Cyprus-Greece Ferry Link Requires State Subsidy to Continue Past 2027
The ferry connection between Cyprus and Greece will require a state subsidy to continue operating beyond 2027. Without financial support, the vital link may cease to exist.
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State subsidy a must for Cyprus-Greece ferry connection
The ferry connection between Cyprus and Greece cannot continue without renewed state subsidies, contract operator Scandro Holding Ltd’s chief executive Charalambos Manoli said on Friday. Speaking to the Cyprus News Agency, Manoli said the long-term goal of creating a financially self-sustaining ferry service had yet to be achieved. The ferry route was launched in 2022 […]
Read full article →Cyprus-Greece ferry link may end in 2027 without State subsidy
The Cyprus-Greece sea passenger link cannot continue unless the state subsidy is renewed, Charalambos Manoli, managing director of contracted operator Scandro Holding Ltd, told CNA, adding that the goal of making the route self-sustaining has not been achieved. Manoli was speaking about the future of the service, which began in 2022 following European Commission approval […]
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