Dialogos

Ambiguity and Lack of Credibility Surrounding Electricity Interconnection Cable

Published January 7, 2026, 13:02
Ambiguity and Lack of Credibility Surrounding Electricity Interconnection Cable

Vakis Charalambous, head of the energy sector, criticized the government for failing to effectively address energy problems, describing its announcements as communication tactics. He specifically referred to the issue of the electricity interconnection cable, where NEXANS announced the suspension of the project while costs continue to accrue. Mr. Charalambous emphasized the existence of ambiguity and a lack of credibility, as critical questions remain unanswered. He warned that the cost of the project, regardless of its outcome, will be borne by taxpayers, and reiterated that energy uncertainty persists and government assurances are collapsing. He accused the government of lacking vision, planning, and willingness to solve everyday problems.