Car scrappage scheme postponed for 2020

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Car scrappage scheme postponed for 2020
 © CyprusMail 2020
The government on Thursday announced that the car scrappage scheme announced earlier this year was being cancelled, citing the economic impact of the coronavirus on the state budget.

The announcement follows a briefing by the finance ministry according to which the release of the budget concerning the car scrappage scheme and the promotion of electric vehicles is not foreseen within 2020.

The scheme, which was to issue grants to those who scrap their old cars to buy new ones, or new electric ones, was postponed last May and was to be reassessed at...


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This article was automatically added to our system 10-7-2020

Car scrappage scheme postponed for 2020


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