Nicosia -Athens relations, the Cypriot government’s relations with the Greek government and my relationship with the Greek Prime Minister are stronger than ever, the President of the Republic of Cyprus said today, the President of the Republic of Cyprus said today. Nikos Christodoulidesin the wake of the crisis that occurred yesterday with regard to electrical interconnection cable.
In his statements to reporters, coming to the Limassol Maritime Conference in Limassol, Mr. Christodoulides was asked if there is any crisis in Cyprus -Greece relations on the occasion of ADMEstated:
“Nicosia -Athens relations, the Cypriot government’s relations with the Greek government, my relationship with the Greek prime minister is stronger than ever before.
And I want to send a message: Those who invest in a rupture of the Greek government’s relations with the Cypriot government, my relationship with the Greek Prime Minister, will be disappointed. And to refer to something very recent, they saw writing samples last week. “
He added that “this gives answers to all relevant questions”.
Similar was the message sent by Athens, with government sources noting that “relations between Greece and Cyprus remain undisturbed, regardless of the evolution of the project”.
An extraordinary meeting on the issue was held yesterday afternoon, it became known that the government would soon be positioned on the latest developments.
It had been preceded by the harsh reaction of the President of Cyprus, Nikos Christodoulides, in a report in the newspaper “Liberal”, according to which ADMIE requested the Cyprus regulatory authority (RAEK) to be recognized as the right to recover 251m euros for the project.
It is recalled that RAEK, by its decision in July, has approved a recovery of € 82 million for ADMIE, with the right to collect 25 million for the period January – December 2025. However, the Cypriot side has been set as a condition for the EUR 25 million disbursement for 20 million euros. after Turkey’s reaction.
ADMIE, in his announcement, wanted to deny the report, however, confirming the dimension of views on spending to date. He said, in particular, that he “claims the agreed first installment of 25m euros for 2025, and nothing more about project investment costs (CAPEX), and denies the arbitrary and unstoppable information of the 251m -euro, which is a part of the € 251m, which is a part of the € 1.9m, 35 -year -olds specified depreciation.
The reason that ADMIE, on the basis of its predicted contractual right, requested a revision of the RAEK decision on July 31, 2025, is that the RAEK with this decision did not recognize the expenses made by the manager to date, despite the information it has received and despite the fact that the Greek regulatory authority recognizes them. Specifically, the RAEK recognized only € 82 million, compared to approximately EUR 251 million, which are certified investment costs to date. “
The President of Cyprus, Nikos Christodoulides, raised the tones vertically, stating that “if the head of ADMIE thinks that such letters or paid registrations the Cypriot government is blackmailed, he obviously does not know who he has to do. The Cypriot government is not blackmailed by any ADMIE leaders and the Cypriot government is here to support only the interests of the Cypriot people. This is the clear message to the head of ADMIE. ” He added that “there is a complete understanding and agreement – framework between the Greek and the Cypriot government for this project. Recently in New York we agreed with the Greek Prime Minister on how we are going very specific and, in fact, a relevant announcement was issued. “
Athens’ position that the project will proceed “if the financial details are resolved” shows that there are pending issues and a different approach to them between the two sides. At the same time, Athens has said that the project is important for Cyprus, as it will enhance its energy security and not for Greece.
Source: Skai
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