“The project, Great Sea Interconnector (GSI), remains of the highest political and strategic importance for the European Commission and do everything within our capabilities to ensure that this project will be implemented,” said Anna Kaiza, a spokesman for the Energy Commission.

In a question he received at the established press conference, she explained the reasons that the work is important for the committee saying that “It is absolutely crucial to put an end to Cyprus’s energy isolation” and in addition “Once implemented, it will allow the incorporation of increased quantities of renewable energy into the system, which will eventually lead to lower energy prices for the benefit of businesses, companies and consumers in the region.”

Citing financing Mrs. Kaiza stressed that she’s gone through all the stages needed to get the green light and therefore the Commission is in constant contact with those involved for its implementation.

As he said, ‘It has the status of the project of common interest (PCI) and has received funding over the years from our various mechanisms “and” before this project is eligible for EU funding, it has gone through quite rigorous control by the Commission, by the project bodies, because it must of course prove its financial viability. This project has been implemented for several years and we would like to see its completion as soon as possible. We are in touch with the implementing body, the regulators, the national authorities, and of course we invite all parties involved to honor their commitments. “ in order to “Really to put an end to Cyprus’s energy isolation and to do something very specific, too specific to reduce energy prices in the region.”

OR itself confirmed that the European Public Prosecutor’s Office is investigating the projectwhich was also known by the President of the Republic of Cyprus Nikos Christodoulides, saying that “We are aware of the launch of an investigation by the European Public Prosecutor’s Office (EPPO) and we have no comment to make on this issue”, “these are evolving procedures, so we will not comment on them in any way.”

Finally, with regard to the timetable and if there will be delay Due to the research, Mrs. Kaiza stressed that “This is a project of common interest, which means that there is no specified schedule from the committee”and added that “We expect all parties to commit to the project’s fastest possible implementation, because any further delay is to the detriment of the parties involved, and especially of Cyprus, which is the main beneficiary of this project.”