ECONOMY

Cruise sector opening up

Greece will soon see the full liberalization of the cruise industry for non-EU-flagged ships, new Deputy Development Minister Adonis Georgiadis, who is responsible for merchant marine affairs, said on Monday.

This grants the sector a great deal of relief as the delay seen in promoting the opening up of the sector in Greece had led to a number of operators leaving the country out of their schedules for 2012.

Georgiadis also pledged to promote legislation allowing the presence of armed guards aboard Greek-flagged vessels in order to fend off piracy attacks.

“Our aim is to attribute more quality to Greek shipping so as to make the most of the investment potential it offers,» the deputy minister said. He has planned meetings with the associations of shipowners and sailors.