Greece says ambitious Mediterranean power cable project is on track despite setbacks
- The Great Sea Interconnector will be completed as planned, with a budget of 1.9 billion euros , linking Greece, Cyprus, and Israel through a submarine cable.
- Greece's Foreign Minister Giorgos Gerapetritis stated that steps are being taken to overcome obstacles to the project's progress after a meeting with counterparts from Israel and Cyprus.
- The interconnector aims to enhance energy security, integrate renewable energy sources, and reduce reliance on fossil fuels, according to Gerapetritis.
- Despite financial disagreements and maritime boundary disputes, the project remains strategically important for stability in the region, as noted by Gerapetritis.
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Greece says ambitious Mediterranean power cable project is on track despite setbacks
Greece has pledged that a major underwater electricity cable project connecting Greece with Cyprus and Israel by the end of the decade will overcome a series of setbacks and move forward as scheduled.
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