Finance
Greece, Israel sign energy deal for Eastern Mediterranean
Published by Global Banking & Finance Review®
Posted on December 23, 2024
1 min readLast updated: January 27, 2026
Global Banking & Finance Review®
Company
Published by Global Banking & Finance Review®
Posted on December 23, 2024
1 min readLast updated: January 27, 2026
Greece and Israel have signed a strategic energy agreement to enhance regional stability and create a green electricity corridor from Israel to the EU via Greece.
(Reuters) - Greece and Israel signed an agreement to promote regional energy stability and innovative energy projects in the Eastern Mediterranean and the European Union, the Greek Ministry of Environment and Energy said on Monday.
The agreement was signed by Greek Energy Minister Theodoros Skylakakis and his Israeli counterpart Eli Cohen, during the latter's visit to Greece, it added.
"The creation of a 'green' electricity corridor from Israel to the EU via Greece will be a project of strategic importance for the Eastern Mediterranean region," the Greek minister said in a statement.
(Reporting by Antonis Pothitos; Editing by Alison Williams)
The main topic is the energy agreement between Greece and Israel aimed at promoting regional energy stability and creating a green electricity corridor to the EU.
The agreement is strategically important for the Eastern Mediterranean region, enhancing energy cooperation and stability.
The agreement was signed by Greek Energy Minister Theodoros Skylakakis and Israeli Energy Minister Eli Cohen.
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