The European Commission on Thursday approved a €6.3 million incentive scheme aiming to boost Cyprus air connectivity and tourism through incentivizing airlines affected by the coronavirus outbreak to re-establish air routes to and from the island.

Wizz Air inaugurated on Wednesday its 28th base at Larnaca airport while a third aircraft is expected to start flights from Cyprus in August.

Cyprus will follow the same three-pronged strategy for the recovery of the local economy that was adopted after the financial crisis of 2013, Finance Minister Costantinos Petrides said on Tuesday.