Greek Prime Minister Kyriakos Mitsotakis and Cypriot President Nikos Christodoulides agreed on Wednesday to update the financial and technical parameters of the Great Sea Interconnector, a major electricity cable project linking Cyprus to the European grid, following talks in Athens.

Speaking to journalists after their meeting at the Maximos Mansion, held as part of the 3rd Intergovernmental Greece-Cyprus Conference, Mitsotakis said Athens and Nicosia “remain committed to peaceful cooperation in a time of uncertainty. We are pillars of stability.”

“The new circumstances make the added value of interconnectivity projects already under way even more significant,” Mitsotakis said. “These are projects with a national dimension but also with a broader geopolitical footprint. We are proceeding with the immediate update of the financial and technical parameters of the cable link, so that it may be strengthened by the participation of new, strong investors.”

Christodoulides described Cyprus’s ties with Greece as “brotherly,” adding that both countries shared the goal of advancing projects with economic and geopolitical impact. “We agreed on the need to update the financial and technical parameters for projects such as those related to connectivity,” he said.

Source: Εkathimerini.com