Greek highway projects have been hit hard by the country’s economic crisis
Construction work is set to recommence on four highway projects in Greece. The construction work ground to a halt when the country’s economic woes began to bite hard. However the work now looks set to restart in spring 2013 following negotiations between the four consortia involved and the Greek Government. However, construction of highway sections from Trikala to the Egnatia Highway and from Lamia to Xiniada in central Greece and from Patra to Tsakona in the Peloponnese has been postponed. The decision for these sections will be taken in the next three years. The Greek Government is assisting the contractors by negotiating with banks for funding for the stalled projects, although the loan will be between the contractors and lenders.
