Breaking news

Akamas Roadworks Under Fire: Report Reveals 16 Environmental Breaches

A damning new report on the controversial roadworks in Akamas National Forest Park has landed on the desks of an ad hoc committee tasked with evaluating the project. The findings, compiled by ASD Hyperstatic Engineering Design on behalf of the forestry department, highlight 16 major violations of environmental regulations and administrative oversights in the first phase of construction.

Key Findings: A Trail Of Violations

The report outlines critical issues, including rainwater inflow from Peyia developments that have damaged key roads, particularly the stretch linking White River Beach to the park’s entrance. The first directive? Immediate repairs and a long-term solution to prevent further erosion.

Other key recommendations include:

  • Erosion control: Alternative solutions must be proposed, and all existing retaining walls must be removed. Safer, environmentally friendly methods must be used to stabilize road inclines.
  • Toxeftra Beach safeguards: Existing walls near Toxeftra Beach should be completely demolished, with new barriers designed to protect fragile sandstone formations while preventing vehicle and pedestrian damage. No new walls will be allowed unless proven essential for safety.
  • Wildlife protection: All remaining walls must incorporate wildlife passages, as required by the game service.
  • Infrastructure rollback: The water supply cable must be removed responsibly, with environmental restoration measures in place. New sources of firefighting water must be identified.
  • Natura 2000 compliance: Special protection measures are needed for olive and carob forests and other habitats within the Natura 2000 protected area.
  • Eel migration concerns: The Avakas area roadworks require a fresh review by the water development department to assess potential modifications affecting the movement of local eel populations.

The committee has been given 15 days to propose corrective measures, which will then be submitted for further scrutiny. Once revised plans are approved, they must be aligned with the special ecological assessment (SEA) from March 2024.

How Did The Akamas Project Go Off The Rails?

The Akamas roadworks project, which began in September 2023, was meant to upgrade 13.4 km of existing roads. But within weeks, environmental groups raised the alarm, accusing contractors of violating strict, legally binding conditions.

As public outcry grew, President Nikos Christodoulides admitted he was “personally annoyed” by the deviations from the approved plan. In December 2023, the council of ministers stepped in, halting construction and ordering an investigation.

Despite the controversy, then-Agriculture Minister Petros Xenophontos initially stated the project would proceed without suspension, only to reverse course days later. The government ultimately terminated its contract with Cyfield in January 2024, leaving the future of the project—and Akamas’s fragile ecosystem—in limbo.

Now, with this latest report laying bare the full scale of environmental damage, the pressure is on. Will the new recommendations lead to genuine reform, or will Akamas remain caught in the crossfire of politics and development?

SEC Drops Lawsuit Against Gemini: A Major Turning Point In Crypto Regulation

SEC Dismisses Legal Action Against Gemini

The Securities and Exchange Commission has formally withdrawn its lawsuit against Gemini, the prominent crypto exchange founded by twins Cameron and Tyler Winklevoss. The move follows a joint court filing in which both the regulator and Gemini sought dismissal of the case that centered on the collapse of the Gemini Earn investment product, a debacle that left investors without access to their funds for 18 months.

Settlement And Regulatory Reassessment

In a significant development, a 2024 settlement between New York and Gemini ensured that investors recovered one hundred percent of their crypto assets loaned through the Gemini Earn program. The legal reprieve comes on the heels of actions initiated by New York Attorney General Letitia James, who accused Gemini of defrauding investors.

Political Backdrop And Industry Implications

This dismissal reinforces a broader trend of regulatory leniency toward the crypto sector noted during the Trump administration, which saw the SEC dismiss, pause, or reduce penalties in more than 60 percent of its pending crypto lawsuits. Meanwhile, Gemini’s recent public offering filing underscores its ambitions to solidify its status as a major player in the evolving digital asset market.

Uol
eCredo
Aretilaw firm
The Future Forbes Realty Global Properties

Become a Speaker

Become a Speaker

Become a Partner

Subscribe for our weekly newsletter