COVID19: EU gives Cyprus go-ahead to attract airlines

Click For Larger Image & Read More
COVID19: EU gives Cyprus go-ahead to attract...
 © FinancialMirror 2020

Brussels has given Nicosia the green light to help out coronavirus-struck airlines flying to Cyprus with a €6.3 mln incentive scheme.

The Ministry of Transport announced on Thursday that the state incentive scheme was approved under the European Commission’s state aid temporary framework.

Under the scheme, Cyprus will be giving out each company direct grants of up to €800,000 which “will be accessible in a transparent manner to all interested airlines operating routes to and from Cyprus,” the...


Read all latest: Cyprus Coronavirus News Updates - Live

This article was automatically added to our system 2-7-2020

COVID19: EU gives Cyprus go-ahead to attract airlines


The contents of this article including any associated images are © FinancialMirror 2020
Views & opinions expressed in this article are those of the author and/or FinancialMirror .

Advertise Here

  Trending Cyprus News

Advertise Here

Article Tags: covid19, gives, cyprus, ahead, attract, airlines,