Paphos Life

WHAT !!!!! The government with taxpayers money are subsiding the extensions of hotels. This to me is scandalous

But this Win Win is at a cost to the taxpayer. Will they / we get a share of the profits ?

Surely the money could be spent on things more important to the citizens such as improving investment in the health service which is the lowest per capita in the EU.
I am not saying that investment in tourism is a bad thing but there are priorities.

trevnhil wrote: ↑Thu Feb 22, 2018 6:22 pm But this Win Win is at a cost to the taxpayer. Will they / we get a share of the profits ?

I think this money is in the way of loans.

Austin7 wrote: ↑Fri Feb 23, 2018 3:52 pm As a foreigner living in this Country I'm quite happy to accept what the government decides to do to create more wealth which inevitably benefits everybody .

That is excactly what we were saying, only yesterday, as we were walking along the coast promenade.

The problem wth encouraging more AI hotel occupancy is that in general local businesses don’t benefit, I’m thinking of bars and tavernas and possibly also kiosks.

Dee

Don't hold your breath!


Shane