Great Sea Interconnector: Greece Stresses Fair Cost-Sharing

Great Sea Interconnector: Greece Stresses Fair Cost-Sharing

Government spokesperson highlights the project’s strategic importance for Cyprus, Greece, and Europe, but calls for balanced financial responsibility.

The strategic importance of the Greece–Cyprus electricity interconnection was underlined by government spokesperson Pavlos Marinakis, who emphasized that while the project is vital for both countries and for Europe, a fair distribution of financial costs is essential.

“It is a very important project for Cyprus’ electricity supply, and one that matters to us and to Europe as well. We support it, we want it to happen, but we cannot overlook its financial dimension. It is clear that such a significant project for Cyprus cannot be paid for solely by the Greek taxpayer,” Marinakis stated in a radio interview with SKAI 100.3.

He highlighted the close bond between Greece and Cyprus, speaking of an “absolute alignment of national interests” and describing Cyprus as a “brother state.” Marinakis also pointed to the consistent policies pursued by the two countries in recent years, which, he said, have delivered results unseen “for many decades.”

Addressing the Cyprus issue, he referred to it as an “open wound of 51 years of occupation,” reaffirming that Greece continues to firmly support Nicosia’s positions. Returning to the electricity interconnection, Marinakis made clear that Greece cannot accept the economic burden falling exclusively on its taxpayers, stressing that the project holds strategic value and Athens remains fully committed to its implementation.

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