Tension in Greece-Cyprus relations: the undersea electrical connection cable and the European Public Prosecutor's Office investigation
The electricity interconnection project is causing serious shocks in relations between Greece and Cyprus, with the confrontation taking on unpredictable dimensions after the surprise revelation by the President of the Republic of Cyprus, Nikos Christodoulides, that the European Public Prosecutor's Office is opening an investigation into possible criminal offences in relation to the project. The investigation by the Public Prosecutor's Office covers the period 2013-2023 and concerns the previous implementing body (EuroAsia Interconnector under Cypriot businessman Nasos Ktorides) but extends to the period when Greek power operator ADMIE came to the fore due to EuroAsia's lack of credibility. The complaints concern the management of the 657 million euros of European funds earmarked for the project and naturally raise many questions about the criteria under which they were granted to an entity that, as a result, did not have the technical...
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