Cyprus, Israel and Greece sign MoU on energy and water

Meet your new economic foundations of the European Union: Cyprus and Greece. From this point, it seems they are not likely to be kicked out of the union and could become part of the upcoming United States of Europe.

Cyprus, Israel and Greece have signed a Memorandum of Understanding (MoU) on cooperation in the fields of energy and water.

Speaking after the signing of the MoU, Cyprus Minister of Energy, Commerce, Industry and Tourism Yiorgos Lakkotrypis said “this is a monumental moment for the cooperation among the three countries”.

“The MoU is a framework which will determine the number of activities that the countries have agreed to jointly pursue, such as energy security supply, environmental concerns and a number of other issues which are common for us three”, he added. Continue reading