Published by Global Banking & Finance Review®
Posted on March 13, 2025
1 min readLast updated: January 24, 2026
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The Greek foreign minister confirms the subsea power link to Cyprus will proceed, connecting Europe to the East Mediterranean, despite reports of delays.
ATHENS (Reuters) - A project on a subsea power cable to link continental Europe to the East Mediterranean will materialise, Greek foreign minister said on Thursday after meeting his Israeli and Cypriot counterparts.
Media reports earlier this week suggested that the project had stalled over territorial differences.
Greek power grid operator IPTO is building the Great Sea Interconnector (GSI) cable, which will link transmission networks of Europe to Cyprus. It will later stretch to Israel through the Mediterranean Sea.
(Reporting by Lefteris Papadimas, Angeliki Koutantou and Karolina Tagaris)
The Greek foreign minister stated that the subsea power cable project linking continental Europe to the East Mediterranean will materialize.
Media reports indicated that the project had stalled due to territorial differences.
The Greek power grid operator IPTO is constructing the Great Sea Interconnector cable to connect Europe and Cyprus.
The Great Sea Interconnector will eventually extend to Israel through the Mediterranean.
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