July 6, 2020
The European Commission has given the green light to state support for a Cyprus-Greece ferry link, opening the way for a tender to launch the service, outgoing deputy shipping minister Natasa Pilides said on Monday.
She said that the EC’s DG Competition had authorised a maximum of €6m annually in state aid for the planned ferry.
Pilides was speaking at a press conference taking stock of her work as Cyprus’ first deputy minister for shipping since her appointment two and half years ago. She is to be sworn in as new Energy Minister tomorrow. Vasilis Demetriades will be sworn in as deputy shipping minister.