🇬🇷🤝🇨🇾🇫🇷 — An agreement was signed yesterday, in the presence of Prime Minister K. Mitsotakis, for the entry of the French investment group Meridiam as a majority shareholder in the Great Sea Interconnector (GSI) company established for the electrical interconnection between Greece and Cyprus.
➡️ This is a positive development, as it significantly increases the French interests associated with the successful completion of the project: Meridiam joins Nexans, which supplies the cable - and it is no coincidence that a strategic agreement was signed at the same time between IPTO, GSI and Nexans to accelerate the implementation of the project.
➡️ However, it should be noted that, regardless of this specific positive development, the core of the strategic problem regarding GSI remains the handling of Turkish reactions "on the ground", about which we have previously written that Greece cannot depend on allies ("if you don't have nails to scratch, don't expect them to scratch you").
📝 From this perspective, it is interesting that Maximos's relevant announcement describes "the completion of seabed surveys as a top priority."
🔗 @e_amyna