Foreign ministry to move to former Laiki Bank head quarters

The foreign ministry is to temporarily move to the former Laiki Bank head quarter in Strovolos, according to reports.

Subject to final approval from the Strovolos municipality, the government is set to purchase the building from its current owner the Bank of Cyprus for €18.5 million, while an advance payment of €3.7m is also required.

All the employees and services of the foreign ministry will be transferred to the building while its usual headquarters, near the presidential palace, undergo renovations.