Story perspectives

Greece-Cyprus Tensions Rise Over Controversial Energy Project

9/5/2025

Summary

Story summary

Tensions have risen between Greece and Cyprus over the Great Sea Interconnector project linking their energy systems.
Cypriot Finance Minister Makis Keravnos raised concerns about the project's financial and technical viability.
The European Public Prosecutor's Office is investigating potential misconduct related to EU funding for the project.
Both governments emphasize the project's strategic importance, but disagreements remain over financial commitments and progress.

History

Historical Context

The 1974 Turkish invasion of Cyprus led to a division that continues to influence regional politics. In recent years, the European Union has invested approximately €1.5 billion in energy projects to foster cooperation between Cyprus and Greece. The Great Sea Interconnector project exemplifies ongoing tensions, as both nations navigate financial commitments and strategic interests amid complex EU funding dynamics.

1 of 2

Story summary

Tensions have risen between Greece and Cyprus over the Great Sea Interconnector project linking their energy systems.
Cypriot Finance Minister Makis Keravnos raised concerns about the project's financial and technical viability.
The European Public Prosecutor's Office is investigating potential misconduct related to EU funding for the project.
Both governments emphasize the project's strategic importance, but disagreements remain over financial commitments and progress.

1 / 2