Greek government announces nationalization of Thessaloniki bus system

Amid a wave of memorandum-mandated privatizations in still bailout-dependent Greece one entity in the country is apparently passing into state control: the urban bus system in the northern metropolis of Thessaloniki in Macedonia.

A relevant announcement was made on Thursday by the respective transport minister, Christos Spirtzis, whose election district is also in Thessaloniki.

In an announcement, the government referred to a “transitional phase  by the end of 2019, at the latest”, a provision included in a draft bill.

In place of the current privately owned system, called the Thessaloniki Urban Transport Organisation (OASTh), Spirtzis announced two new entities will be created, one to operate the fleet of buses operating around metropolitan Thessaloniki – and the metro system, when it is completed – and another that will act as a regulatory body for all mass transit systems in greater Thessaloniki.

“OASTh will assume a public character, in other words, it will be ‘de-privatized’ from a state-dependent (subsidies) monopoly going back 60 years,” he added.

Read more here.

RELATED TOPICS: GreeceGreek tourism newsTourism in GreeceGreek islandsHotels in GreeceTravel to GreeceGreek destinations Greek travel marketGreek tourism statisticsGreek tourism report

Photo Source: Wikimedia Commons Copyright:Zweif?ssler License: CC-BY-SA

Source: naftemporiki.gr

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