€730 Million in EU Funds Earmarked For Thessaloniki Metro

Thessaloniki Metro

GTP (Greek Travel Pages) reports that the European Commission has greenlit €1.3 billion for infrastructure projects in Greece out of their Cohesion Policy funds. Over half that money, some €730 million, has been earmarked for the extension and completion of the Thessaloniki Metro. €407 million will go towards the completion of the main line, which includes new tunnels, renovations of stations, and 24 trains, while €323 million will be spent on an extension to Kalamaria. The Thessaloniki Metro Project resumed work in March, 2016, after a 4-year delay because of legal and financial problems.

Other projects on tap include broadband for rural Greece (€51 million), projected to be online by 2020, and €261 million for the extension of Athens Metro Line #3 south from Agia Marina through Agia Barbara, Korydallos, Nikaia, and Maniatika to Piraeus, and €58 million for the construction of a tramway in Piraeus with 13 stations. Another €18 million is slated for an automatic fare collection system in Athens with the aim of making boarding easier and elimination fare evasion.

Additionally, €50 million will go towards the improvement of the Patras-Athens rail line. Other project slate are an upgrade to the waste management system of Attiki, an upgrade of Thesaloniki’s Ring Road, and the completion of the roadway between Kastoria/Krystalopigi which leads to Korce, Albania.