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

  • Has the promised investment happened?
    July 10, 2012
    At the end of 2008 and the start of 2009, the world's banking system spiralled into crisis, triggered by a series of catastrophic blunders caused by bankers trying to create money from nothing. The result was to plunge the world's economy rapidly into recession. Having proved in effect that lead cannot be turned into gold, the bankers retired on fat pensions leaving governments to pledge huge sums to the banks and fill in the financial gaps.
    Read More
  • Residents near Mersey Gateway Bridge to get up to 300 free journeys a year
    December 12, 2013
    Halton Borough Council has revealed that all eligible residents within the North West England borough will receive up to 300 free journeys per year when the new Mersey Gateway Bridge between Runcorn and Widnes and the current Silver Jubilee Bridge become tolled in 2017. The scheme, expected to revitalise an area hit hard by the ongoing tough European economic climate, was approved at a full Halton Borough Council meeting last night (11 December 2013).
    Read More
  • US$ billions for Ivory Coast road expansion programme
    March 14, 2024
    Ivory Coast is investing US$ billions for its road expansion programme.
    Read More
  • Nepal plans road infrastructure expansion
    March 12, 2014
    Major road expansion is planned for Nepal, but will face huge challenges due to the country’s geography - Mike Woof reports, with local information from World Highways' Nepal correspondent, Ram Krishna Wagle The tiny, landlocked nation of Nepal lies sandwiched between two of the world’s largest countries, China and India and maintains good relations with both. Politically Nepal has strong links with China, while culturally its ties are close with India and these relationships work both ways. Despite bein
    Read More

Highlighted Content