Sunday November 23, 2014 Search
Weather | Athens
18o C
10o 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)  
Cyprus on agenda in Biden visit to Istanbul
PASOK nixes Papandreou leadership challenge
Troika tests govt nerves as budget rift persists
Climate change to hit farming, Greek coastline
Fitch keeps Greek rating at B, outlook stable
Fitch Ratings retained Greeces sovereign credit rating at B and its outlook as stable late on Friday but warned of a downgrade should snap elections prove inconclusive or negotiations wit...
More cash for banks with same papers
Greek banks will be able to draw additional liquidity from the European Central Bank after Frankfurt issued a guideline on Friday that revises the haircut applying to securities issued or ...
Inside Business
INTERVIEW
Tokyo hopes to change the world
The 2020 Summer Olympic and Paralympic Games in Tokyo will serve as a springboard for the rebuilding of Japans image and economy following the triple blow of the earthquake, tsunami and nuc...
BASKETBALL
Big win for Greens, tight one for Reds
Panathinaikos scored a crucial as well as emphatic away win at Turow on Thursday that should see it qualify from its tough group to the top 16 of the Euroleague, while Olympiakos saw off vis...
Inside Sports
COMMENTARY
Is Europe paying attention?
Barack Obama brought hope to the entire world when he was elected president of the United States in 2009 and then again in 2012 for a second term. During his first visit to Europe, marked by...
EDITORIAL
A reasonable agreement
Greece cannot and should not allow itself to be left without a safety net to make up for any funding needs that may crop up after the end of the year. Without such protection it would be at ...
Inside Comment
SPONSORED LINK: FinanzNachrichten.de
SPONSORED LINK: BestPrice.gr
RECENT NEWS
1. Cyprus on agenda in Biden visit to Istanbul
2. PASOK nixes Papandreou leadership challenge
3. Troika tests govt nerves as budget rift persists
4. Climate change to hit farming, Greek coastline
5. Piraeus nightclub shooting leaves 3 seriously injured
6. London court to rule on extradition of former judge
more news
Today
This Week
1. PASOK nixes Papandreou leadership challenge
2. Piraeus nightclub shooting leaves 3 seriously injured
3. Climate change to hit farming, Greek coastline
4. Fitch keeps Greek rating at B, outlook stable
5. Cyprus on agenda in Biden visit to Istanbul
6. Troika tests govt nerves as budget rift persists
Today
This Week
1. Double quake on Atalanti fault line rattles Greek capital [Update]
2. Greece and Poland switch roles as young Greeks head to vibrant Eastern European country for better prospects
3. Anti-junta uprising anniversary to be marked amid tight security
4. Biden heads to Istanbul amid tension over Cyprus EEZ violation
5. Carlsberg takes control of Greek brewer Olympic Brewery [Update]
6. Every age has its collaborators
Find us ...
... on
Twitter
... on Facebook
About us  |  Subscriptions  |  Advertising  |  Contact us  |  Athens Plus  |  RSS  |   
Copyright 2014, H KAΘHMEPINH All Rights Reserved.