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Wednesday, November 30, 2022
HomeEconomyThe Commission welcomes the opening of the metro in Piraeus and reminds:...

The Commission welcomes the opening of the metro in Piraeus and reminds: “The project was financed with 470 million euros”

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“Today marks the launch of one of the largest projects funded by cohesion policy in Greece and across the EU,” the European Commission said in a statement.

“Today marks the launch of one of the largest projects funded by cohesion policy in Greece and throughout the EU, the extension of the Athens metro line to Piraeus. The project has received funding of 470 million euros from the EU,” the European Commission said in a statement.

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Cohesion and Reforms Commissioner Eliza Ferreira said: “Thanks to the cohesion policy funds, the lives of citizens in the wider area of ​​Athens and Piraeus will improve. The metro will reach the city of Piraeus, the third largest city in Greece, connecting the country’s largest airport with its largest port in less than an hour. This major project will boost development and significantly benefit the national economy of Greece.”

With this project, as noted by the European Commission, “metro line 3 from Athens to Piraeus is completed and significantly improves the access of the residents of the Attica basin to the urban transport network. With the three new stations, Maniatika, Piraeus port and Municipal Theater, for the first time citizens will be able to reach from the suburbs of Piraeus, Maniatika, Nikaia and Korydallos and, by extension, Neapoli, to the administrative, commercial and business center of Piraeus in just a few minutes.

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The expected changes in mobility will be of decisive importance in reducing traffic in the central axes of the city and the wider region. The completion of the project is expected to give another 174,000 people easy access to the metro network, helping to reduce private vehicle use and carbon dioxide emissions. The project is part of the wider investments of the cohesion policy in public transport infrastructure in the region of Attica, which include the metro, tram, bus and suburban railway networks. In March 2017, the Commission approved the second phase of EU funding for the metro.”

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Michael
Michael
I have worked in the news industry for over 10 years and have been an author at News Bulletin 247 for the past 5 years. I mostly cover technology news and enjoy writing about the latest gadgets and devices. I am also a huge fan of music and enjoy attending live concerts whenever possible.

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