Hommam Al Nassim 
The Egyptian government has begun consultations with the European Union to obtain a grant of two billion euros to finance the electricity interconnection projects between Egypt and Italy and Greece.
According to Egyptian government sources, the two projects aim to connect the Egyptian electrical grid to the European grid and provide clean energy to Europe.
The sources pointed to the continuation of feasibility studies for the two projects, while stressing that they will contribute to reducing carbon emissions and achieving benefits for all parties.
Discussions between the Egyptian government and EU officials have been underway for some time, and these talks have progressed in recent months, suggesting the seriousness that the parties concerned are giving to these projects.
In a related context, it was confirmed that the electricity interconnection projects with Greece and Italy will be part of the comprehensive package included in the association agreement between Egypt and the European Union, which includes packages of trade and investment, in addition to financial support worth 7.4 billion euros.
The Egyptian sources stressed that these projects are of great importance and receive great support and interest from the European Union, which enhances optimism about their success and the achievement of the desired benefits.
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