Cyprus Mail
Cyprus

Cultural Foundation pleads with state not to suspend work

THE Cyprus Cultural Foundation issued a plea to the government yesterday not to suspend plans to build a Cultural Centre in the heart of Nicosia, which they said would overturn years of work and multiply future costs.

The sensible thing to do would be to incorporate the project in EU funds otherwise, “some must assume the responsibility for the loss of dozens of millions of euros,” an announcement by the Cultural Foundation said.

The cultural foundation’s position is that the EU could pay for up to 85 per cent of the total cost of the project. The state’s part has already been paid, so no additional government expenses would be necessary, the foundation claimed. The auditor general however, told lawmakers last week the state would only be able to get 40 per cent of the funding from the EU. At least €22 million has already been spent on the centre, estimated to cost €115 million.

Cabinet is expected to decide within two weeks whether they will suspend the project or else push through to meet a December 2015 extension for the EU 2007-2013 programme period.

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