Our View: We cannot afford another costly energy mistake

Everyone was taken by surprise to hear on Tuesday morning news that there was agreement on the Great Sea Interconnector (GSI) and that the council of ministers was scheduled to approve the deal at its meeting on Wednesday. The main obstacle, the funding of the project, had been reportedly overcome during extended meetings until late Monday and an agreement was reached which had the approval of all interested parties – governments of Greece and Cyprus, the regulators of the two countries, the EU...