Cyprus Mail
Cyprus

Ayia Napa clocks up surplus in 2013

Ayia Napa municipality said on Wednesday it had managed to increase its profits from zero in 2012 to €700,000 in 2013 even with a cut in state aid, no new taxes and no layoffs.

“It is noteworthy that we have achieved this with no additional increase in taxes and without layoffs , while improving the quality and level of services offered to our citizens and visitors,” Mayor Yiannis Karousos said in a written statement.

It was all down to tightening up the municipality’s finances, he said.

“The Ayia Napa Municipality has demonstrated in a practical way to everyone that it is possible to be viable even without being dependent on state aid,” Karousos said. “This is also our goal for 2014.”

Related posts

Teen missing from Nicosia home

Staff Reporter

Leaders must agree first before reaching out to UNSG (updated)

CNA News Service

Larnaca beaches declared free from jellyfish

Staff Reporter

‘Turtles add value to Cyprus as a whole’ (updated, video)

Lizzy Ioannidou

President vetoes ‘negative’ foreclosures changes (update)

George Psyllides

SBA police meet community leaders to tackle common problems

Staff Reporter

1 comment

Comments are closed.