Finance ministry questions viability of Cyprus-Greece power link

The finance ministry reiterated on Thursday it’s not in a position to evaluate the mooted Cyprus-Greece electricity interconnector project as several parameters remain unknown, while the cost-benefit analysis provided by the project promoter got leaked to the media a day after being shared with parliamentarians.

Giorgos Panteli, permanent secretary at the finance ministry, told the Cyprus News Agency that the ministry’s stance on the matter will depend on the project’s impact on the economy and energy sectors of the country.