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smart meter regulatory challenges

Smart Meter Rollout Challenges Amidst Financial Constraints

Cyprus faces challenges in the smart meter rollout due to legal setbacks and financial constraints. The Electricity Authority of Cyprus (EAC) is striving to modernize energy consumption by procuring 50,000 smart meters to meet European Commission obligations and empower consumers with precise billing and energy data.

economic evaluation real estate developments

Cyprus Business Now

The 16th evaluation of Cyprus’ postmemorandum economic condition will delve into public finances, economic prospects, and challenges facing the economy, focusing on the financial sector’s health and conditions based on 2023 outcomes. Meanwhile, the Central Bank of Cyprus is gearing up to lead the Global Money Week campaign next March to promote financial literacy among the youth worldwide.

road safety traffic camera system

Larnaca Expands Traffic Camera System

Larnaca has expanded its traffic camera system by installing 18 new cameras at key intersections to monitor and deter traffic violations. This initiative aims to promote a culture of compliance and safety among drivers, reflecting the city’s dedication to the welfare of its residents and visitors.

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