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12° Nicosia,
09 February, 2025
 

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Displaying results 1-19 of 19 matches for query submarine cable.

1. €8 million and counting as Crete-Cyprus interconnector delays pile up

https://knews.kathimerini.com.cy/en/news/€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....

2. The Vatican, politics, and our underwater cable: A humorous take on Cyprus life

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....

3. NATO surrounds Chinese ship over undersea cable sabotage

https://knews.kathimerini.com.cy/en/news/nato-surrounds-chinese-ship-over-undersea-cable-sabotage

Authorities are investigating the deliberate cutting of two undersea internet cables connecting Finland and Sweden to Central Europe last week, suspecting sabotage by a Chinese cargo vessel. ...

4. Two key undersea communication cables cut in Baltic Sea

https://knews.kathimerini.com.cy/en/news/two-key-undersea-communication-cables-cut-in-baltic-sea

Two important undersea communication cables in the Baltic Sea were cut recently, and it looks like it was done on purpose. ...

5. Emergency meeting to address progress on LNG and GSI projects

https://knews.kathimerini.com.cy/en/news/emergency-meeting-to-address-progress-on-lng-and-gsi-projects

The Cyprus Parliamentary Energy Committee will hold an emergency meeting on Wednesday morning to review updates on two key projects......

6. No progress on Cyprus-Greece electricity interconnection project

https://knews.kathimerini.com.cy/en/business/no-progress-on-cyprus-greece-electricity-interconnection-project

No progress was made on the Cyprus side's position regarding the Crete-Cyprus electricity interconnection project during yesterday's teleconference, initiated by the European Commission and involving stakeholders from Greece and Cyprus....

7. Great Sea Interconnector study outlines benefits July 11

https://knews.kathimerini.com.cy/en/news/great-seat-interconnector-study-outlines-benefits-july-11

The Greek Regulatory Authority for Energy (RAAEU) has made a significant decision regarding the methodology for calculating the regulated revenue......

8. Eurobank eyes support for internet cable connecting Europe and Asia

https://knews.kathimerini.com.cy/en/business/eurobank-eyes-support-for-internet-cable-connecting-europe-and-asia

Eurobank, initially hesitant about financing the East to Med Data Corridor (EMC) cable system, is now contemplating entering the second round of funding for the mega project....

9. Cyprus emerges as key hub for EMC project with $300 Million Funding

https://knews.kathimerini.com.cy/en/news/cyprus-emerges-as-key-hub-for-emc-project-with-$300-million-funding

The EMC cable aims to connect Europe with Saudi Arabia, with construction slated to begin in the summer of 2024...

10. Cyprus considers participation in Great Sea Interconnector project

https://knews.kathimerini.com.cy/en/news/cyprus-considers-participation-in-great-sea-interconnector-project

In today's session of the Council of Ministers, the discussion continues on the proposal jointly submitted by Minister of Energy, Commerce, and Industry, George Papastasiou, and Minister of Finance......

11. Houthi threats target Red Sea internet backbone

https://knews.kathimerini.com.cy/en/news/houthi-threats-target-red-sea-internet-backbone

Telecom companies affiliated with the UN-recognized Yemeni government expressed concerns on Sunday over potential sabotage plans by Houthi rebels targeting a network of submarine cables in the Red Sea....

12. The EuroAsia saga continues

https://knews.kathimerini.com.cy/en/news/the-euroasia-saga-continues

In a statement to ''K'' news, the European Commission expressed its appreciation for the recent signing of the cable purchase agreement for the EuroAsia Interconnector....

13. EuroAsia Interconnector secures record-breaking contract

https://knews.kathimerini.com.cy/en/business/euroasia-interconnector-secures-record-breaking-contract

Paris-based Nexans will undertake the construction and installation of the High Voltage Direct Current (HVDC) Cable Systems, marking a significant milestone in the EuroAsia Interconnector project. ...

14. China accused of cutting internet to Taiwan

https://knews.kathimerini.com.cy/en/news/china-accused-of-cutting-internet-to-taiwan

China has been accused of cutting the internet to one of Taiwan's outlying islands as part of its latest intimidation tactic to force reunification....

15. CYTA expects €400 million in revenue this year

https://knews.kathimerini.com.cy/en/business/cyta-expects-€400-million-in-revenue-this-year

Deputy Chairman of the Committee Chrysis Pantelides told CYTA after discussing the organization's budget for 2023 that CYTA is a very good example of a profitable and robust semi-governmental organization that should remain in the ownership of the state so that the public and society at large reap these important benefits....

16. Ending Cyprus' energy isolation

https://knews.kathimerini.com.cy/en/news/ending-cyprus-energy-isolation

After the discovery of energy resources in the Cypriot EEZ, the start of construction of the Cyprus-Crete electricity cable can be considered a high point in Cyprus' energy affairs. For the first time in its history, the Republic of Cyprus will join Europe's energy system, with all that entails for the country's security....

17. 'I had warned them that the Turks were getting ready'

https://knews.kathimerini.com.cy/en/news/i-had-warned-them-that-the-turks-were-getting-ready

It wasn't a matter of instinct, he didn't accidentally smell impending danger. The facts spoke for Alexandros Simioforidis and he could not ignore them. ...

18. EuroAsia secures EU funds for Cyprus but Israel left out

https://knews.kathimerini.com.cy/en/news/euroasia-secures-eu-funds-for-cyprus-but-israel-left-out

Cypriot Energy Minister Natasa Pilides has welcomed the approval the approval of EU funds for the EuroAsia Interconnector, but the money is not enough for the submarine cable to reach Israel...

19. K. Treppides & Co Ltd: Renewed European finance strategy and implementation of the action plan on financing sustainable growth

https://knews.kathimerini.com.cy/en/business/k-treppides-co-ltd-renewed-european-finance-strategy-and-implementation-of-the-action-plan-on-financing-sustainable-growth

The European Commission adopted on 21 April 2021, a comprehensive package of measures to help improve the flow of money towards financing the transition to a sustainable economy, whereas these measures will be instrumental in reaching climate and environmental targets as well as vital for economic recovery from the COVID-19 pandemic. ...

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