Key day for Cyprus linkup

Thursday morning's summit meeting between Prime Minister Kyriakos Mitsotakis and Cypriot President Nikos Christodoulides will be taking place in a climate of dissatisfaction and disappointment caused in Athens by the "fine print" of the decision of the Cyprus cabinet on the course of the electricity interconnection between Crete and Cyprus.

Athens is coming to Thursday's summit in a last-ditch effort to save the project, setting as a red line a definitive agreement the existence of a regulatory framework to ensure its sustainability and Cyprus' participation in the Great Sea Interconnector equity capital with €100 million - issues pre-agreed from the beginning of the month.

When they received the decision of Cyprus' cabinet on Tuesday evening, the competent Greek authorities were surprised to find that the decision on the equity participation of the Republic of Cyprus...