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Larnaca Chamber Backs Port-Marina Split To Support Coastal Development

Public And Industry Support

Larnaca Chamber of Commerce and Industry (Evel) has expressed support for separating the city’s port and marina operations. A key part of the proposal is transferring ownership to the Cyprus Ports Authority, provided that management remains efficient.

Strategic Infrastructure Overhaul

Larnaca’s location, close to both the airport and the city centre, supports plans for a broader coastal upgrade. An integrated development would combine port activity with commercial and tourism infrastructure, while aligning facilities with European safety standards.

Plans include extending the northern quay, increasing the turning radius for larger vessels and developing the western breakwater to handle additional traffic. A new passenger terminal is also proposed in the southern area, designed to serve cruise passengers and visitors, with space for retail and services.

Economic And Community Impact

According to the Chamber, the project could support economic activity in the region, including job creation and increased investment. Expanding port operations and maritime tourism would strengthen Larnaca’s position in the sector. Proposals also include upgrades to surrounding areas, such as pedestrian routes, cycling paths, public transport connections and dedicated parking for buses and taxis.

Future Development And Collaboration

A development model that allows for future expansion of port infrastructure is also supported. In addition, the Chamber has proposed an international architectural competition to develop a master plan integrating coastal and urban areas. Additional facilities under consideration include a conference centre, marina services, cultural spaces and retail areas. Cooperation with private operators is expected to support both investment and long-term management of the infrastructure.

Lithuania And Cyprus Forge Enhanced Partnership In Tourism And Defence

Expanding Cooperation Beyond The Surface

Kristupas Vaitiekūnas highlighted opportunities for closer cooperation between Lithuania and Cyprus during his visit to Nicosia for the informal ECOFIN meeting. Speaking to the Cyprus News Agency, the Lithuanian finance minister said both countries share common challenges and could expand collaboration in areas including tourism, defence and financial services.

Addressing Shared Challenges

Finance Minister Kristupas Vaitiekūnas said Lithuania and Cyprus face similar security and economic pressures despite their geographic differences. Particular attention was given to emerging security threats, including drone-related risks, alongside the importance of maintaining resilient financial sectors. According to Vaitiekūnas, stronger coordination in those areas could deliver long-term economic and strategic benefits for both countries.

Focus On Fiscal Stability And Energy Security

Discussions at the ECOFIN meeting are expected to focus on Europe’s economic outlook, energy market volatility and fiscal stability. Kristupas Vaitiekūnas warned that instability in the Middle East could continue affecting oil markets and broader economic performance across Europe. Housing affordability was also identified as a growing challenge, with rising property prices in cities such as Vilnius reflecting broader pressures seen across European markets.

Coordinated Energy Strategy And Future Investments

The Lithuanian finance minister also called for a more coordinated European approach to energy and economic resilience. Vaitiekūnas suggested that targeted and temporary policy measures could prove more effective than large-scale structural reforms in addressing short-term pressures. Lithuania continues to increase investment in renewable energy generation and storage infrastructure as part of efforts to strengthen energy independence and begin producing surplus electricity by 2028.

Support For Ukraine And Enhancing Defence Funding

Finance Minister Kristupas Vaitiekūnas reaffirmed Lithuania’s support for Ukraine, describing the war as a broader struggle tied to European security and democratic values. He also backed accelerating Ukraine’s accession process to the European Union, arguing that deeper integration would strengthen regional stability and economic prosperity. Vaitiekūnas welcomed the EU’s SAFE programme, which is expected to support Lithuania’s defence capabilities while contributing additional assistance to Ukraine.

Looking Ahead To A More Unified Europe

Addressing the European Union’s future budget framework, Kristupas Vaitiekūnas said increased funding for security and defence represented a positive development. At the same time, he warned that reductions in cohesion funding and agricultural support could negatively affect purchasing power and long-term European unity. Lithuania is expected to place continued emphasis on Ukraine and regional security ahead of its upcoming EU Council Presidency in early 2027.

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