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

  • High fuel prices impact on global trade
    February 27, 2012
    Official statistics can often reveal the blindingly obvious to anyone with the remotest level of common sense. A report from the UK's Office for National Statistics presents a fine example, stating that fewer journeys were made during the recession.
    Read More
  • Increased infrastructure spending
    February 22, 2012
    With economies booming in the BRIC countries and other regions, spending on infrastructure is at a high - Patrick Smith reports As economic crisis grips much of the world, many countries are still spending billions on infrastructure to improve transportation. While the USA and Europe struggle with debt problems (and this has affected much of the rest of the world) the development of highways, airport, ports and other infrastructure is gathering pace in other regions to boost economic developments.
    Read More
  • Innovative financing mechanisms for sustainable roads funding
    July 5, 2016
    Francesco Micci discusses innovation in funding methods All countries need an efficient and extended road transport system to sustain both the social development and the economic competitiveness. The latest trends show that the demand for road infrastructure is constantly growing, despite the negative impact of the financial and economic crisis on public and private financing. Global spending regarding road transport infrastructure actually accounts for roughly US$580 billion worldwide, and is projected
    Read More
  • India’s infrastructure programme continues
    October 26, 2020
    The Indian Government continues to show high levels of aggressiveness for developing its road infrastructure.
    Read More

Highlighted Content