Legal Developments Involving Eurocypria and the Ministry of Commerce
October 24, 2024
Eurocypria, a subsidiary of the former Cyprus Airways, is facing legal troubles despite its closure. The Supreme Court of Cyprus overturned an initial ruling that required the government to pay £400,000 to a travel company. Former Trade Minister Antonis Paschalidis was questioned, and although initially deemed unreliable, his testimony was ultimately restored. The case revolves around payments related to Eurocypria's flight agreements, resulting in losses for its partners.