SUNDAY, 24 MAR 2019

 

CONNECT

Facebook Linked In Twitter
GAP_Group_2018_728x90px
GloriaJeans_266x90px
IMH LTD

Perdios: Sports Tourism Should be an Integral part of Cyprus’ Tourist Product

Cyprus and Portugal to Enhance Cooperation in Maritime Transport

IMH LTD
PwC_Twitter_21/03-28/03_468x60px

POLITICS

brought to you by Deloitte

Cyprus Complies with EC Energy Directive

Cyprus Complies with EC Energy Directive

Cyprus is one of just five EU countries which has fully transposed the European Commission’s new Energy Efficiency Directive.

 

The deadline for complying with the directive was designated as June 5, and the EC reports that only Cyprus, Italy, Denmark, Malta and Sweden complied accordingly.

 

Through the directive, the European Commission proposes a higher and achievable energy savings target for 2030.

 

“New opportunities for European businesses, affordable energy bills for consumers, increased energy security through a significant reduction of natural gas imports and a positive impact on the environment: these are some of the expected benefits of the energy efficiency target for 2030 put forward,” the Commission said. 

 

“The proposed target of 30% builds on the achievements already reached: new buildings use half the energy they did in the 1980s and industry is about 19% less energy intensive than in 2001.”

 

The proposed target goes beyond the 25% energy savings target, which would be required to achieve a 40% reduction of CO2 emissions by 2030. 

 

The Communication on energy efficiency and its contribution to energy security and the 2030 framework also reviews progress towards the European Union’s 20% energy efficiency target for 2020. 

 

The EU is currently forecast to achieve energy savings of 18%-19% in 2020; however, the agreed target of 20% can only be reached if all EU countries fully implement the already agreed legislation. 

MORE ON POLITICS

Anastasiades to Participate in European Council Summit

President of the Republic Nicos Anastasiades departs for Brussels on March 21, to ...

Commissioner Avramopoulos Visits Cyprus

Commissioner for Migration, Home Affairs and Citizenship Dimitris Avramopoulos will be in ...

Anastasiades Promises to Maintain Fiscal Discipline and Promote Structural Reforms

Cyprus President Nicos Anastasiades has promised that the government will comply with EU ...

FROM AROUND GOLDNEWS

   

Monaco International Luxury Property Expo 2019

The Monaco International Luxury Property Expo 2019, the world’s central B2C exhibition for upscale international real estate, will be held 15-16 May 2019 ...
   

PwC’s 4th Twitter Tax Cast to Provide Information on Cyprus’ Tax System

Business executives and the general public will have the opportunity to receive important information and also submit questions live on Twitter to PwC experts, ...
   

Fitch Upgrades Hellenic Bank to 'B+' and Affirms Bank of Cyprus at 'B-'

Fitch Ratings has upgraded Hellenic Bank Public Company Limited`s (HB) Long-Term Issuer Default Rating (IDR) to `B+` from `B` and Viability Rating (VR) to `b+` ...
   

Cyprus and Portugal to Enhance Cooperation in Maritime Transport

Cyprus and Portugal have underlined their wish to further enhance their cooperation in the sector of maritime transport during an official visit by Deputy ...
   

Perdios: Sports Tourism Should be an Integral part of Cyprus’ Tourist Product

Deputy Ministry for Tourism will work to render sports tourism an integral part of Cyprus’ tourist product, Deputy Minister Savvas Perdios has said on ...
   

British High Commission Continues to Support Innovation in Cyprus

Over recent months the British High Commission has supported a series of Innovation Workshops delivered by the Northern Ireland Cooperation Overseas (NICO) in ...
   

Infocredit Supports Boot-Camp Entrepreneurship-PEAK Up Your Success at EUC

Infocredit Group, committed in supporting innovation and youth entrepreneurship, was among the sponsors of the Boot-Camp Entrepreneurship-PEAK Up Your Success ...
   

Promoting Cyprus at the MIPIM International Property Exhibition in Cannes

Invest Cyprus (the Cyprus Investment Promotion Agency), accompanied by leading Cypriot companies active in the professional services and real estate ...
 

YOUR COMMENTS

HEADLINES

MOST POPULAR

Deloitte_2016_300x250px
Gold_Digital_Edition_300x250px

IMH LTD