Greek Prime Minister Kyriakos Mitsotakis on Wednesday morning offered another apology, on behalf of his government and personally, in the wake of major traffic problems created by an intense – but more-or-less forecast – snowstorm on Monday throughout the greater Athens area.
The apology, the second in a span of roughly six months, with the first “mea culpa” coming amid the devastating wildfires last summer, came as thoroughfares around greater Athens slowly began to open up on Wednesday. Heavy snowfall in a very short period of time stranded thousands of vehicles – practically all without snow chains or special tires – on roads. Beyond the state’s and regional authority’s responsibility, some 1,100 vehicles and 3,500 people were stranded on the Attiki Odos tollway, where a private company exploits and manages the 70-kilometer highway that arcs around the Greek capital and connects to the Athens International Airport (AIA).
The government demanded and received a commitment for a 2,000-euro compensation, per vehicle, stranded on the tollway. A 1,000-euro compensation payment was promised by the rail operator, FS-controlled Trainose, to train commuters also stuck for hours stranded trains.
Speaking during a Cabinet meeting, Mitsotakis said the tollway concessionaire will face more repercussions as a result of Monday’s debacle.
At the same time, he admitted that the storm front, code-named “Elpis” (Greek for, of all things, “hope”), caused the absolute interruption of road transportation in the greater Athens area.
On the bright side, compared to similar such snow storms, power outages were reportedly fewer this time. One reason cited, ostensibly, is that the grid and power transmission operators, as well as local municipalities, has made progress in cutting tree branches in order to avoid downed electricity lines.
Latest News
Greek Household Deposits Up for Seventh Consecutive Year
This is attributed to a rise in disposable income for individuals, which in turn is associated with a drop in unemployment and a steady uptick in wages
BoG: Greek Tourism Soars – 33mln+ Foreign Tourists Jan.-Oct. 2024
Despite this surge, the average expenditure per visitor decreased by 2.5% compared to last year, standing at €589.5
Piraeus Bank: Greek GDP to Grow at Nearly 2% in 2025
Greece’s real GDP in the first nine months of 2024 increased by 2.3% on a year-on-year basis
PDMA: Greece’s Funding Needs at 15.3 bln€ For 2025
According to PDMA, the country’s total financing needs, year-on-year, are below the 10% of GDP threshold
PDMA: 6-Month Treasury Bill Yield Set at 2.61%
The auction was conducted through the Primary Dealers, with the settlement date scheduled for Friday, Dec. 27, 2024
BoG Gov Stournaras Calls for Immigration and Economic Reforms to Tackle Workforce Shortages
Stournaras categorically stated that reducing VAT on food will not solve the problem of high prices
Construction of Crete–Attica Electrical Interconnection Completed
The Crete-Attica electrical interconnection is expected to be operational from spring of 2025. It's budget exceeds €1.1 billion and has a capacity of 1,000 megawatts
Fraport Greece Unveils €600M Investment Plan to Upgrade Regional Airports
Fraport Greece ’s positive strategy is evident in its 2024 results, with the company having achieved a new record of 36.5 million passengers, an increase of 6% compared to the last year
Hate and Fear: The Magdeburg Tragedy and its Political Fallout
Security agencies appear overwhelmed, lacking clear criteria for identifying threats. The Magdeburg attack is a catastrophe for an already unsettled country.
PM Mitsotakis Discusses EU Defense, Security at North-South Summit
Hosted in Lapland, Finland, which shares a 1,300 km border with Russia, the summit brought together South and North European leaders to discuss security, defense, and migration