5 Minute News

Financial Issues in Agios Tychonas Municipality

December 31, 2025

The Mayor of Eastern Limassol, Kyriakos Xydias, uncovered serious financial issues in the municipality of Agios Tychonas, with debts amounting to €8 million. Most of these debts are owed to the Water Development Department, as well as to contractors and suppliers. Following these findings, he requested a state audit since no audit had taken place since 2008. The audits will review the management from 2008 to 2020, involving external auditors. The municipality lacks the resources to conduct the investigation on its own.