Friday August 1, 2014 Search
Weather | Athens
31o C
24o C
News
Business
Comment
Life
Sports
Community
Survival Guide
Greek Edition
Restarted highways see revenues from tolls

Revenues from toll charges on four major highways on which construction had ceased for two years before recommencing recently, came to 1.25 billion euros in the 2008-2013 period, Transport Minister Michalis Chrysochoidis has told Parliament.

Chrysochoidis, responding to a question by an Independent Greeks MP on the gains being made by highway constructors and operators, was the first transport and networks minister to present a comprehensive list of revenues from tolls, whose increase over recent years has sparked widespread controversy.

According to the data presented to the House, Nea Odos SA saw the biggest toll revenues in 2008-2013 of the four highways that have recently restarted, reaching 452 million euros. Olympia Odos generated 445.2 million euros in the same five-year period, Aegean Motorways 324.5 million euros and Kentriki Odos 33 million euros.

Meanwhile, by the end of 2015 when the construction on the four highways is slated to end, Nea Odos will have received a total in state subsidies and claims of 745 million euros. That figure will come to 1.17 billion euros for Olympia Odos, 960 million euros for Aegean Motorways and 800 million euros for Kentriki Odos.

Assuming steady toll revenues and the funding and claims, the four projects will have received around 5 billion euros by the end of 2015.

ekathimerini.com , Saturday March 15, 2014 (17:37)  
Large fire breaks out near Corinth
Jean-Claude Juncker to make first official visit to Athens on Monday
Britons stranded at sea off Zakynthos towed to safety
Human rights watchdog criticizes decision to file Farmakonisi case
Greek bond yields dip as investors anticipate ratings upgrade
Greek bond yields slipped on Friday, slightly outperforming other lower-rated euro zone bonds as investors anticipated a credit ratings upgrade from Moody's later in the day. Moody's has an ...
Greek exporters worried about impact of Russia sanctions
The Panhellenic Exporters Federation (PSE) has warned the European Commission against the impact of European sanctions against Russia on Greece's exports. The European Union on Tuesday agree...
Inside Business
SOCCER
One win and one loss in Europa League
Greece had a hit and a miss in the first-leg games for the third qualifying round of the Europa League on Thursday, as Atromitos scored a 2-1 win at Sarajevo while Asteras Tripolis lost 1-0 ...
SOCCER
Goalless draw at Liege puts Greens in driving seat
Panathinaikos got the upper hand in the battle for entry to the Champions League playoffs after snatching a goalless draw at Standard Liege on Wednesday. If anything, the Greek cup holders m...
Inside Sports
COMMENTARY
In trying to conquer, Putin unites Europe
President Vladimir Putin is obliged to feign indifference to the sanctions that the European Union and the United States imposed on Russia this week. But, being the player that he is, he mus...
EDITORIAL
Our own worst enemies
A new study has come to exemplify the cliche notion that Greeks find it easier to excel abroad, where they fare much better than they do at home. According to research by epidemiologist John...
Inside Comment
SPONSORED LINK: FinanzNachrichten.de
SPONSORED LINK: BestPrice.gr
RECENT NEWS
1. Large fire breaks out near Corinth
2. Jean-Claude Juncker to make first official visit to Athens on Monday
3. Britons stranded at sea off Zakynthos towed to safety
4. Greek bond yields dip as investors anticipate ratings upgrade
5. Human rights watchdog criticizes decision to file Farmakonisi case
6. Greek exporters worried about impact of Russia sanctions
more news
Today
This Week
1. Greece evacuates embassy staff, foreign nationals from Libya
2. Greek exporters worried about impact of Russia sanctions
3. Greek bond yields dip as investors anticipate ratings upgrade
4. Human rights watchdog criticizes decision to file Farmakonisi case
5. Britons stranded at sea off Zakynthos towed to safety
6. Jean-Claude Juncker to make first official visit to Athens on Monday
Today
This Week
1. Wine cup used by Pericles found in grave north of Athens
2. Quadriplegic woman on life support 'dies due to unpaid power bills'
3. Defense Minister Avramopoulos to represent Greece at European Commission
4. Worlds largest solar boat on Greek mission
5. Greece names fifth privatization agency chief in four years
6. What lessons can we draw from antiquity?
Find us ...
... on
Twitter
... on Facebook
About us  |  Subscriptions  |  Advertising  |  Contact us  |  Athens Plus  |  RSS  |   
Copyright 2014, H KAΘHMEPINH All Rights Reserved.