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EU Approves Greece-Cyprus Shipping Service

EU approves Greece-Cyprus shipping service

Source: European Commission

Limassol, Cyprus (PortSEurope) July 7, 2020 – The Ministry of Shipping has reported that after months of consultations with the European Commission’s Directorate-General for Competition, which started in July 2019, it has secured the EU’s approval to provide a maximum subsidy of €6 million euros a year to reopen Greece’s Cyprus connection. According to the decision of the General Directorate of Competition dated July 3, 2020, the operation of the sea passenger line between Cyprus…

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