The Greek Transport Ministry released this week 18.3 million euros to go towards the needs of intercity and local bus services and of remote island ferry services providers.
Transport Minister Christos Staikouras said the support was aimed at maintaining the smooth and affordable movement of the public and the high quality of services offered with a focus on safety.
The distribution of funds started on July 26 following European Commission approval.
“We are securing the smooth and affordable movement of citizens throughout Greece, effectively responding to the adverse conditions created by the energy crisis,” said Staikouras, adding that the support comes after bus services providers saw operating costs increase by as much as 65 percent as a result of the Russia-Ukraine war.
Staikouras’ decision also foresees 81,888 euros in funding to be allocated to the Lamia KTEL and 335,229 euros to the Fthiotida KTEL – both in Central Greece.
The National Federation of Urban Transportation welcomed the decision and expressed its gratitude to Staikouras in a letter.
The Greek government has announced an overhaul of the country’s outdated intercity and city bus services known as “KTEL” including the creation of a new airport-style hub at Eleonas. Earlier this month, Staikouras announced the arrival of 250 electric buses expected to hit the streets of Athens and Thessaloniki in 2024.