Financial Other

By early March 2025, reports on the Green Aegean Interconnector, a planned HVDC link from Greece to southern Germany via the Adriatic Sea, indicated an updated project budget of about EUR 8.1 billion based on a subsea route from Greece to Slovenia and an overland extension through Austria to Munich. Earlier pre-feasibility work led by Grant Thornton for Greek TSO IPTO had cited a budget of at least EUR 8 billion potentially rising to roughly EUR 12–14 billion depending on design, while preliminary multinational studies submitted to ENTSO-E had placed the cost in the EUR 7–8 billion range; the 8.1‑billion‑euro figure reflects more refined cost estimation as the project’s configuration and route are clarified.