Latest news

14 February 2020

New marina and port in Larnaca

Discussions for the development of the port and marina of Larnaca have been completed successfully, Minister of Transport, Communications and Works Yiannis Karousos announced on Thursday. The one billion euro deal with the investor will be signed withi

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15 January 2020

Cyprus Repays IMF Loan Ahead of Schedule

Cyprus has paid off ahead of schedule an International Monetary Fund loan that was part of a multi-billion euro financial rescue deal in 2013, the finance minister said Tuesday. Minister Constantinos Petrides said the loan's early repayment would bolst

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11 December 2019

Reef

Larnaca Marine Life! The ‘Elpida’ and 'LEF1' vessels that will create Larnaka’s new artificial reefs have officially been sunk and will soon enrich marine life and diving options in Larnaka region. The ‘Elpida’ – a 63-metre long commercial vessel f

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