European Commission Approves €445m State Aid for Limassol Stadium
The European Commission has given the green light for €445 million in state support for the Limassol stadium project.
The decision confirms that the funding complies with EU state aid rules. The funds will be allocated to the implementation and development of sports infrastructure, which is expected to strengthen Limassol's role as a hub for major events.
Authorities note that the project will contribute to the development of sports, tourism, and the regional economy.
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I am originally from St. Petersburg — a city with a unique character and rhythm. My professional life began rapidly: at just 16, I plunged into the world of global events. The World Cup, the roar of Formula 1 cars in Sochi, the energy of VK Fest, and the backstage of Fashion Week — I always…
