The Crete-Cyprus electricity interconnection project is a project of major economic, political and strategic importance.

The European Commissioner Johannes Hahn points out the danger of a new blow to the Greek economy, due to the under-utilization and mismanagement of European funds (more than 2 billion euros) by the previous government.

Aiming to preserve the cultural heritage of the Peloponnese and attract more visitors, the Greek Culture Ministry recently announced that it had secured funding, exceeding 16 million euros, for the preservation and restoration of four main sites in the region.