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1. Von der Leyen vows to end Cyprus’s electricity isolation

European Commission President Ursula von der Leyen announced plans to address critical energy bottlenecks, including Cyprus’s limited electricity links to continental Europe....

2. Scandals, short circuits, and citizens paying the price

Whoa! Looks like this week is ending with plenty of suspense. According to Alpha TV, the Anti-Corruption Authority will soon release a report assigning serious responsibility to a former party leader....

3. Cyprus minister calls power cable ‘unsustainable,’ sparking pushback from Athens

Cyprus’ finance minister set off a storm this week after questioning whether a long-delayed electricity link between Cyprus, Greece, and Israel can actually work under current terms....

4. Lawmakers demand faster action on energy storage as costs and uncertainty persist

Last week’s electricity outages have put the government under intense scrutiny, with critics blaming poor management of the country’s power system....

5. Political tug-of-war in Nicosia over €25M power cable payment

A brewing dispute within Cyprus’ government over the Cyprus-Crete electricity interconnection project is turning into a serious political headache just as €25 million is due for disbursement to Greece’s ADMIE, the project operator....

6. Cyprus nears entry into U.S. visa waiver program after resolving key technical hurdles

Cyprus is one step closer to joining the U.S. Visa Waiver Program (VWP) after resolving critical technical issues related to system interconnection with U.S. authorities, according to officials familiar with the matter....

7. 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. ...

8. Cyprus considers electricity bill surcharge to fund €25 million energy project payment

Cyprus is preparing to impose a temporary surcharge on electricity bills to fund a €25 million payment requested by Greece’s Independent Power Transmission Operator (ADMIE) for the Cyprus-Greece electricity interconnection project, energy officials told Parliament on Tuesday....

9. “The right time is coming and it will come soon,” vows Greek Foreign Minister regarding Crete-Cyprus power link

Greek Foreign Minister Giorgos Gerapetritis reaffirmed Greece’s commitment to the Crete-Cyprus electricity interconnection project, stating that it will proceed as planned and “at the right time,” during a recent interview....

10. 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....

11. Cyprus and Israel reach agreement on IMEC electrical interconnection and natural gas development

A key agreement between Cyprus and Israel for an electrical interconnection under the India-Middle East-Europe Economic Corridor project is expected to be finalized later this year....

12. Turkey irked by Greece–Cyprus power cable plans near Karpathos

13. Israel backs Greece-Cyprus electrical interconnection project

Israel has expressed clear, albeit indirect, support for the Greece-Cyprus electrical interconnection project, which will extend to Israel, reaffirming its commitment to regional energy cooperation....

14. 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....

15. Faulty airbags, political theatrics, and a President playing Messi

The faulty airbag saga isn’t going away anytime soon, as car owners across Cyprus (which, let’s be honest, means practically everyone—good luck finding a family without at least one problematic vehicle) are refusing to shoulder the extra costs....

16. €8 million and counting as Crete-Cyprus interconnector delays pile up

The long-awaited electricity interconnection between Crete and Cyprus is facing mounting financial pressure, with delays already adding at least €8 million in extra costs....

17. 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....

18. 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....

19. Cyprus battles Turkey’s recognition push for 'TRNC'

Cyprus’ efforts to secure strong condemnation from the European Union over Turkey's actions to upgrade the status of the self-declared ''Turkish Republic of Northern Cyprus'' (TRNC) have faced significant challenges. ...

20. Concerns from the EIB regarding the electric cable project

Critical questions surrounding the electrical interconnection of Cyprus with the European electricity network through Greece have been raised in a letter from the Chamber of Engineers (ETEK) to the Ministry of Energy....

21. Cyprus’ floating LNG unit 'Prometheus' finally sets sail from Shanghai

After months of delays linked to the Vasilikos scandal, Cyprus' Floating Storage and Regasification Unit (FSRU) 'Prometheus' is finally set to leave Shanghai in early December. ...

22. Cyprus-Israel power study to conclude by early 2025

Subsea surveys for the Cyprus-Greece electricity interconnection project are advancing, with investment developments expected by year-end, ADMIE President and CEO Manos Manousakis announced at the 7th Athens Investment Forum. ...

23. Finance Minister stands firm on economic stability amid rising pressures

In a recent interview with Andreas Kimitris, Cyprus Finance Minister Makis Keravnos spoke candidly about his firm stance on the country’s economic stability. ...

24. Greece rejects six nautical mile concessions with Turkey

Greece has firmly ruled out any compromise on reducing its territorial waters to six nautical miles in its ongoing dispute with Turkey, a senior government official said, dispelling speculation about potential concessions ahead of crucial diplomatic talks....

25. Erdogan reasserts Turkish claims on Cyprus at UN

Turkish President Recep Tayyip Erdogan doubled down on Ankara's territorial claims over Cyprus during his address to the UN General Assembly, further complicating peace efforts aimed at resolving the long-standing Cyprus dispute....

26. 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, ...

27. Christodoulides: Ready for talks ''Anytime, Anywhere''

According to Kathimerini's Yiannis Ioannou, President Nicos Christodoulides expressed his readiness for a trilateral meeting with Turkish Cypriot leader Ersin Tatar and UN Secretary-General Antonio Guterres ''anytime and anywhere'' in a bid to revive stalled Cyprus reunification talks. ...

28. 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......

29. 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....

30. Leaders meet amid concerns over delayed GSI agreement

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....