The Trump government shows a strong interest For the Great Sea Interconnector (GSI) electric interface and invest In Israel’s participation SKAI’s analyst Michalis Ignatius pointed out.
The problem with the cable is double: The first issue is the geopolitical risk because of Turkey. Greece was exclusively undertaken, as Greece and Cyprus distributed responsibilities. It is certain that Ankara will react And Athens will be called upon to intervene first diplomatically, but it may also be military, as Nicosia has no Navy, he said.
The second problem is the economic, which Cyprus took 65% to 70%. The project will cost 1.9 billion euros, Brussels will allocate 650m euros, and the rest will be largely undertaken by Cyprus. According to Michalis Ignatius, the President of the Republic of Cyprus Nikos Christodoulides He wants the project, despite the Minister of Finance to the contrary, Maki Keravnou.
It is noted that investigations were initially agreed to start in April, were postponed to July, and due to the anniversaries, a new postponement was decided for September. Each side took on a responsibility, Athens to prevent Turkish danger, and Nicosia from finding most of the funds for national and strategic significance. Brussels are pushing for the project, and most likely will also put pressure on the US, With the Minister of Environment and Energy Stavros Papastavrou also having contacts with Washington officials in Athens.
The Republican Government and the US Secretary of State Mark Rubio they are alleged to be very interested in 3+1 (Trilateral Greece, Cyprus, Israel plus the US).
“The message of Cyprus” ambiguous “
“It is imperative for the Cypriot side to clarify its positions” said the government spokesman on Thursday, Paul Marinakiswho also stressed that “We receive ambiguous messages for the implementation of the project.” Athens has made it clear that it is not going to be burdened with the additional costs and that all parties involved should meet their contractual obligations.
Message to Nicosia sent on Wednesday and Stavros Papastavrou, After the statements of Mr. Keravnou.
Stavros Papastavrou noted on the work of the electrical interconnection that the Greek side has made all the commitments it is.
Asked about Maki Keravnos’ statements, the Minister of Environment and Energy emphasized that they were sending an “ambiguous message” on the course of the work of the electric interconnection: “I read carefully the interview of the Minister of Finance and the truth is that the statements send an ambiguous message”, The Minister of Environment and Energy said characteristically and continued: ‘Raise reasonable questions For a strategic project for Cyprus that will end its energy isolation. “
Stated that “The Cypriot Minister of Finance disputes the financial viability of the project.” Mr. Papastavrou argued that The two studies cited by the Cyprus Finance Minister have not come to Athens’ knowledge.
The question is whether in the given context in Cyprus, the block that had objections from the outset takes on the implementation of this particular energy project and in which a strong role played a strong role. Economic factors active in the energy field on the island and probably consider themselves to be affected by their own interests and investments. Or if it is a tactic to ensure better terms of the Cypriot side participation in the project.
The situation now seems to be further complicated, after revealing that the European Public Prosecutor’s Office is investigating the project, which was confirmed by the Commission’s spokesman for energy issues, Anna Kaiza. More details on this investigation were not announced, with the European Public Prosecutor’s own prosecutor stating that the details cannot be made public, so as not to endanger the outcome of the investigation.
Source: Skai
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