Today: February 23 2019
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Lakkotripis: "Rising fuel prices seems reasonable"

Lakkotripis: "Rising fuel prices seems reasonable"

Tags: Cyprus, Fuel, Prices, Economics

"The recent rise in fuel prices seems reasonable, and therefore no intervention is required," Energy Minister Yorgos Lakkotripis said.

Lakkotripis rejected the proposal to issue a decree providing a temporary price ceiling.

For their part, ministry officials said that market monitoring data show that price increases are within justified limits.

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