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Daleela Ferry Resumes Cyprus-Greece Route in 2025: Navigating New Horizons

by News Editor

May 30, 2025

Setting Sail Again: The Daleela Ferry Connects Cyprus and Greece

The Daleela ferry is back on the waves, resuming its pivotal route between Cyprus and Greece this Saturday from Limassol to Piraeus. Embarking on the first of 22 planned crossings this summer, this maritime service is now entering its fourth season, an enduring link in Mediterranean travel.

A Key Initiative for Connectivity

This service reactivation comes on the heels of an announcement by Deputy Minister of Shipping, Marina Hadjimanolis, alongside Scandro Holding Ltd, continuing a government partnership until 2027. This vital route is more than just transport; it’s a lifeline for those who find flying challenging due to various reasons such as age or medical issues. According to Minister Hadjimanolis, “It’s classified as a service of general economic interest, with €5.5 million annual support.”

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Strong Demand Sets Sail

The vessel will carry 187 passengers, 66 vehicles, 36 motorcycles, and 8 pets. Demand is robust, with over 6,500 tickets already sold and full booking for August, while opportunities for travel still exist in June and July. The season finale is slated for September 2 from Piraeus.

A Steady Rise in Popularity

Operated under a €15.6 million contract awarded in 2022 to Scandro Holding Ltd—a joint venture between Limassol-based Acheon Akti Navigation and Nicosia’s Top Kinisis Travel—the ferry’s popularity is clear. Over the last three years, 22,582 passengers, 7,641 vehicles, and 772 pets have used this service. As Scandro director Charalambos Manoli notes, “The ferry shows how much people embrace this service. Our aim is to enhance both the journey and the service each year.”

Challenges and Hopes for the Future

The ferry presents a valuable alternative for travelers, ensuring ease for families, the elderly, and pet owners who may not wish to fly. Some logistical issues remain, particularly related to land transfers within ports, yet the overall reception is promising. Hadjimanolis hopes the maritime industry will continue the route post-subsidy, envisioning it as a stepping stone for additional links in the region.

Interested in how Cyprus is optimizing for growth? Check out how the labor market is advancing.

The Future Forbes Realty Global Properties

Eurobank Wins Two Euromoney Awards Following Cyprus Merger

Eurobank has been named Cyprus’ Best Bank for 2026 by Euromoney, while also receiving the award for Best Bank for Large Corporates at the publication’s latest Awards for Excellence.

Merger Marks A Milestone

The awards recognise the bank’s performance during 2025, a year marked by the completion of the legal merger between Hellenic Bank and Eurobank Cyprus. The transaction created Eurobank Limited, which the group says is now Cyprus’ largest banking and insurance organisation, with assets exceeding €28 billion.

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Euromoney’s Awards for Excellence evaluate banks’ performance over the previous calendar year, with this edition covering January 1 to December 31, 2025.

Lending, Customers And Digital Growth

Eurobank said its business lending portfolio expanded by around 17 per cent during 2025, while its customer base grew to more than 710,000 retail clients and 11,500 business customers.

The bank also continued its digital expansion, saying more than 96 per cent of transactions are now completed through digital channels, and most financing applications are submitted via its mobile app.

Expanding International Presence

Eurobank also highlighted the opening of its first representative office in India, describing the move as a step toward strengthening business links between Cyprus and India while supporting Cyprus’ role as a gateway to the European Union for Indian businesses and investors.

According to the bank, Euromoney recognised not only the successful completion of the merger but also its lending growth, digital transformation and contribution to Cyprus’ position as an international business and investment hub.

CEO On The Awards

“The Euromoney awards confirm Eurobank’s strong momentum and the successful implementation of our group’s strategy in Cyprus,” Chief Executive Michalis Louis said.

He said the merger strengthened the bank’s ability to support households, businesses and the wider economy, while highlighting continued investment in digital services and the opening of the representative office in India as key milestones during the year.