Greece and Cyprus to update Great Sea Interconnector project

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Greek Prime Minister Kyriakos Mitsotakis and Cypriot President Nikos Christodoulides have agreed to update the financial and technical parameters of the Great Sea Interconnector, a major electricity cable project linking Cyprus to the European grid.

The agreement followed talks in Athens on Wednesday during the 3rd Intergovernmental Greece–Cyprus Conference.

Mitsotakis said both nations “remain committed to peaceful cooperation in a time of uncertainty,” describing Greece and Cyprus as “pillars of stability.”

“The new circumstances make the added value of interconnectivity projects already underway even more significant,” he said.

“We are proceeding with the immediate update of the financial and technical parameters of the cable link, so that it may be strengthened by the participation of new, strong investors.”

Christodoulides called Cyprus’ ties with Greece “brotherly,” adding that both countries were focused on advancing projects with “economic and geopolitical impact.”

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