Greece Signs MoU with Egypt on Electricity Interconnection

ATHENS — Environment and Energy Minister Kostas Skrekas on Wednesday signed a memorandum of understanding (MoU) with the Electricity and Renewable Energy Minister of Egypt, Mohamed Shaker El-Markabi, on establishing an electricity interconnection between Greece-Egypt.

Both ministers agreed to set up negotiating teams that will examine the prerequisites for creating an energy interconnection of the two countries.

Skrekas said that the MoU indicates that the strategic cooperation between Greece and Egypt for the deepening of bilateral relations is bringing results. It is an initiative that will strengthen the country's energy security, with protection of the electricity network and a further integration of Renewable Energy Sources. At the same time, it promotes the method of the Greek government's energy policy in the region of the southeastern Mediterranean, as a follow up to the trilateral cooperation between Greece, Cyprus and Egypt and the respective 3+1 cooperation between Greece, Cyprus, Israel and the USA.

The Greek minister also informed his Egyptian counterpart about the MoU that he signed on March 8 with his counterparts from Cyprus and Israel on an electricity interconnection of the three countries via the EuroAsia Interconnector cable.


ATHENS - There was keen investor interest in acquiring a 27 percent stake in Piraeus Bank from Greece’s bank bailout fund, which was oversubscribed as it will be the third of the country’s four biggest banks to be fully privatized.

Top Stories


A pregnant woman was driving in the HOV lane near Dallas.

General News

NEW YORK – Meropi Kyriacou, the new Principal of The Cathedral School in Manhattan, was honored as The National Herald’s Educator of the Year.


Nikki Haley Wins the District of Columbia’s Republican Primary and Gets Her First 2024 Victory

WASHINGTON (AP) — Nikki Haley has won the Republican primary in the District of Columbia, notching her first victory of the 2024 campaign.

WASHINGTON (AP) — The Supreme Court on Monday restored Donald Trump to 2024 presidential primary ballots, rejecting state attempts to hold the Republican former president accountable for the Capitol riot.

CHICAGO - One of the toughest, and longest-playing stars of the National Hockey League, Chris Chelios, at a ceremony where the Chicago Blackhawks retired his number 7 jersey, said the day he was traded to his hometown team “was the greatest day of my life.

JetBlue and Spirit Airlines are ending their proposed $3.

ANKARA - Turkish President Recep Tayyip Erdogan said he won’t give up a push to convince the United Nations and world to recognize the occupied side of Cyprus that was seized in unlawful 1974 invasions.