https://knews.kathimerini.com.cy/en/news/will-the-cyprus-greece-cable-ever-happen
The Great Sea Interconnector (GSI), which is the undersea electricity cable connecting Cyprus to Crete and eventually mainland Greece, was once presented as a game-changing project that could end Cyprus’ energy isolation, stabilize the island’s electricity network and potentially lower power bills for consumers....
https://knews.kathimerini.com.cy/en/news/kathimerini-exclusive-ursula-von-der-leyen-on-europe-s-challenges-energy-strategy-and-the-cyprus-issue
Outlining the main challenges facing the European Union during a period of rising geopolitical uncertainty and energy pressure, the President of the European Commission says the answer lies in unity, faster progress on the energy transition, and a stronger international role....
https://knews.kathimerini.com.cy/en/business/cyprus-and-greece-seek-eib-backing-for-gsi-power-link
The relevant ministries in Cyprus and Greece are moving ahead with implementing the decision of Nikos Christodoulides and Kyriakos Mitsotakis to update the financial data for the electricity cable project known as GSI....
https://knews.kathimerini.com.cy/en/business/eu-toolbox-to-curb-energy-prices-support-for-all-27-member-states
Brussels is preparing action on four fronts, working closely with Berlin and Paris, with the goal of keeping energy prices under control across the EU’s 27 member states as concerns grow about a renewed crisis in the Middle East....
https://knews.kathimerini.com.cy/en/comment/opinion/does-war-create-opportunities-for-the-economy
The ever-increasing duration of military operations in Iran shows no sign of ending anytime soon unless the United States and Israel choose to step back. While that option is at least being considered in Washington, along with the search for a pretext, it appears inconceivable in Israel to retreat from what it has framed as its own ''mother of all battles.''...
https://knews.kathimerini.com.cy/en/business/deep-sea-test-clears-key-hurdle-for-greece–cyprus-power-link
Nexans has announced the successful completion of a critical sea trial for the submarine power cables that will be used in the Great Sea Interconnector (GSI), the planned electricity link between Greece and Cyprus. ...
https://knews.kathimerini.com.cy/en/comment/opinion/the-president-s-band-aid-solutions
The President, in the so-called State of the Union, was less pompous than in previous years and attempted to highlight the three areas society records as positives for the government and for himself. Once again, he lined up secondary measures, band-aids, to treat deep-rooted pathologies that require radical therapies....
https://knews.kathimerini.com.cy/en/news/cyprus-greece-and-israel-strengthen-strategic-axis-at-jerusalem-trilateral-summit
Cyprus, Greece and Israel took another step toward closer coordination on Monday, reaffirming their strategic partnership during a trilateral summit held in Jerusalem against the backdrop of mounting geopolitical pressures in the Eastern Mediterranean ....
https://knews.kathimerini.com.cy/en/news/cyprus-steps-up-as-natural-ally-to-the-us-in-a-shifting-region
Cyprus is offering itself as a ''natural ally'' to the United States, Foreign Minister Konstantinos Kompos told ''K'' following his meeting at the State Department with US Secretary of State Marco Rubio....
https://knews.kathimerini.com.cy/en/news/u-s-eyes-role-in-reviving-cyprus-greece-electricity-link
New developments suggest that U.S. investors may play a bigger role in the stalled electricity interconnection between Cyprus and Greece, known as the Great Sea Interconnector (GSI), potentially reshaping the project’s economic and geopolitical landscape....
https://knews.kathimerini.com.cy/en/comment/opinion/prison-ceos-and-billion-euro-blunders
We’re the only country where prisoners run legitimate business ventures, and we even pay guards to watch over them and give extra ''security'' for their little enterprises. ...
https://knews.kathimerini.com.cy/en/comment/opinion/history-repeats-itself-as-a-travesty
In the late 1980s and early 1990s, the internet revolution was just beginning, and every country was racing to connect through data cables. Cyprus decided it did not want those cables to have a landing point here to protect Cyta’s monopoly....
https://knews.kathimerini.com.cy/en/news/christodoulides-he-clearly-doesn-t-know-who-he-s-dealing-with
A new round of tension has erupted between Athens and Nicosia over the ambitious undersea electricity cable meant to connect Greece, Cyprus, and Israel, known as the GSI Interconnector, after a report suggested Greece’s power grid operator had challenged a funding decision by Cyprus’s energy regulator....
https://knews.kathimerini.com.cy/en/business/finance-minister-warns-gsi-project-may-be-infeasible-making-its-funding-risky
Finance Minister Makis Keravnos has raised concerns about the GSI electricity interconnection project, saying there is a risk if the government provides funding. He added that some studies suggest the project may not be viable....
https://knews.kathimerini.com.cy/en/comment/opinion/papacharalambous-elam-and-charley-kirk
Andreas Papacharalambous, former mayor of Strovolos and a close friend of the President, Nikos even introduced his book presentation recently, announced his candidacy on Thursday … drums and suspenseful music, please… under ELAM....
