EU to Invest EUR 2.3 Billion in Georgia-Romania Black Sea Electricity Cable

The EU Commissioner for Neighbourhood and Enlargement Olivér Várhelyi revealed on 12 December that the EU will allocate EUR 17 billion for the economic and investment plan of the Eastern Partnership (EaP), including EUR 2.3 billion aimed at creating the Black Sea strategic submarine electricity cable between Georgia and the EU. The electricity cable will connect Georgia and the entire South Caucasus ...

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