Greek PM Kyriakos Mitsotakis continued a tour of northern Greece on Monday, with his itinerary closely resembling a pre-election campaign, as general elections are due in the first half of 2023.
Among others, he said a major highway overpass on Thessaloniki’s ring road, scheduled for completion in 2026, will be inaugurated by a New Democracy (ND) government, signaling his confidence that the ruling party he heads will win the upcoming battle at the ballot box.
The contract for the project was signed on Monday, with a construction budget set at 373.2 million euros, was awarded to the preferred bid submitted by a consortium comprised of Avax and Mytileneos Group, which will also maintain the infrastructure for another 26 years. He also referred to a first-ever project of this size implemented through a Public-Private Partnership (PPP) scheme.
Earlier, Mitsotakis toured the new museum at the Royal Macedonian Tombs of Aigai, at the iconic Vergina site, along with a reconstructed bridge over the Aliakmonas River.
Referring to progress of works for the long-delayed inaugural metro line in Thessaloniki, Mitsotakis said the city – among the few urban areas in the EU with a population of more than one million residents without a metro – will have both a new subway and its subterranean antiquities in place by the end of 2023 or the beginning of 2024.
Latest News
Greek FinMin Says Digital Work Card Tackling Undeclared Work
Greece's recently launched digital work card aimed at tackling undeclared labor has already started to produce results, said Economy and Finance Minister Kostis Hatzidakis
MSC Cruises: More than 400 Visits to Nine Greek Destinations
MSC Cruises, a subsidiary of international shipping line Mediterranean Shipping Company S.A, will be sailing to Greek ports as of this month, expanding operations in the region year-round
Eurostat: Greece Among Cheaper Hourly Labor Cost Zones
In contrast, the countries that posted the highest hourly labor costs are Luxembourg (53.9 euros), Norway (51.9 euros), Iceland
GSEVEE: Economic Sentiment Indicator in Greece Down in Q2 2023
The drop follows a significant uptick in the ESI in the second half of 2022 (69.5 units) and a slight decline in the first half of 2023 (66.7 units)
Manpower Report: Sectors in Greece that Have Achieved Full Gender Equality in the Workplace
Greece surpasses this with 45%, showcasing progress but also room for improvement. Sectors like Consumer Goods and Services lead with 69% reporting full equality globally
Bank of America (BofA): Three Reasons Greek Economy Outperforms EC Average
BofA projects growth of 1.1% in 2024 and 1.7% in 2025, compared to forecasts for eurozone growth at 0.4%/1.1%, respectively
UniCredit: Greece’s Economy Set to Regain Momentum
This projection is based on the understanding that certain factors that hindered growth in the latter part of the preceding year, such as flood-related agricultural losses, abrupt adjustments in housing investments, and postponed public projects, were temporary setbacks
Council of the EU Adopts Environmental Crime Law
The law aims to improve the investigation and prosecution of environmental crime, to define new types of criminal offenses, and to harmonize penalties to individuals and legal persons
Banks: Changes in Transactions Due to Catholic Easter
In terms of financial obligations, those expiring on March 29 must be settled by March 28. Deposits made after March 28 will reflect in records starting from April 2. These alterations extend to payroll as well
EUROSTAT: Greece 2nd Place for Number of Asylum Apps in 2023
Approximately 1,048,900 non-EU citizens made first-time asylum applications for international protection in the EU, which was 20% higher than 2022