€4.2m of state funds for ferry service to Greece

01 December 2020

€4.2m of state funds for ferry service to Greece

  • 01 December 2020

The deputy ministry of shipping will shell out €4.2 million of its 2021 budget on the proposed Cyprus-Greece ferry service, minister Vasilis Demetriou told MPs at the House finance committee on Monday.

Discussing finances for 2021 amid the ongoing pandemic and its impact on the global economy, Demetriou said his ministry’s budget for next year was €14.5m, the same as it was for 2020, other than the inclusion of the €4.2m for the ferry service.
 
The open competition for the operation of the service to Piraeus would be announced in the next 10 days, Demetriou said.
 
 
 
Continue reading at source: Cyprus Mail

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