Pilides has said. Briefing the parliamentary committee of Finance and Budgetary Affairs on her Ministry’s budget for 2022, Pilides said that Cyprus had the second lowest rise in electricity costs in the EU but was one of the first countries to implement a 10% reduction in electricity bills for four months, …
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