Delays and Developments: Greece’s Infrastructure and Economic Challenges

The construction of the Sepolia railway tunnel has faced significant delays, extending from an initial 4.5 years to nearly nine years due to inadequate studies, licensing issues, and traffic interventions. Meanwhile, Hellenic Energy is eyeing opportunities in Bulgaria, particularly Lukoil’s network of gas stations. In international relations, energy remains a key agenda item for Prime Minister Mitsotakis’ visit to Italy. Discussions will focus on upgrading the electricity interconnection with ADMIE and Terna, enhancing the TAP gas pipeline, and redefining energy policies based on realism. Back home, systemic banks like National Bank and Eurobank have reported financial results affected by interest rate drops and government measures. Additionally, the funding of events by major companies through private non-profits raises transparency questions. Efforts to reduce Greece’s public debt to 100% of GDP highlight economic priorities, while VAT remains unchanged despite calls for reduction. Concerns over free camping restrictions and disagreements between SEV and MRB on poverty underline social challenges. The article also touches on potential reforms in consumer protection and ongoing delays in subsidy payments for household appliance recycling programs.