Billion-euro Larnaca marina investment turning into a fiasco

The highly-publicised €1.2 billion redevelopment of Larnaca’s port and marina is heading for the rocks, with the risk of the biggest investment in Cyprus turning into a fiasco, Phileleftheros reports. What is a fact is that the mammoth investment is now in limbo, as the contracting company has breached a material term of the contract, … Continue reading Billion-euro Larnaca marina investment turning into a fiasco