The collapse of the Qatari investment hits the prestige of Cyprus and leaves the government exposed, DISY Vice President, Averof Neophytou announced yesterday.

“The more the government delays, the more responsible is for the millions of euros spent for the evacuation of the plot”, he added.

According to the announcement, “in the past three years, the Ministers and the government officials were talking about a “colossal” investment from Qatar of €500 million and thousands of new job posts”.

“Gradually, the amounts diminished and recently we had the final end of the case”.

“What we can say with certainty, based on the experiences of recent years, is that despite concessions and preferential treatment - even a Qatar law was brought in Parliament by the government - the investment has gone, leaving the government exposed and hitting the prestige of the country”, the announcement concluded.