The agreement is seen as a decisive milestone for the GREGY interconnection, which seeks to transmit 100% clean electricity generated from Egyptian renewables to Europe via mainland Greece.

The €4 billion GREGY project will transmit green energy from Egypt, reducing electricity costs for households and industry starting in 2030

Once complete, the Greece–Egypt Interconnector will carry up to 3,000 megawatts of renewable power from Egypt to Europe via Greece.

Following the leaders' meeting, the first session of the Greece-Egypt High Cooperation Council will take place, seen as a landmark for deepening bilateral relations.

The visit of the President of Egypt to Greece marks the further strengthening of the strategic relationship between Athens and Cairo and solidifies the role of Greece and Egypt as pillars of stability in the Eastern Mediterranean.

The ambitious project (GREGY) involves the laying of an undersea power line connecting Egypt's North Africa coast with the large island of Crete and beyond

The GREGY project aims to bring an underwater cable from Egypt to Greece to transport electricity generated in Egypt, through renewable sources, to Europe

One notable project, called the Great Sea Interconnector, aims to link Greece, Cyprus and Israel via underwater electrical cables

The GREGY project aims to bring an underwater cable from Egypt to Greece to transport electricity generated in Egypt, through renewable sources, to Europe