Cyprus extends fuel tax cut of 8.33 euro cents per liter until November 30

Cyprus’s Council of Ministers approved extending the excise duty cut of 8.33 euro cents per liter on petrol and diesel until November 30, 2026. It was originally due to expire on September 17. Finance Minister Makis Keravnos said the measure is intended to continue supporting households and businesses while fuel prices remain high. The Finance Ministry will continue monitoring international energy price trends.