Cypriot Parliament to discuss rising fuel prices
The Cypriot Parliament will discuss the sharp rise in fuel prices and possible measures to reduce them. It is noted that while temporary relief is expected in April, prices could rise again as early as May.
The increase is partly due to the rising cost of electricity, which affects the overall fuel price level.
Authorities are considering various market regulation options, including the possibility of reducing excise duties or other support measures to ease the burden on consumers.
Meanwhile, experts warn that the current situation in international markets could lead to further price increases in the coming months.
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