The government is poised to redesign the country’s ferry routes as of the 2013-2014 period, sources said Monday, with the introduction of a new authority.
The Ports Regulatory Authority will group routes according to regions that include unprofitable and subsidized lines. It will then issue international tenders per region.
Sources said the new system aims to improve services and save the state money, as subsidies will be lower.
According to ferry operators’ data, the industry lost more than five million passengers in the 2009-2011 period and more than 1.5 million vehicles. The trend continued in July, when passenger traffic dropped to 930,300 from 1,125,050 in the same month last year.
A bomb went of on the street where the Greek embassy in Tripoli, Libya, is located but the building was not damaged and there were no injuries, the Foreign Ministry said on Saturday.
"This l...
Any Chinese person investing more than 250,000 euros in real estate in Greece will be given a five-year residence permit without having to fulfill any other criteria, Prime Minister Antonis ...
The start of the Super League playoffs for Greece’s second spot in next season’s Champions League has complicated things, as the teams that started as underdogs beat the favorites at home on...
AEK Athens said on Tuesday it was preparing to declare bankruptcy and seek relegation to the third division.
AEK was relegated from the Super League for the first time in its 89-year history...
The gradual arrival of summer usually brings a sense of well-being and this year it seems to confirm the belief that Greeks are beginning to change their stance toward their new state of bei...
The events that unfolded in Parliament on Friday, when a Golden Dawn deputy was ejected for hurling insults at his peers, should be a cause for serious concern regarding the direction that t...
