NEWS

Taxi and bus fares to increase next month

The cost of traveling by bus and taxi will rise by 5 percent next month, it was agreed yesterday, but cabbies vowed to press for further hikes in the near future. Transport Minister Costis Hatzidakis issued a statement saying that the price rises, which also affect the charges for deliveries made by tanker trucks, were agreed upon as a result of the spiraling cost of fuel. «The rise in fuel prices is creating an extra burden for all professionals in the transport sector,» said Hatzidakis. The measure means that the cost of KTEL intercity buses and taxis will increase as of May 19. Representatives of taxi driver unions said afterward that they were not particularly satisfied by the amount of the increase but would accept it for now. Cabbies had been pushing for an inflation-busting rise of more than 10 percent.