5 Minute News

Concerns About Cyprus's Participation in the Great Sea Interconnector

December 16, 2024

The legal study by the American firm Curtis warns of the risks Cyprus faces by participating in the Great Sea Interconnector investment project. The terms proposed by ADMIE are deemed unsatisfactory for attracting serious investors. If the Cypriot government proceeds with its participation, it risks facing political backlash. A significant condition is the dramatic reform of the concession agreement.