French vessel begins cable surveys despite Turkish counter-notice
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A French vessel has commenced research operations for an electrical interconnection between Greece and Cyprus, a development that is testing diplomatic relations with Turkey. The research proceeds despite Turkey issuing a counter-NAVTEX and a Turkish unmanned aerial vehicle (UAV) being spotted over the cable laying area. Diplomatic sources assert that the research will continue, citing clear international maritime law.
In economic news, Fitch Ratings has affirmed Greece's credit rating at 'BBB' with a stable outlook, indicating a steady economic prospect. However, the Central Union of Greek Municipalities (KEDE) has raised alarms about severe financial difficulties and a lack of resources, while reports reveal the state has outstanding debts amounting to 3.88 billion euros.
Separately, Athens is preparing for the Marathon event, leading to road closures today and tomorrow in various parts of the city.