Cyprus Mail23 Jul 2026

EAC must remain backbone of Cyprus’ energy transition, minister says

The Electricity Authority of Cyprus (EAC) will remain central to the country’s energy transition as the government pushes ahead with investments in electricity networks, energy storage and conventional generation to safeguard security of supply, Energy Minister Michael Damianos said on Thursday.

Addressing the EAC’s presentation of its 30-month review, Damianos described the EAC as a strategic pillar of Cyprus’ energy policy, saying the transition to a cleaner electricity system depended not...

This is a summary. Read the full article at Cyprus Mail.

Read full article

More from Cyprus

All news

Cyprus Mail

Global recorded music sales forecast to reach $56.8bn by 2030

Global recorded-music retail sales are expected to reach $48.3 billion in 2026, marking the 12th consecutive year of annual growth for the industry, according to new forecasts from research firm Omdia. The latest projections show the global recorded-music market continuing its...

today

Cyprus Mail

Euro area banks tighten lending standards further

Euro area banks tightened lending standards again in the second quarter of 2026, while business borrowing picked up slightly and household demand for loans weakened, according to the European Central Bank’s (ECB) latest bank lending survey. The ECB said credit standards, which...

today

Cyprus Mail

EU sets October 2027 deadline for single-day trade settlement shift

The European Securities and Markets Authority (ESMA) has urged financial market participants to accelerate preparations for the European Union’s transition to a T+1 settlement cycle, warning that 2026 will be a decisive year ahead of the change scheduled for October 2027. The ...

today

Cyprus Mail

Global AI rules shift from strategy to enforcement

Effective enforcement mechanisms will be crucial to the credibility and success of artificial intelligence regulation, according to a new Omdia analysis examining AI policies and regulatory frameworks across major global markets. The findings were published in Omdia’s report, ...

today