Curtain call for the €1.2 billion Larnaca marina fiasco

The news of the government’s termination of the €1.2 billion Larnaca port and marina concession agreement with Kition Ocean Holdings came as no surprise, confirming a long-anticipated fiasco of monumental proportions. Since the handover of the marina and port of Larnaca to the contractor on April 1, 2022, very few minor works have been executed, … Continue reading Curtain call for the €1.2 billion Larnaca marina fiasco