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Christodoulides Agrees with Mitsotakis on Payment of €25 Million to GSI

Summary by Libre
"There is no point of friction with Greece... Some are trying to create a problem," stressed Cypriot President Nikos Christodoulides, emphasizing that Cyprus has agreed to pay once the procedures are completed and NAVTEX is issued for the laying of the cable.
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The intention of the Republic of Cyprus to pay the annual contribution of 25 million euros for the implementation of the electrical interconnection through the GSI was confirmed by the President of the Republic of Cyprus, Nikos Christodoulides. Speaking on the “Epikaira” program of the Plus television station, Mr. Christodoulides stated that Nicosia has no objection to the payment of this specific amount, which constitutes an agreed contribution…

The issuance of NAVTEX for the continuation of the surveys and the laying of the cable is the point that will trigger the payment of the Cypriot contribution for the GSI, according to Nikos Christodoulides. The President of the Republic of Cyprus revealed that the specific framework has been agreed with Kyriakos Mitsotakis. Nikos Christodoulides, speaking on the television […]

"There is no point of friction with Greece... Some are trying to create a problem," stressed Cypriot President Nikos Christodoulides, emphasizing that Cyprus has agreed to pay once the procedures are completed and NAVTEX is issued for the laying of the cable.

There is no point of friction with Greece, some are trying to create a problem, the Cypriot president underlines

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Pentapostagma broke the news on Monday, September 14, 2026.
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