**Title: MEP Fidias Panayiotou Threatens Hunger Strike Over Electricity VAT Concerns**
**Date: September 7, 2026**
In a bold move, Member of the European Parliament (MEP) Fidias Panayiotou has announced his intention to initiate a hunger strike outside the Presidential Palace if the value-added tax (VAT) on electricity is reverted to 19%. This declaration comes as part of his ongoing campaign to reduce electricity prices in Cyprus.
In an interview with Sigma, Panayiotou outlined his proposal aimed at lowering electricity costs by 20%. Central to his plan is the maintenance of the current VAT rate on electricity at 5%, which he argues could facilitate a significant reduction in electricity prices. He highlighted that other European nations, such as Greece and Malta, successfully implement lower VAT rates on electricity, suggesting that Cyprus could follow suit.
Panayiotou expressed his strong conviction that the VAT on electricity should remain at 5%, stating, “Electricity has to stay at 5%.” He is adamant about his stance and has no plans to withdraw his proposal, despite facing skepticism from various experts who have indicated that his suggestions may not be feasible.
The MEP's commitment to this issue underscores the broader concerns regarding energy costs in Cyprus, which have been a significant topic of discussion among policymakers and the public alike. His proposed hunger strike serves as a dramatic statement of his dedication to advocating for lower electricity prices and his willingness to take personal risks to draw attention to the matter.
As the debate over energy pricing continues, Panayiotou's actions may influence public opinion and prompt further discussions among government officials regarding VAT rates and their impact on consumers. The outcome of his campaign and the potential for a hunger strike will be closely monitored by both supporters and critics in the coming days.
This situation reflects ongoing challenges in energy policy and consumer protection in Cyprus, as residents grapple with the implications of rising electricity costs. Panayiotou's stance adds a significant voice to the conversation, emphasizing the need for effective solutions to alleviate financial burdens on citizens.