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Greek Diplomatic Missteps Threaten EU-Funded Cable Project, Turkish Veto Looms

Published January 11, 2026, 07:13
Greek Diplomatic Missteps Threaten EU-Funded Cable Project, Turkish Veto Looms

The construction of the undersea electricity cable between Crete, Israel, and Cyprus, a strategically important project for the region's energy security, has reached a deadlock due to diplomatic failures on the part of Greece. Despite being a European project funded by the EU with 675 million euros, Athens treated it as a bilateral issue with Turkey, resulting in a cautious approach from the EU. Cyprus considers the cable vital for its energy independence.