5 Minute News

Financial Obligations of ADMIE and RAEK

December 27, 2025

The Cypriot government and ADMIE are facing financial obligations that need to be settled. ADMIE is claiming 19 million euros from regulatory authorities due to delays in maritime surveys. RAEK is considering whether to burden Cypriot consumers with this amount. Additionally, there are pending operational costs of over 10 million euros for ADMIE. Other payments related to the EuroAsia Interconnector are also being evaluated.