5 Minute News

Negotiations for Cypriot Government Participation in the Great Sea Interconnector

September 16, 2024

The Cypriot and Greek governments are negotiating the participation of the Cypriot state in the share capital of the Great Sea Interconnector. The decision on purchasing shares is expected to be made after evaluations from foreign firms. Despite the pressure, the Cypriot side wants to ensure the investment's viability before making any commitments. Decisions are anticipated soon from the Council of Ministers.