The Movement for Social Democracy (EDEK) has issued a statement demanding the state intervene to curb the unreasonable increase in the retail price of fuel.
EDEK said that, while the cost of fuel has declined by 10% abroad since July 9, Cyprus saw the price rising instead.
“According to the Fuel Retail Price Observatory in June 2019 the average price of unleaded 95 was €1.1193 per litre, whereas today it stands at €1.227,” the statement said.
“The unreasonable increase reaffirms EDEK’s position from last year, when it was the only party that had asked the government to donate €45 million in order to help the most vulnerable parts of the population.”
Read more
https://in-cyprus.com/consumers-association-retail-price-of-petrol-up-10-3-cent-per-litre-since-mid-january/
