ECONOMY

Athens metro tickets to go down by 14 percent

The Infrastructures and Transport Ministry is set to announce on Monday a decrease, rather than an increase, to the price of public transport, along with an overhaul of the entire network in Athens.

The ministry and the Athens Public Transport Organization (OASA) have agreed to revert to the single-ticket policy for Athens public transport that was abolished in 2011. The idea behind the initiative is that passengers will no longer have to modify their transport needs due to costs. The objective is to bolster passenger traffic across all means of public transport and to reward regular users.

The current cost of a ticket for the metro and the electrical railway linking Kifissia with Piraeus is 1.40 euros and can be used on the other forms of transport as well, while the ticket for buses, trolley buses and the tram costs 1.20 euros. There will now be a single ticket for all public transport means that will cost 1.20 euros, which entails a 14 percent decrease on the price of the tickets for the metro and the electrical railway, partly thanks to the streamlining of the finances of the public transport companies.