Cyprus' House of Representatives has unanimously passed an urgent Ministry of Finance bill, extending reduced excise taxes on motor fuels for an additional two months to support consumers beyond June 2026.

Urgent Legislative Approval

Cyprus' House of Representatives unanimously approved on Thursday a bill extending reduced excise taxes on motor fuels for a further two months.

The amendment was submitted by the Ministry of Finance and was passed under an urgent procedure, receiving all 38 votes cast in the House plenary session.

Extraordinary Committee Review

Before the vote, the House Finance and Budget Committee held an extraordinary meeting to examine the bill and prepare its report.

Prolonged Tax Relief

The legislation extends the current reduced excise tax rates on certain fuel products, which were due to expire on June 30, 2026. The amendment, ensures that the measure will remain in force for an additional two months.

Source: CNA(ΚΥΠΕ)