Sigma Live

Damianos: The More We Invest in Energy, the More We Strengthen Security

Published March 16, 2026, 10:10
Damianos: The More We Invest in Energy, the More We Strengthen Security

The Minister of Energy, Commerce and Industry, Michalis Damianos, referred to energy security and investments in energy networks before participating in the Transport, Telecommunications and Energy Council in Brussels. He stressed that Cyprus is safe and stable and will continue to contribute to resolving crises in the region and the EU. The meeting will discuss the energy networks package, which requires investments of 660 billion euros, as well as affordable energy and the situation in Moldova and Ukraine. The Minister emphasized that the more we invest in energy, the more we strengthen security and competitiveness.