Work on key road links to recommence in Greece?

Greece is again pushing for work on four motorway projects to recommence. The country is lobbying the EU for funding and assistance with restarting the projects as they will create up to 25,000 much-needed jobs, as Greece has been hit particularly hard by recession. The Greek Ministry of Development is hoping the work can start by April of this year. A major highway construction programme in Greece has seen the country benefit from a series of new tolled routes. However work on several of these stalled when
February 12, 2013 Read time: 1 min
Greece’s E65 highway is one of several new tolled routes in the country
Greece is again pushing for work on four motorway projects to recommence. The country is lobbying the EU for funding and assistance with restarting the projects as they will create up to 25,000 much-needed jobs, as Greece has been hit particularly hard by recession. The Greek Ministry of Development is hoping the work can start by April of this year. A major highway construction programme in Greece has seen the country benefit from a series of new tolled routes. However work on several of these stalled when the economic crisis hit and as the country’s desperate financial situation was revealed.

Related Content

  • Global credit squeeze impacts Australia's road construction
    July 13, 2012
    Roads Australia steps up in policy debate as road construction feels the pinch of the credit squeeze, as Mark Bowmer (RA media director) reports Like all markets around the world, Australia is feeling the effects of the global credit squeeze and its impact on the delivery of major infrastructure projects such as roads. In Sydney, for example, lack of funding (both from government and private sources) is seen as the major stumbling block to the construction of a much-needed eastern extension to Sydney's main
    Read More
  • Russia seeks outside investment in road building
    November 6, 2012
    The Russian road building industry is on the verge of big changes as it bids to improve quality and speed of construction says Eugene Gerden The Russian road building industry is on the verge of big changes as the national government considers creating conditions to attract foreign companies to build roads in the country. According to a recent order of President Vladimir Putin, due to poor quality and high cost of road construction, there is a need for the development of a mechanism to attract foreign compa
    Read More
  • TISPOL 2017: Europe’s road safety record suffers as austerity bites hard
    December 21, 2017
    Police budgets are being slashed, staff numbers are falling and Europe’s long-term trend towards ever-fewer road deaths has ground to a halt. Does Europe’s road network face a far more dangerous future? Geoff Hadwick reports from TISPOL 2017 in Manchester, UK. Europe’s road safety record is under threat. Lower and lower funding levels have become a very serious, and very worrying, problem for the EU’s traffic police bosses. They know that they must find new ways to focus road users on changing their beha
    Read More
  • Turkey is investing in new motorway and bridge projects
    May 29, 2013
    Turkey is benefiting from new motorway and bridge projects constructed along the BOT model - Gülay Malkoç. Looking at Turkey’s economic development, road construction plays a crucial role. The investment in Turkey is becoming increasingly attractive for both local and foreign investors. There are significant huge road investments and projects being made in Turkey at present, compared with EU countries where the roads need mostly repair and maintenance. According to the approach of Turkey’s Ministry of Trans
    Read More

Highlighted Content