An increasing flow of Greek Cypriots to the occupied territories for cheaper fuel is observed due to high prices, with almost a quadrupling of fuel seizures at the checkpoints. #Καύσιμα #ΕλληνΚύπριοι #Οικονομία (translated)
Increased flow of Greek Cypriots to the occupied areas for the procurement of cheaper fuels is observed due to high gasoline and oil prices, with fuel confiscations at the checkpoints nearly quadrupling. #Κύπρος #Καύσιμα #Τελωνείο (translated)
The Trump-Putin agreement brings hopes for a reduction in fuel prices, but the impact on the Cypriot market remains uncertain and the geopolitical consequences could affect the situation in Ukraine. #Οικονομία #ΤραμπΠούτιν #Καύσιμα (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 Trump-Putin agreement on the release of Russian oil is expected to affect the global fuel market, although analysts express concerns that the amount to be delivered will be insufficient to reverse the supply crisis. #Πετρέλαιο #ΤραμπΠούτιν #Καύσιμα (translated)
Vladimir Putin conveyed Russia's readiness to supply oil and petroleum products to the United States and the global market amid the fuel crisis to Donald Trump during their phone call on Friday, October 9. #Ρωσία #Τραμπ #Ζελένσκι (translated)
Yesterday, Klitschko stated to the French Agency that Kyiv is preparing backup heating systems and creating stocks of fuel, essential goods, and drinking water to deal with possible prolonged issues during the winter. #Ουκρανία #Ζελένσκι #Ενέργεια (translated)
Peter Kousoulos wrote that a person who had benefited from the Greek public was involved in a fuel smuggling ring and other cases. He asked which ministers and other officials were covering for him. #apokalypseis #διαφθορά #καυσίμων #πολιτική (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)
The protests in forty cities in France against the rising cost of fuel and the reduction of state welfare unite students, pupils, and teachers with the unions, causing serious social unrest and bringing the country to the brink of an economic crisis. #Γαλλία #Διαδηλώσεις #Ακρίβεια (translated)
The Italian Prime Minister Meloni announced that the government is ready to intervene to limit fuel prices through rolling taxes, securing about 160 million euros, while highlighting the difficulties in reducing the price of diesel due to increased taxes. #Μελόνι #καύσιμα #φορολογία (translated)
The Consumer Protection Service stated that fuel prices in Cyprus are acceptable and lower than the EU average, however, it has caused reactions in the Parliament where MPs asked for more details regarding the calculation formula and there were concerns about the lack of price reductions by fuel station operators after the subsidies. #Καύσιμα #Κύπρος #ΠροστασίαΚαταναλωτή (translated)
The Iranian Minister of Oil, Mohsen Paknejhad, resigned amid long queues at fuel stations due to the war in the Middle East, with Hamid Bord taking over as interim minister. #Ιράν #Πετρέλαιο #Πολιτική (translated)
Antonio Guterres directed his arrows, without mincing his words, at the proponents of fossil fuels, saying that they treat the planet's atmosphere like an open sewer, drawing enormous superprofits and showing indifference. #ΚλιματικήΑλλαγή #Ενέργεια #Βιωσιμότητα (translated)
Alexis Tsipras wrote that, as the villages of the hinterland become deserted, the activity in the Greek seas is also declining. He characterized the concerns of fishermen as a warning for the country and not merely as professional demands. He stated that high fuel prices made every fishing outing financially unbearable and accused the state of ignoring the fishermen's right to safe navigation. He argued that the threat to the survival of professional fishermen also endangered the marine environment, heightened food insecurity, and indirectly challenged national sovereign rights at sea. He added that addressing their demands was a concern for everyone. #Αλιεία #Περιβάλλον #Οικονομία (translated)
"Europe has just agreed to release a huge amount from its large diesel reserves. The process will start immediately." The decision was made under the immediate and intense pressure of American President Donald Trump, who is desperately seeking to reduce fuel prices ahead of the critical American midterm elections in November. #ντίζελ #Τραμπ #Ευρώπη (translated)
"We decided to strategically release diesel and crude oil reserves under the coordination of the International Energy Agency (...) in order to release up to 100 million barrels within four months." The G7 member states will release "up to 100 million barrels" of diesel and crude oil from their reserves within "the next four months" to alleviate pressure on fuel prices and agreed not to restrict their exports, French President Emmanuel Macron announced today. #G7 #καύσιμα #Μακρόν (translated)
French President Emmanuel Macron announced that G7 member states will release up to 100 million barrels of diesel and crude oil from their strategic reserves over the next four months, with the aim of reducing pressure on fuel prices. #G7 #καύσιμα #Μακρόν (translated)
Donald Trump announced that Europe has agreed to release a "huge amount" of diesel reserves to curb price increases caused by the recent rise in fuel prices. #Τραμπ #ντίζελ #Ευρώπη (translated)
Emmanuel Macron called on the G7 countries to "act in a coordinated manner, without restrictions on exports" to achieve a reduction in fuel prices at a time when Donald Trump is pressing Europeans to release some of the strategic reserves of diesel and threatening to impose an export ban, the French Presidency announced. #ΔιαχείρισηΕνέργειας #ΕΕ #Ντίζελ (translated)
