Clarifications on the Loan Management of the Holy Metropolis of Paphos
April 28, 2026
The Archdiocese of Cyprus denied statements made by the lawyer of the former Metropolitan of Paphos regarding the provision of a high-interest loan to the Holy Metropolitanate of Paphos. The statement clarifies that the loans predated the current Archbishop's tenure starting in 2006 and were taken for the construction of churches and other infrastructures. It emphasizes that the financial management was conducted professionally to repay the loans. The Holy Metropolis has strategically invested to secure income for debt payments. The official statement aims to restore the truth about the financial status of the Metropolis.