Energy Minister, George Papanastasiou, announced the Cabinet’s approval of a new legislative proposal aimed at regulating bottled water prices.
The proposed legislation, which will be forwarded to Parliament, seeks to establish a price ceiling for bottled water sold at select retail outlets.
This initiative addresses concerns over exorbitant pricing observed in certain locations lacking competitive water sales, Papanastasiou said.
Under the bill, crafted by the Consumer Protection Service, a price cap will be introduced for 500 ml and 750 ml bottled water packages, irrespective of their refrigeration status, as well as for drinking water served in cups.
This measure extends to self-service, ensuring consumers who purchase water without using sit-down service areas are also protected.
Moreover, the Minister is empowered through this bill to designate specific products and retail points for the application of this price cap.
The proposed legislation also mandates the enforcement of maximum pricing at locations such as airports, ports, sports facilities, enclosed beaches, theatres, cinemas, archaeological sites, and museums.
In addition to setting price limits, the draft legislation outlines provisions for periodic revisions of these caps and applicable locations through ministerial decrees, to ensure that the bill remains responsive to market changes.
The bill also introduces a framework for imposing administrative penalties on entities found in breach of these regulations.
