‘Expensive electric energy will be cheaper’

Published on 29 May 2013 at 09:57

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As of July 1, electricity prices in Warsaw and northern Poland will drop by 4 per cent in an effort to boost consumption after the economic slowdown has driven down demand. “It is high time, as prices as a proportion of our disposable household income is one of the highest in the EU,” writes Gazeta Wyborcza.

Cypriot residents spend the largest proportion of their disposable household income buying electricity, followed by Poland and Germany in joint second place, according to a Eurostat report examining data throughout the EU.

“This disproportion is mainly due to the fact that Poland is one of the poorest countries in the EU,” notes the daily, stressing that nominal prices in Poland are still lower than the EU average.

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