ECONOMY

Ferry firm cancels routes as cannot buy fuel

The shipping firm NEL Lines, of the eastern Aegean island of Lesvos, said on Wednesday that it was suspending all routes indefinitely due to a lack of funding to procure fuel.

According to a statement by the company, it is owed 8.8 million euros by the state for running routes connecting major ports with remote islands.

Sources at the firm indicated that if NEL Lines is not reimbursed, it will sue for damages.