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Disy backs Diko over Keravnos stance on GSI

Cyprus Mail · 2026-09-22

AI SUMMARY

• What happened: The Democratic Rally (Disy) party has expressed support for the Democratic Party (Diko) in criticizing Finance Minister Makis Keravnos over his handling of the Great Sea Interconnector (GSI), calling for clearer communication from the government regarding the project's future. • Why it matters: The GSI is deemed crucial for Cyprus's energy future and regional cooperation, and the ongoing disagreements within the government could jeopardize its implementation and the island's energy security. • What to watch next: Monitor the government's response to calls for clarity on the GSI, as well as any developments regarding the project's viability and potential funding from European institutions.

**Disy Supports Diko's Criticism of Finance Minister Over Great Sea Interconnector**

In a recent political development, the Democratic Rally (Disy) party has expressed its support for the Democratic Party (Diko) in its criticism of Finance Minister Makis Keravnos regarding the handling of the Great Sea Interconnector (GSI). The interconnector project, which is seen as crucial for Cyprus's energy future, has become a focal point of contention within the government.

Disy has called for the government to provide “specific and convincing answers” concerning the GSI, emphasizing the importance of clear communication and decisive action. The party criticized Keravnos for his “unacceptable tone and dismissive remarks,” arguing that such an approach diminishes the quality of political discourse and potentially jeopardizes the project's future.

In a statement, Disy highlighted the strategic and national importance of the GSI, asserting that it is “unacceptable” for a project of this magnitude to be accompanied by contradictory statements and a perceived lack of political will. The party warned that Cyprus cannot afford to distance itself from Greece due to mismanagement of the project, which is viewed as vital for ending the island's energy isolation.

Disy further articulated that the GSI should act as a bridge for cooperation and strategic alignment between Cyprus and Greece, rather than a source of political discord. The party believes that successful implementation of the project could pave the way for further interconnections with the European Union, Israel, and other neighboring countries.

The call for clarity comes in light of ongoing disagreements within the cabinet regarding the viability of the GSI. Minister Keravnos has publicly stated that studies commissioned by the government indicate that the €1.9 billion project is “not sustainable.” He has also pointed out that the European Investment Bank previously declined to finance the interconnector, suggesting instead that resources be directed toward energy storage solutions.

Keravnos has pushed back against Diko leader Nicolas Papadopoulos's assertion that the project should be expedited to prevent Turkey from establishing a competing interconnection with the Turkish-occupied north of Cyprus. He maintained that the Cypriot government cannot prevent Turkey from pursuing its own interconnection plans.

In response to the mounting pressure, Keravnos has dismissed calls for his resignation, asserting that the government is committed to its strategic objectives regarding the GSI. President Nikos Christodoulides has also weighed in on the matter, stating that there is no division within the government and reaffirming support for the interconnector project.

As the debate continues, the future of the Great Sea Interconnector remains uncertain, with political factions urging the government to clarify its position and take decisive action to ensure the project's success. The GSI is seen not only as a means of enhancing Cyprus's energy infrastructure but also as a critical element in fostering regional cooperation and stability.

Source: Cyprus Mail
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