Uncertainty Facing the Cyprus-Greece Ferry Connection
August 12, 2026
The ferry connection between Cyprus and Greece has been labeled as 'unviable' by the CEO of Scandro Holding Ltd. Charalambos Manolis warns that without an extension of state subsidies, 2027 might be the last year for ferry services. However, the Audit Office believes that the state subsidy was higher than necessary. Low passenger demand and increasing fuel and carbon emission charges remain significant issues for the sustainability of the service. Improvements in demand are needed to ensure the connection's success.