European Recovery and Resilience Fund

The Board of Directors of the Electricity Authority of Cyprus (EAC) has granted the contract for 400,000 smart electricity meters to telecommunications market leader Cyta, following pressure from the Energy Regulatory Authority and in compliance with European Union Recovery Mechanism obligations.

Greek economic growth will remain robust, with real GDP growth projected at 2.2% in 2023 and 1.9% in 2024, according to the Paris-based Organization for Economic Cooperation and Development (OECD).

Ljubljana – The Economy Ministry has put forward a bill amending the investment promotion act to shift emphasis from labour-intensive to capital-intensive investments for green transition. The bill will make it possible to draw EUR 88.5 million in incentives from the European Recovery and Resilience Fund.