Cyprus prepares new cost-of-living measures as diesel price nears €2 per liter

The Finance Ministry is preparing additional cost-of-living measures for approval by the Council of Ministers, but no details have been released on what the package will include, how much it will cost, who will qualify or when relief will begin. Diesel was averaging around €1.95 a liter on Sept. 21, with prices at some petrol stations already passing the €2 mark, while Brent crude stayed close to $105 a barrel as the Middle East conflict pushed up international energy prices. For households in Cyprus, filling a 50-liter diesel tank now costs close to €100, before higher transport costs work through the rest of the economy.