In today’s episode, the Finance Minister announced on Thursday that the state would absorb a sizeable chunk of cost increases in energy to buffer anticipated rises of up to 25 per cent in bills for households and businesses to the tune of €50 million in the autumn. In other news, Greece and Cyprus accused rival Turkey of stoking tensions as Ankara prepared to dispatch a drill ship to the Mediterranean next month in a search for natural gas, and Cyprus ranks 20th among 27 EU member states in the 2022 edition of the Digital Economy and Society Index.

All these stories and more in your Daily News Briefing, brought to you by the Cyprus Mail. For more news updates, visit www.cyprus-mail.com