The Greek Minister of Maritime Affairs and Insular Policy, Vassilis Kikilias, made clear that no ferry company has raised ticket prices—and none is expected to do so through the end of the year. His statement, on May 20, comes amid prior warnings from the market that prices would rise by 13% to 15% from May 1.
To prevent this, the government took preemptive measures, notably introducing legislation in Parliament to cut port fees by 50%. The move was aimed at easing cost pressures on ferry operators and avoiding a burden on consumers—especially middle-income households and families.
This policy appears to have had the intended effect. Not only have ferry prices remained stable, but some operators—particularly those running high-speed vessels—have responded by slashing fares. Announced reductions of up to 32% apply across all destinations for economy-class passengers, with special consideration for groups and families of three or more.
Kikilias emphasized that the government’s strategy is focused on supporting the country’s productive backbone—the small, the medium-sized, and the many. This, he noted, aligns with a broader vision of inclusive economic support and regional cohesion.
Within the framework of open-market competition, the minister expects additional discounts on conventional ferry routes, similar to those offered during the Easter period.
Currently, around 34 million ferry tickets are issued annually, with the vast majority purchased by Greek nationals. Strengthening this domestic market, Kikilias asserted, is a government priority.
Addressing the issue of transport subsidies, the minister confirmed that his ministry has coordinated with the Finance Ministry to reintroduce the “transport equivalent” scheme.
Τhis measure will allocate 40 million euros in May to island residents and local businesses. The initiative aims to reduce travel costs and enhance connectivity—supporting what the minister described as a key national advantage: island life and mobility.
