
Time is running out for the elevated Eastern Ring Road of Thessaloniki, now known as Flyover, with the completion of the competitive dialogue. Just four months after the start of the second phase of the process, with the presence of all the five bidders for the project, amounting to 462 million euros, the tender is nearing completion. The next step is to announce the date on which the participants will submit the technical and the financial bids.
The goal of the Ministry of Infrastructure and Transport is for the contractor to be announced within this year, so that the project to be signed in early 2022 and to start in 2023. Of course, it all depends on whether or not there will be obstacles that will slow down the progress, such as the judicial ones.
The completion of the dialogue phase was sealed with the decision of the Minister of Infrastructure and Transport, Mr. Kostas Karamanlis. This decision announces the end of the process and the end of the stage B.I-Dialogue of the 2nd Phase of the Tender for the award of Public Partnership Contract and Private Sector for the project “Upgrading of the Eastern Inner-Regional road of Thessaloniki through PPP.”
However, until today, the project that joined the Public-Private Sector Partnerships on 15/7/2020 and was announced in mid-September of the same year, has progressed at an unprecedented pace for the Greek standards.


Latest News

Greece Defines Continental Shelf Limits and Maritime Zones in Landmark EU Document
The Maritime Spatial Planning (MSP) framework represents a comprehensive approach to spatial planning and is crucial for the successful development of a blue and circular economy

EU Praises Greece’s RRF Progress as Revised Recovery Plan Nears Completion
Athens is preparing to submit its revised “Greece 2.0” Recovery and Resilience Plan after Easter, with a slight delay from the initial timeline but with the European Commission’s approval.

Greek €200M 10Y Bond to be Issued on April 16
The 3.875% fixed-interest-rate bond matures on March 12, 2029, and will be issued in dematerialized form. According to PDMA, the goal of the re-issuance is to meet investor demand and to enhance liquidity in the secondary bond market.

German Ambassador to Greece Talks Ukraine, Rise of Far Right & Tariffs at Delphi Economic Forum X
Commenting on the political developments in his country, the German Ambassador stressed that it was clear the rapid formation of a new government was imperative, as the expectations across Europe showed.

Athens to Return Confiscated License Plates Ahead of Easter Holiday
Cases involving court orders will also be excluded from this measure.

Servicers: How More Properties Could Enter the Greek Market
Buying or renting a home is out of reach for many in Greece. Servicers propose faster processes and incentives to boost property supply and ease the housing crisis.

Greek Easter 2025: Price Hikes on Lamb, Eggs & Sweets
According to the Greek Consumers’ Institute, hosting an Easter dinner for eight now costs approximately €361.95 — an increase of €11 compared to 2024.

FM Gerapetritis Calls for Unified EU Response to Global Crises at EU Council
"Europe is navigating through unprecedented crises — wars, humanitarian disasters, climate emergencies," he stated.

Holy Week Store Hours in Greece
Retail stores across Greece are now operating on extended holiday hours for Holy Week, following their Sunday opening on April 13. The move aims to accommodate consumers ahead of Easter, but merchants remain cautious amid sluggish market activity.

Green Getaway Ideas for Easter 2025 in Greece
Celebrate Easter 2025 in Greece the sustainable way with eco-farms, car-free islands, and family-friendly getaways rooted in nature and tradition.