Economy
Larnaca's economy has been growing since 1975, after the loss of the Port of Famagusta, which handled 80 percent of the general cargo, and the closure of the Nicosia International Airport meant that Larnaca's airport and seaport had increasingly important roles in the economy of the island.
A €650m upgrade of the Larnaca airport has been completed.
Many travel and tour operators and other travel-related companies, including Eurocypria Airlines, have their head offices in Larnaca.
The service sector, including tourism, employs three quarters of Larnaca's labor force.
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Famous quotes containing the word economy:
“Wise men read very sharply all your private history in your look and gait and behavior. The whole economy of nature is bent on expression. The tell-tale body is all tongues. Men are like Geneva watches with crystal faces which expose the whole movement.”
—Ralph Waldo Emerson (1803–1882)