April 30, 2020

The Hellenic Ministry of Shipping and Island Policy decided to provide more than EUR 33.7 million in liquidity to coastal shipping, as well as island entrepreneurship, in order to alleviate them from the Covid-19 pandemic.

Specifically, it was decided:

  • Support island businesses -eligible for the transport equivalent- with EUR 11,2 million.
  • An additional EUR 15 million has been secured to ensure maritime transport services to the island regions. Since the implementation of the relevant ministerial decision, EUR 3.5 million have already been contracted for the minimum shipping service of the island areas in 29 lines of the national and local shipping network.
  • Advance payment equal to 50% of the leases for public service contracts in coastal shipping for the months February, March and April. The Ministry estimates that this amount will reach EUR 7.5 million.