Greece Upgrades Metro Line 1

Greece Upgrades Metro Line 1

Business

Under the "Transport 2021-2027" programme, Greece is modernizing the Piraeus-Kifissia electric railway line (Metro Line 1) with public expenditure of €90.38 million, approved by Alternate Minister of National Economy and Finance Nikos Papathanasis, CE Report quotes Athens-Macedonian

The project involves upgrading 14 five-carriage trains for 25 years of reliable operation, along with improvements to two traction substations in Iraklio and Neo Faliro. The Neo Faliro substation will be relocated to a new building and equipped with energy recovery systems. Additional technical upgrades are also planned.

Tags

Related articles

China Urges End to US Tariffs
China responded to the US Court of International Trade's decision to block former President Donald Trump’s global tariffs by stating that “protectionism harms all and is ultimately unpopular.”
La Iepurași Guesthouse Saves Big with Solar Power
Speaker Igor Grosu visited the "La Iepurași" guesthouse in Florești district today.
Bulgaria, Korea Boost Trade
Economy and Industry Minister Peter Dilov met with Korean Ambassador Dong-bae Kim to discuss ways to boost bilateral trade and investment, valued at nearly USD 500 million as of 2024.
Mandatory Bank Payments for Rent Under Review
The Greek government is considering making rent payments through banks mandatory, according to National Economy & Finance Minister Kyriakos Pierrakakis.
Athens Exchange Q1 Profits Surge
The Athens Exchange Group reported a turnover of €15.8 million in Q1 2025, up 17% from €13.5 million in Q1 2024.
Greek Parliament to Debate New Development Bill
The Greek Parliament will debate a new development bill on Tuesday. During Monday's committee meeting, the ruling New Democracy party supported the bill, while the Communist Party of Greece (KKE), Nea Aristera, and Niki opposed it.
Food Prices Remain Stable
The market for basic food products remains balanced, said Vladimir Ivanov, Chairman of the Commodity Exchange and Wholesale Markets State Commission, during a briefing in Pleven.