The finance minister’s fixation on narrow financial metrics reflects a deeply myopic view of what economic stewardship means
The Great Sea Interconnector (GSI) – the electricity link connecting Cyprus, Greece and eventually Israel – is reaching another critical milestone. Sadly, Cyprus risks repeating a familiar pattern where strategic national projects are undermined by a toxic mix of bureaucratic hesitation and political short-sightedness.
The GSI is not just another infrastructure venture. It is a national security necessity. For decades, Cyprus has remained an energy island, wholly dependent on its own generation capacity. The 2011 Mari disaster, which destroyed the Vasilikos power plant and plunged the island into darkness, should have taught us how fragile this isolation makes us. The interconnector would finally link Cyprus to the European electricity grid, providing the redundancy and stability every modern economy needs.
Unfortunately
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