
A reverse countdown for the debut of the first – and long-awaited – metro line in the northern city of Thessaloniki is expected to commence over the next few months.
Specifically, the period up until roughly April will witness the signing of a contract for the acquisition of 15 rail cars, tender bids for a public-private sector partnership contract for the underground rail system’s operation, and the first scheduled test run from the main Venizelos metro station.
The return and placement of antiquities discovered at the specific station, during extensive underground construction works, is also scheduled for April.
The entire metro line runs along a length of 9.6 kilometers, from a depot at the Pylea site to Thessaloniki’s new train station, with test runs currently conducted on only a portion of the single two-way line.
The original plan to build a metro line in Greece’s second largest municipality dates back decades, while the ongoing project was initially scheduled to finish in 2012, with successive years of economic downturn and political instability causing repeated delays.
Nevertheless, Thessaloniki’s underground is billed as far more innovative than the well-known and important greater Athens network, with automated rail cars to be used.
A timetable announced by Attiko Metro, the state-run company responsible for the development and construction of both the Athens and Thessaloniki networks, gives a completion deadline for all stations – sans Venizelos – by September 2023. A completion deadline for the Venizelos station is November 2023, followed by an eastern extension to the Kalamaria municipality in 2024.


Latest News

Greece’s Retail Sector Turnover Sees 2.4% Growth in 2024
Among the regions, the North Aegean recorded the highest turnover growth in 2024, with a 3.8% increase, followed by Attica with 3%.

Greece Reallocates Emissions Funds, Prioritizing Industry Over Consumers and Green Transition
Greece shifts €152 million in emissions funds to aid energy-intensive sectors like aluminum and steel at the expense of support for consumers, renewable energy and the green transition.

Santorini Tourism Union Demands Emergency Support Amid Cyclades Seismic Crisis
The Greek government is reportedly considering a mini support package for Santorini, to be activated if the island's seismic activity persists for an extended period.

Societe Generale Says Greek Stock Market Appealing
The French multinational bank and financial services company firm highlights notable differences in equity risk premiums between Eurozone core and peripheral countries

Greece a Safe Destination, Says Tourism Minister Kefalogianni
The Minister noted that Santorini was geologically unique, reassuring everyone that the Tourism Ministry was in close cooperation with experts to monitor the situation and take appropriate measures

Life Expectancy Rise in Europe Slows Down – Greece, UK Record Highest Declines: Lancet Medical Journal
Poor diet and lack of physical activity are seen as key factors contributing to the negative trend.

Capital Ship Management and Lloyd’s Register Complete the World’s First Tanker On-shore Power Supply Compatibility Assessment
This innovative project marks a significant step forward in the transition towards sustainable port operations

Greek Airports See 12.6% Surge in Passenger Traffic in January 2025
The steady extension of the tourist season is fueling optimism, highlighting Greece’s strong position as a top global destination

Greek Foreign Minister Gerapetritis to Meet U.S. Counterpart Rubio in the U.S.
Greek FM Gerapetritis will be in the U.S. to speak before the United Nations Security Council in New York on Monday and Tuesday, focusing on the war in Ukraine and developments in Syria.

National Bank of Greece (NBG) Stocks Remain Attractive: UBS
In this context, UBS maintains its “buy” recommendation with a price target of €11.20.