https://knews.kathimerini.com.cy/en/news/cyprus-eu-discuss-doubling-border-security-support-ahead-of-presidency
Cyprus Finance Minister Makis Keravnos and EU Commissioner Piotr Serafin met Thursday to discuss border protection and Cyprus’ upcoming EU Council Presidency....
https://knews.kathimerini.com.cy/en/news/greece-to-cyprus-make-up-your-mind-on-energy-link
Greece is pressing Cyprus to make up its mind about a major electricity project linking the island to Greece and Israel, after Cypriot Finance Minister Makis Keravnos publicly questioned whether the multibillion-euro plan is financially viable....
https://knews.kathimerini.com.cy/en/business/deadlock-persists-over-crete–cyprus-power-cable-as-funding-deadline-nears
Tensions are mounting over the Crete–Cyprus electric interconnection (GSI) as a regulatory impasse resurfaces just weeks before a critical August funding deadline. ...
https://knews.kathimerini.com.cy/en/business/eu-pressures-cyprus-over-stalled-power-cable-project
The European Commission is stepping up pressure on Cyprus to approve cost recovery measures for the stalled Great Sea Interconnector (GSI) electricity cable, amid mounting tensions between Nicosia and Athens over the ambitious but delayed project....
https://knews.kathimerini.com.cy/en/news/israel-quietly-steps-back-from-great-sea-interconnector-project
Israel appears to be backing away from a major energy project that was once seen as a symbol of Mediterranean cooperation, focusing instead on a smaller-scale power connection with Cyprus alone....
https://knews.kathimerini.com.cy/en/news/finance-minister-doubts-future-of-cyprus-greece-interconnector-project
Finance Minister Makis Keravnos said on Tuesday that he is not particularly optimistic about the Great Sea Interconnector (GSI) electricity interconnection project with Greece, especially while there are still serious political obstacles posed by Turkey....
https://knews.kathimerini.com.cy/en/news/prometheas-anchored-in-malaysia-for-inspections
The LNG tanker ETYFA-Prometheas is currently stationed in the Malacca Strait, Malaysia, undergoing technical inspections, according to Energy Minister George Papanastasiou....
https://knews.kathimerini.com.cy/en/news/exxonmobil-to-begin-drilling-in-cyprus-eez-in-january-2025
ExxonMobil’s drilling rig is set to begin operations in Cyprus’ Exclusive Economic Zone (EEZ) in mid-January 2025, according to Energy Minister George Papanastasiou. The rig will target the "Electra" site in Block 5, with the drilling process expected to last approximately one month....
https://knews.kathimerini.com.cy/en/business/cyprus-risks-losing-grip-on-interconnector-amid-french-power-move
A reported agreement between Greece’s ADMIE and French investment fund Meridiam could alter the energy landscape of the Eastern Mediterranean, especially for Cyprus....
https://knews.kathimerini.com.cy/en/comment/opinion/the-vatican-politics-and-our-underwater-cable-a-humorous-take-on-cyprus-life
I read it, and I couldn’t believe my eyes. The Vatican is facing serious financial problems....
https://knews.kathimerini.com.cy/en/news/french-investment-powers-up-cyprus-greece-electricity-link-with-€1-9b-deal
A significant agreement has been reached for the long-anticipated Cyprus-Greece electricity cable project, led by ADMIE, Greece's power grid operator. This project, which aims to connect the power grids of Cyprus and Greece, has secured new funding and a strategic partner....
https://knews.kathimerini.com.cy/en/news/amendment-introduced-to-share-geopolitical-risks-equally-on-gsi
Late last night, Greece's Ministry of Environment and Energy introduced an important amendment that aims to share the geopolitical risks equally between Greece and Cyprus for the Great Sea Interconnector, ...
https://knews.kathimerini.com.cy/en/news/uae-s-taqa-looks-to-invest-in-cyprus-greece-electricity-project
A delegation of the United Arab Emirates (UAE) state-owned company TAQA, led by its CEO, Dr. Afif Saif Saif Al Yafei, reaffirmed its strong interest in participating in the GSI Cyprus-Greece electricity interconnection project, during a meeting......
https://knews.kathimerini.com.cy/en/news/cera-approves-€125m-for-cyprus-crete-power-link
The Cyprus Energy Regulatory Authority (CERA) has approved an annual investment recovery of €25 million for the Cyprus-Crete electricity interconnection project, also known as the Great Sea Interconnector (GSI), covering the period from January 1, 2025, to December 31, 2029....
https://knews.kathimerini.com.cy/en/business/leaders-meet-amid-concerns-over-delayed-agreement-on-gsi
A summit meeting between Greek Prime Minister Kyriakos Mitsotakis and Cypriot President Nikos Christodoulides is set for Thursday, amid growing tensions over the future of the electricity interconnection project between Crete and Cyprus....
