
The head of Greece’s Independent Power Transmission Operator (IPTO or ADMIE) last week announced the start of the long-awaited construction phase of a subsea electric power transmission system linking the power grids of Israel, Cyprus and Greece.
The massive and ambitious EuroAsia Interconnector Ltd. project will span much of the eastern Mediterranean, connecting the Middle East with the large island of Cyprus before proceeding to southeast Europe and Greece—a distance of 1,208 kilometers.
IPTO CEO and Chairman Manos Manousakis made the announcement from Dubai, speaking on the sidelines of the 2023 UN Climate Change Conference (COP 28).
He said construction will be undertaken by a newly-established special-purpose IPTO subsidiary named Great Sea Interconnector.
The EU has labeled the 2,000-MW project an “electricity highway” connecting the three countries’ national grids via a high-voltage direct current (HVDC) submarine cable.
Source: tovima.com


Latest News

World Day of Physical Activity: About One in Three Greek Adolescents Physically Inactive
Almost one-third (30.4%) of Greek adolescents are considered physically inactive, meaning they engage in less than three days of physical activity per week. This rate is significantly higher than the international average of 24%

Unseasonably Low Temps, Storms, Snow Forecasted for Greece
A sharp decline in temperatures will begin Sunday afternoon in Macedonia and Thrace, progressively affecting central and southern Greece through Monday and Tuesday

Higher Prices for Easter Table Staples ‘Sting’ Greek Households
As inflation and production costs continue to weigh on the market, Greek families may find this year's Easter table more expensive than in previous year

Eluned Morgan: The Parthenon Marbles should be returned to Greece
The Welsh First Minister takes a clear stance in support of the reunification of the Parthenon Marbles in an exclusive interview with TA NEA Weekend

Traffic Disruptions in Athens This Weekend for Major Cycling Event
Athens police advise all residents and visitors to plan ahead and allow extra travel time

Trump’s 10% Tariffs Take Effect, Ushering in New Era in Trade
Trump’s tariffs represent a direct break from the post-WWII global trade framework that prioritized negotiated, reciprocal tariff reductions.

Oil Price Drops 8%
The sell-off was fueled by escalating fears of a global trade war after China responded aggressively to new U.S. tariffs, signaling a deepening economic rift.

Greece Opens Summer 2025 Season with 28.2 Million Airline Seats, Up 4.6%
The United Kingdom remains Greece’s largest source market, accounting for 5.6 million airline seats—an increase of 2.2% from last year—and representing 20% of the total.

Greece’s Top Unions Announce April 9 Nationwide Strike
As of now, there is no official announcement on whether workers in public transport systems will join the strike, leaving questions about the availability of buses, metro, and trams on the day.

PM Mitsotakis to Chair New Democracy’s Committee Meeting
Today’s meeting is seen as a crucial opportunity to halt internal disputes within ND and reaffirm unity within the party.