5 Minute News

Government Hesitates to Approve Cyprus-Crete Electricity Interconnection

September 5, 2024

The Greek government is hesitant to approve the agreement for the electricity interconnection between Cyprus and Crete, despite an initial agreement made on Monday. The Cabinet meeting was postponed, and ministers did not address the issue as they seek clarifications. The government plans to conduct an urgent reassessment of the project's benefits for consumers. Decisions will be based on these clarifications to ensure that electricity bills are not adversely affected.