Financial Mirror (Cyprus)

Cabinet gives green light for Cyprus-Greece ferry link study

-

The Cabinet has given the green light to the Deputy Shipping Ministry to conduct a study which will identify ways of financing the reinstatem­ent of a ferry link between Cyprus and Greece that was discontinu­ed in 2000.

In statements after Thursday’s cabinet meeting, Deputy Minister Natasa Pilides said the government has backed a study concerning the operation of a ferry link between Cyprus and Greece.

She said that the possibilit­y of connecting the two EU countries with a passenger ferry link is considered to be beneficiar­y, both for people with a phobia of flying and for the further developmen­t of tourism in Cyprus.

“Therefore, a study will be undertaken to identify the best way to cover the funding gap likely to be created with such a link. It will be examined by the Council of Ministers and then a formal request will be submitted

Commission for

Pilides said.

Asked when she expects an outcome on the issue, Pilides stressed that this will be a long process as the matter will have to be looked into by the European Union.

Resumption of the ferry service was put back on the agenda after DISY MPs Nicos Tornaritis and Annita Demetriou tabled the matter for discussion in parliament to exert pressure on the government­s of Cyprus and Greece to revive the sea link.

Tornaritis and Demetriou argue that the link is of the utmost importance as it would create new prospects for further developmen­t of trade relations between Cyprus and Greece, as well as promoting Cypriot trade and exports to the rest of Europe. They are confident that renewed efforts will not have the same fate as previous ones that drowned in the water.

to the

the relative European funding,”

Newspapers in English

Newspapers from Cyprus