Costas Costa criticizes market oversight and fuel pricing
On September 17, 2026, Costas Costa addressed critical issues regarding market oversight and consumer protection during the Press Cafe program hosted by Lemesos Media Group. Costa expressed significant dissatisfaction with the relevant authorities' failure to curb price increases and what he described as profiteering, particularly within the fuel sector.
Highlighting findings from an Audit Office report, Costa revealed that he had submitted formal complaints and supporting evidence concerning fuel pricing. Although the case was referred to the Commission for the Protection of Competition, he criticized the lack of adequate response or effective action taken by the body. Furthermore, he examined the agricultural supply chain, pointing out the vast disparity between the prices producers receive for their goods and the final retail prices paid by consumers.
This criticism follows broader concerns regarding government accountability ahead of the upcoming presidential elections and the ongoing national discourse on the Cyprus problem. Costa’s statements underscore a perceived failure to protect citizens from market volatility, calling for more robust regulatory interventions and transparency to ensure fair pricing for both producers and final consumers.