EU-backed electricity link to Cyprus stalls amid regional tensions

AI Summary

The EU-backed Great Sea Interconnector subsea cable project to connect Cyprus to the EU electricity grid has stalled due to Turkey's maritime claims and financing issues. The nearly €2 billion link would end Cyprus's energy isolation but faces regional geopolitical challenges.

The nearly €2 billion Great Sea Interconnector subsea cable would connect Cyprus to the EU's electricity system and end Nicosia's energy isolation. However, Turkey's maritime ambitions and financing issues have been stalling the project, which was meant to become operational in 2024.