In what is being seen as a giant step forward, Cyprus is set to be ‘remade’ in the coming years through €1 billion in grants – not loans – from the European Recovery Plan, according to documents seen exclusively by the Cyprus Mail.

A series of green incentives rewarding those actively taking steps to support the transition to a zero-carbon future is currently been finalised and will be launched later this year, the deputy shipping ministry announced on Thursday.

Nine cruise ships from Carnival cruise line and their sister companies are currently anchored off Limassol, after journeys were cancelled due to coronavirus restrictions and lockdowns, the Limassol port chief Panayiotis Agathocleous said on Wednesday.