Politis

Damianos: Energy Investment Equals Enhanced Security and Competitiveness

Published March 16, 2026, 10:17
Damianos: Energy Investment Equals Enhanced Security and Competitiveness

The Minister of Energy, Commerce and Industry of Cyprus, Michalis Damianos, emphasized the importance of energy investments to enhance the country's security and competitiveness. Speaking before the Transport, Telecommunications and Energy Council in Brussels, he stated that Cyprus has returned to normalcy after the recent crisis and that all activities, including EU meetings, will proceed as planned. The Council's agenda includes discussions on the energy networks package, which requires investments of 660 billion euros, as well as the issue of affordable energy and the situation in Moldova and Ukraine.