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.
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