Limited power outages in Cyprus amid protest

Workers at Cyprus’s main electricity company briefly shut the power supply to several areas in the bailed-out country on Tuesday to protest government plans to privatize the state-owned utility.

Demetris Constantinou, union chief at the Electricity Authority of Cyprus, said outages lasted between 30 to 45 minutes in the morning. He said union leaders would meet later to decide whether to step up industrial action.

The outages are part of a three-day protest against legislation aimed at privatizing the EAC, as well as the country’s telecommunications and ports authorities.

The government has pledged to international lenders to approve the legislation by March 5.

Under Cyprus’s 10-billion-euro international bailout agreement reached last year, the government must raise some 1.4 billion euros from such privatizations. [AP]