Greece and Cyprus are moving forward united on the electric grid interconnection – this is Greece’s response to statements by Cypriot Finance Minister Makis Keravnos regarding the project’s implementation progress. Specifically, according to sources from the Ministry of Environment and Energy, both sides agreed on a joint approach for the Cyprus-Greece electrical interconnection, following a meeting between the competent Ministers of both countries, in the presence of Deputy Minister Nikos Tsafos and Cypriot Ambassador Stavros Avgoustidis.
Read: Papastavrou: Electricity prices to remain at September levels in October
According to information released by Greek government sources, discussions focused on limiting public statements, ensuring both countries move forward united, and prioritizing the substantial implementation of this complex project. The joint approach stipulates that contradictory messaging and conflicting statements must be left behind.
Notably, the next day, the Republic of Cyprus published in the Government Gazette the transfer of ownership licenses and management rights to ADMIE (Greece’s transmission system operator), a procedure that had been pending for two years.
Additionally, according to Greek government sources, a teleconference with European Commissioner Jørgensen has been scheduled on the same matter, aimed at resolving the multifaceted technical, financial, and institutional issues accompanying the electrical interconnection implementation.
The same sources emphasize that the Greek side strictly adheres to what was agreed just days ago and is working to avoid setbacks that would burden the project, which already faces challenges due to its complex nature and procedural complexity.
Greece’s position, as stated by government sources, is that cooperation and focus on the project’s substance are prerequisites for its timely and secure completion, setting aside any political tensions or internal disagreements.
