5 Minute News

Disagreements in the Electricity Authority Board Over Supply Adequacy and Financial Issues

May 20, 2025

The situation at the Electricity Authority is complicated following the statements from the union president, which sparked reactions from the board and the unions. Disagreements over electricity supply adequacy and cost recovery may lead to protests from labor organizations. The Authority is considering a price increase to cover its costs while planning to secure a new loan from the European Investment Bank. Recent developments indicate escalating tensions and financial challenges for the Electricity Authority.