Support Measures for Households and Businesses
March 26, 2026
The President of the Republic, Nikos Christodoulides, announced a package of support measures for households and businesses in response to the crisis in the Middle East. This includes a reduction of VAT on electricity and a zero VAT rate on meat, poultry, and fish. Additionally, the special consumption tax on fuels will be reduced, and workers in the hospitality sector will receive subsidies. Farmers will be subsidized for purchasing fertilizers and agricultural supplies. The total cost of these measures exceeds 200 million euros.