Attiko Metro, the underground fixed rail operator in the greater Athens area, has signaled a new 682-million-euro contract to extend Line 2, westward, with the construction of another three new stations.
An invitation for an expression of interest cites an extension by four kilometers of Line 2 towards the working-class municipality of Ilion, and three new stations: Palatiani, Ilion and Aghios Nikolaos, as well as a new transit station and expansion of a depot at the Elaionas site.
An additional 50,000 passengers a day are expected to be added to the metro network with the line extension.
A tender provision cites completion in 57 months from the day a contract is signed.
A deadline for expressions of interest is Feb. 28, 2023.
Latest News
Govt Announces More Regulations For Short-Term Rentals
This legislation will impose new obligations on property owners offering AirBnB-like leasing, mostly conditions related to health, safety and operational guidelines
Ellinikon: Major Real Estate Investment By Prokopiou Family
Lamda Development cited a consideration of 150mln€ for the land transaction with a Prokopiou -owned company, with a total investment billed at half a billion
Commission Pres. Unveils New EU Lineup, Tzitzikostas among Appointees
Additionally, she pointed out the gender balance in her team, with 11 women making up 40% of the European Commissioners, though she remarked that when the initial nominations were submitted, the figure stood at just 22%.
Greece Launches Startup Visa to Boost Foreign Investment and Tech Talent
The program is anticipated to attract investors as the investment required for the Startup Visa is significantly lower, compared to the 400,000 euros necessary for the acquisition of the Golden Visa.
Greek Economy Expands 2.3%, Boosting Growth Outlook Through 2028
For 2024, the growth rate of the Greek economy is now expected to reach 2.14%, up from the previous estimate of 2.09%
Greece Introduces Cruise Passenger Levy, Tightens Rules on Short-Term Rentals
Specifically, the minister announced a cruise passenger levy of 20 euros per person disembarking at the ports of Mykonos and Santorini, and 5 euros at other Greek ports, applicable from June 1 to Sept. 30
Cyprus Set to Decide on GSI Energy Interconnection Project
The Cypriot cabinet is set to decide on the agreement tomorrow, with President Christodoulides expected to convey the positive decision to Greek Prime Minister Kyriakos Mitsotakis during his visit to Athens on Thursday, September 19.
Bank of Greece: Apartment Rents Continue to Rise
The central bank reported that, on the whole, apartment rentals rose at an annual rate of 13.8% in 2023, compared to 11.9% in 2022.
Greek Government Weighs Freeze on Property Tax Values to Tackle Housing Crisis
Another increase in tax values to match current market levels would likely trigger a further spike in real estate prices, exacerbating the already severe housing problem.
European Governments Sell Bank Shares, Recovering a Fraction of Bailout Funds
The Greek government, as noted by the Financial Times, provided 50 billion euros to the country’s four largest banks during its prolonged debt crisis