Ferry fares to be­come cheaper

Kathimerini English - - Business & Finance - BY NIKOS BARDOUNIAS

The Min­istry of Mar­itime Af­fairs is promis­ing cheaper ferry tick­ets this sum­mer af­ter abol­ish­ing cer­tain levies that bur­den fares for pas­sen­gers and ve­hi­cles by 30 and 37 per­cent re­spec­tively.

Fol­low­ing his meet­ing with rep­re­sen­ta­tives of the two as­so­ci­a­tions of coastal ship­ping com­pa­nies yes­ter­day, Min­is­ter Yian­nis Dia­man­tidis stated that an agree­ment had been reached on re­duc­ing costs for trav­el­ers.

“Tick­ets will be cheaper by the amount of the re­duc­tion of third­party levies that ex­ist in coastal ship­ping tick­ets,” said Dia­man­tidis. “With the pub­lic in­ter­est in mind, the gov­ern­ment will im­me­di­ately go ahead with abol­ish­ing all those taxes that date from the past, while the com­pa­nies have promised not to in­crease their profit mar­gins from this re­duc­tion,” he added.

Coastal ship­pers were pos­i­tive about the fore­seen end to third­party levies, as it had long been one of their main de­mands from the state, but stress that any re­duc­tion in fares should take into ac­count the cur­rent price of fuel.

Among all Euro­pean Union coun­tries, Greece has the most nu­mer­ous and high­est (as a por­tion of the fare) third-party levies in pas­sen­ger tick­ets, amount­ing to 30 per­cent, com­pared to 8 per­cent in Spain, 5.5 per­cent in France and 10 per­cent in Italy.

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