Cyprus says undersea power cable may need more funding

Energy minister Michael Damianos says the undersea cable project may need more funds. Officials await an assessment to see if costs have risen.

Xurve View

Cyprus may seek additional funding for the €1.9B Great Sea Interconnector project if an upcoming assessment confirms costs have risen. The undersea cable aims to link mainland Europe to Israel via Greece. Cyprus remains the only EU member without a power link to the bloc, leaving it vulnerable to energy isolation.

Funding Challenges for the Mediterranean Link

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