ECONOMY

Ministry receives three binding offers to introduce e-ticketing on public transport

The Development Ministry has received three binding offers for a scheme to introduce electronic tickets on the Athens public transport network.

The ministry said on Monday that Intrasoft International-Intrakat, ATESE-METKA and Terna-LG CNS had submitted offers.

The government hopes that the scheme will help cut down on fare dodging, which is estimated to cost the Athens Urban Transport Organization (OASA) up to 37.5 million euros a year.