Cyprus unveils airline and hotel wage support to keep island connected during Middle East crisis
The Cypriot cabinet has approved an eight-point package that will subsidise airline operations and cover 30 % of hotel wages for April, while also cutting fuel taxes and extending reduced VAT on electricity. The goal is to keep flights and tourist demand stable as regional conflict and higher energy prices threaten the island’s connectivity. Businesses reliant on travel and assignments to Cyprus should benefit from sustained air capacity and potentially softer hotel rates, although fuel-tax relief is time-limited.
Mar 27, 2026
