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Cyprus Finance Minister announces fuel tax reduction

March 8, 2022

Cyprus Finance Minister Constantinos Petrides announced on Thursday a reduction in fuel tax following a Cabinet meeting, at the Presidential Palace.

“The Cabinet decided to reduce fuel tax at the maximum levels allowed by the European acquis and extend the period of  implementing a reduced VAT by 5% and 9% in power consumption”, said Petrides.

 

Continue reading at source: in-cyprus