marina development financial disagreements

Cyprus ‘will not be blackmailed’ over Larnaca marina

The dispute over Larnaca marina development involves financial clashes between the Cypriot government and Kition Ocean Holdings, leading to tensions as the full €10 million guarantee hasn’t been paid. President Nikos Christodoulides asserts that Cyprus won’t be blackmailed, emphasizing the project’s significance in transforming Larnaca’s coastal front and enhancing citizens’ lives.