The Great Sea Interconnector (GSI) project, an undersea power cable connecting Greece and Cyprus, appears to be stalling again, despite recent reassurances by PM Mitsotakis and Cypriot President Christodoulides that investors have shown interest in funding it. According to European sources, a videoconference, organized by the Commission as part of its responsibility for the implementation […]

French cable maker Nexans says it is revising the execution schedule for the Great Sea Interconnector linking Greece and Cyprus, while reaffirming its commitment to the landmark energy project

Greece’s power transmission operator faces urgent funding decisions as it advances €7.5 billion in domestic and international grid projects, with global investors circling and the government under pressure to act by mid-January

Greece, Cyprus and Israel—backed by the United States—revive their strategic “3+1” alliance, putting the Great Sea Interconnector, new gas routes and LNG corridors at the heart of a high-stakes agenda discussed by Mitsotakis, Christodoulides and Netanyahu.

As war, energy routes and great-power rivalries reshape the Eastern Mediterranean, Athens, Jerusalem and Nicosia revive their trilateral alliance—sending calibrated messages to Washington while bracing for Ankara’s reaction.

The timing of the proposed meeting is crucial, given the fragile Trump-engineered peace agreement to end the Gaza war, but also because Athens is particularly eager to promote multi-lateral cooperation schemes in the eastern Mediterranean

European Commission’s Energy Commissioner emphasized that the project’s approval as a PCI confirms that its benefits outweigh its costs.

Greece and Cyprus pause their flagship power-interconnection project to re-evaluate costs, hunt for investors, and navigate U.S. interest and Turkish pressure—revealing deep rifts between the two allies over strategy, risk, and the project’s viability.

Speaking at an off-the-agenda debate in Parliament on Thursday on foreign policy issues, PM Kyriakos Mitsotakis referred to an initiative by Athens for a future meeting of Mediterranean states of the wider region

A planned undersea power interconnection between Greece and Cyprus, the infamous "cable," which last week led to the culmination of an unprecedented — at least in the post restoration of democracy era - clash between Athens and Nicosia

Speaking to Cyprus News Agency (CNA), Calviño underlined the Bank’s willingness to back “strategic projects supported by both countries, where both governments remain committed to their development.”

Both sides reiterated their commitment to the ambitious project, officially known as the Great Sea Interconnector (GSI), which is envisioned as first linking Israel's power grid with Cyprus.

The ambitious project to connect Israel with Greece, via Cyprus, with an undersea power cable was up for discussion between the relevant Israeli and Cypriot ministers this week

Greek FM: "There is a protection plan in place, the project is of European interest, and any obstruction will have consequences at the EU level.”

Nicosia explores a potential partnership with the UAE for a €1.9 billion subsea power link connecting Europe to the eastern Mediterranean, amid ongoing delays and a new European investigation

Christodoulides called the project a matter of geostrategic importance while stressing that Nicosia will honor every obligation it has undertaken.

Gerapetritis reiterated Athens’ firm support for the Great Sea Interconnector (GSI) electricity cable project.

The confirmation follows revelations made by top government officials from the Republic of Cyprus, including President Nikos Christodoulides.

The European Public Prosecutor’s Office has launched an investigation into possible criminal offenses linked to the Greece–Cyprus electricity interconnection.

The Greek government plans tax relief for the middle class at the Thessaloniki Fair, while Cyprus questions the viability of a key energy project.