Germany inflation hits 2.9% in April as energy costs surge
Germany’s inflation rate rose to 2.9 percent in April, the highest since January 2024, driven by soaring energy prices linked to tensions in the Middle East, official data showed Tuesday. The increase followed a 2.7 percent rise in March. Energy…
Cyprus, EU commissioner discuss housing and energy priorities
President Nikos Christodoulides highlighted EU housing programs during a meeting with European Commissioner for Energy and Housing Dan Jørgensen at the Presidential Palace. Christodoulides said energy remains a top priority…
Cyprus president says more firms eye EEZ blocks as energy plans move ahead
Cyprus President Nikos Christodoulides has said that more companies have expressed interest in securing new exploration areas in the country’s exclusive economic zone. He said the government’s energy program is…
Cyprus Electricity Authority launches 24‑hour strike
Workers at the Cyprus Electricity Authority launched a 24‑hour strike at midnight after talks with the energy minister ended without agreement on Wednesday. Kyriakos Tafounas, head of the EPOPAI union,…
Cyprus Electricity Authority will stage a 24‑hour strike later
Employees of the Cyprus Electricity Authority will stage a 24‑hour strike later. The unions EPOPAI, SIDHEK‑EK, SEPAIK, SYVAIK and the Free Pancyprian Organisation of EAC Staff said the decision was…
Electricity Authority staff to hold 24-hour strike on April 23
Employees of the Cyprus Electricity Authority will stage a 24‑hour strike on April 23. In a joint statement, the unions EPOPAI, SIDHEK‑EK, SEPAIK, SYVAIK and the Free Pancyprian Organisation of…
Cyprus energy minister to meet EAC board amid strike threat
Cyprus’ Energy Minister Michalis Damianou will meet the board of the Electricity Authority of Cyprus on Tuesday to discuss all outstanding issues concerning the organisation. The minister will also hold…
IMF Says at Least 12 Countries May Seek New Loans as Energy Prices Surge
The International Monetary Fund expects at least 12 countries — including several in sub‑Saharan Africa — to request new lending programs because of soaring energy prices and supply‑chain disruptions caused…
Cyprus Outlines Four‑Pillar Plan for Energy Transition
Cyprus can play a leading role in the Eastern Mediterranean’s response to the climate crisis, Energy Minister Michalis Damianou told an international climate‑crisis conference in Nicosia. Speaking at the event,…
Turkey Now Ranks Fourth Worldwide in Deep‑Sea Drilling Fleet, Minister Says
Energy and Natural Resources Minister Alparslan Bayraktar said Turkey has become the world’s fourth‑largest country in terms of deep‑sea drilling capacity, citing the expansion of its state‑owned fleet and intensified…