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via Israel eyes pipeline to export natural gas to southern Europe | Agricultural Commodities | Reuters.
A gas pipeline from Israel to Europe, via Cyprus and Greece would be an enormous strategic project.
It would reduce Europe’s dependency on Russian gas.
It would also kick-start investment and jobs in Greece and Cyprus.
Finally, it would provide the troika of the ECB, the IMF and the European Commission an opportunity to offer an alternative strategy to austerity.