he funding for the renovation of 14 trains on Metro Line 1, which runs from Piraeus, the largest of Greece’s ports to Kifisia in the northern suburbs of Athens, has been approved by the European Commission following actions by the Ministry of Infrastructure and Transport.
The project amounts to 12.3 million euros, funded by the Cohesion Fund’s Operational Program for Transport Infrastructure, Environment, and Sustainable Development.
Modernization is expected to extend train lifespan by 25 years, enhancing passenger comfort and reliability for cost and time savings. The project will deliver significant environmental benefits, energy savings, and improved public transportation reliability.
Athens can look forward to less atmospheric pollution and lower noise levels thanks to the modernized trains and the upgrade of two energy recovery substations, as well as the installation of an energy recovery system from regenerative braking, technologies that will reduce energy consumption by 15%.
The funding priorities of the Cohesion Fund’s Operational Program for Transport Infrastructure, Environment, and Sustainable Development relating to transport include:
• Promoting the completion of part of the infrastructures of the core TEN-T (road and rail) and developing/improving the comprehensive TEN-T (with emphasis on road and rail, but also with focused interventions on ports and airports).
• Promoting combined transportation and the modernization of the transport system.
• Improving the safety of transportation.
• Developing and expanding sustainable and ecological urban transportation.
Source: tovima.com
Latest News
RES: Large Companies Buying PPAs in Greece
Power Purchase Agreements (PPAs) are long-term contracts between renewable energy producers and large corporations seeking to secure electricity at stable prices in a sustainable manner.
School Closures, Ships Docked Amid Bad Weather in Greece
Severe weather in Greece causes school closures and sailing bans. Strong winds, snowfall, and icy conditions disrupt daily life and travel on Tuesday.
Greece to Proceed with Issuance of 10-Year Bond
Regarding Greece's public debt the Agency forecasts that it will continue its downward trend, recording a total reduction of around 56%.
Labor Shortage in Greece: Vacant Job Positions Costing the Economy Millions
Data show that specific sectors are facing particular challenges in filling job positions, with the primary sector struggling to find working hands.
e-EFKA: “Thaleia” Answers Policyholders’ Questions
It is a service provided by the organization, aimed at enhancing the experience for individuals with special needs.
PM Mitsotakis Outlines 2025 Goals for Growth and National Interests
"The government’s work will remain intense and multifaceted, so that day by day, something changes and the lives of all citizens become better," the prime minister stated
Tender for Repairs on Athens Olympic Stadium’s (OAKA) Iconic Roof
Tender for OAKA project, which is expected to exceed 78 million euros, stipulates that repairs, maintenance must be conducted while venue remains open for events
Louis-Dreyfus Family Eyes 21% Stake in Thessaloniki Port
The newly created Amsterdam-based LeonidsPort company has submitted a voluntary public offer for 21%
EUIPO Throws Out Turkaegean Trademark
The trademark had been filed by the Türkiye Tourism Promotion and Development Agency (TGA) in 2021 and immediately generated heated opposition by Athens
Economic Sentiment Indicator in Greece Drops Slightly in Dec.
The data revealed that the primary drivers of the slight drop were the industrial and retail trade sectors. Conversely, construction and consumer confidence improved.