Disputes over the repayment of funds for the Vasilikos terminal
September 25, 2025
The government is trying to repay €67.2 million to CINEA, related to the Vasilikos terminal. The European mechanism rejected the government’s arguments and requires payment by November 6. There are also concerns about how the process of selecting a new contractor for the projects at Vasilikos will proceed. The likelihood of a legal battle with the EU has been abandoned as it may complicate matters further. The situation remains uncertain with studies scheduled by the French company Technip.