TUESDAY, 2 JUN 2020

 

CONNECT

Facebook Linked In Twitter
Astro_Bank_Event_26/05-04/06_728x90px
GloriaJeans_266x90px
IMH LTD

Zeta Emilianidou Outlines Measures To Support Employment, Workers And Vulnerable Groups

Cyprus Government: €700 Mn To Counteract Coronavirus Repercussions

IMH LTD
GAP_Group_2019_468x60px

ECONOMY

Natasa Pilides: hopes Cyprus-Greece ferry link to start next summer

Natasa Pilides: hopes Cyprus-Greece ferry link to start next summer

Deputy Minister of Shipping, Natasa Pilides, told a House Committee on Tuesday, July 9 that she hopes that the ferry connection between Cyprus and Greece will begin next summer, the Cyprus News Agency reports. 

The issue was discussed before the Parliament`s Committee on Energy, Commerce, Industry and Tourism in the presence of Pilides and Deputy Minister of Tourism Savvas Perdios.

Pilides said that the feasibility study is concluded and she expects that the state funding needed will be approved, followed by  the tender process in order to find the appropriate entrepreneur.

The state will subsidize the connection but not its commercial part, she clarified.

She also pointed out that the fare will be cheaper than taking an airplane.

The frequency of the route will be once a week from May to September and in the winter months once every fortnight. The trip will last for 30 hours.

The most likely port to serve the route in Cyprus will be that of Limassol. The Greek port is Piraeus.

President of the House of Representatives Demetris Syllouris briefly chaired the Committee and referred inter alia to Egypt`s strong interest in expanding the connection, covering Alexandria as well.

Meanwhile, the Deputy Minister of Tourism said that the ferry link with Greece is important for tourism and noted that there is room for more countries of the region to be involved.  If those efforts bear fruit, the Deputy Ministry will contribute with common tourist packages with the neighboring countries.

Regarding tourist arrivals, he said that this year there is until now a decrease of almost 1% mainly due to Brexit and the loss of air seats from the German market, while revenue from tourism could drop by 5% this year. He said that 2020 is expected to be a difficult year as well and said that efforts continue to attract other markets and prepare common tourist packages with other countries.

Perdios informed the Committee on the Deputy Ministry`s 10 year plan, which he will present in more detail in September.

MORE ON ECONOMY

Natasa Pilides: We Are Considering Appointing A Maritime Ambassador In Hong Kong

This year promises to be one of major change at the Deputy Ministry of Shipping, as major ...

Trade Deficit At €479.5 million For January 2020

In January 2020, based on data released by Cystat, total imports were €699.6 mn as ...

Konstantinos Petridis: Support Package To Ease Coronavirus Economic Impact To Be Announced Soon

A financial support package for the economy in order to address the consequences from ...

FROM AROUND GOLDNEWS

   

Minthis Restaurant Reopened To The Public

The Restaurant at Minthis reopened to the public from Monday, June 1. The restaurant is within the contemporary Clubhouse at the Aphrodite Hills resort, ...
   

SAP Business ByDesign: A Time-Tested Solution for Fast-Growing Businesses in Cyprus

A business does not have to be big, to be ‘smart’ - regardless of  size, type and sector, every business can utilize ‘smart’ ...
   

Consulco: Ranked as a Top Tier Performer in London Real Estate by Morgan Stanley

Following the recent assessment by Morgan Stanley Capital International, Consulco ranked 15th amongst the 160 competitors that specialise in retail ...
   

Insignia Launches First Ever Clean Payment Card

Perhaps the most unavoidable form of germ transmission occurs through the ordinary use of money and credit cards. Despite the increase in electronic ...
   

A New Global Methodology To Define Cities And Rural Areas

Have you ever asked yourself how Sustainable Development Goal indicators on sustainable cities and communities can be compared if countries across the world ...
   

Cyprus Government: €700 Mn To Counteract Coronavirus Repercussions

Cyprus announced a financial support package of € 700m, equivalent to 3% of the GDP which includes a series of measures, covering health, finance and ...
   

Zeta Emilianidou Outlines Measures To Support Employment, Workers And Vulnerable Groups

Measures to support employment, workers and vulnerable groups of the population  from the effects of the coronavirus protection measures, which are ...
   

High Potential Startups And Economic Resilience

Economic growth without innovation is hard to imagine. The ultimate source of productivity increases is innovation. About two-thirds of Europe's economic ...
 

YOUR COMMENTS

HEADLINES

MOST POPULAR

Limassol_Business_Summit_10/03-23/06_300x250px
GloriaJeans_300x250px

IMH LTD