Greece Sees Increased Rail Traffic



Greece Sees Increased Rail TrafficGreek travelers who are regularly commuting on the route connecting the Greek capital of Athens to the northern port city of Thessaloniki, as of late, increasingly opt for taking the train, thus giving a significant boost to TRAINOSE.

The latest revaluation in Greek toll fees has forced car drivers traveling from Athens to Thessaloniki and back to pay a total of €56 just in tolls. If combined also with the increased petrol prices, this has led to 35 percent more travelers using the train on the same route, as the president of the Hellenic Railway Company (TRAINOSE), Athanasios Ziliaskopoulos, announced on Tuesday.

“TRAINOSE will be able to become a pioneering growth force for the economy of Greece, if provided with the proper investor,” mentioned Ziliaskopoulos in his remarks during an “Economist” conference held in Thessaloniki, while also referring to the several new activities undertaken by the company, such as suspending non-profitable routes, introducing new collective employment agreements and outsourcing non-profitable services, which will all lead to the company becoming more healthy.

The Athens-Thessaloniki route has also become very attractive for the movement of cargo shipments, as the ports of Piraeus and Thessaloniki are both used as entrance points for cargo shipments to the European markets. The Greek TRAINOSE president said that the company is trying in collaboration with the Thessaloniki Port Authority to strengthen its northern border rail network, and added, “Today, 8-10 cargo trains depart on a daily basis from the port of Thessaloniki.”

Meanwhile, the agreement between COSCO, the Chinese company managing all operations at the port of Pireaus, TRAINOSE and the U.S. tech company Hewlett Packard to use Piraeus as HP’s main hub for transporting the company’s products to central Europe, has put the Greek railways at the focus of the European supply chain. Rail networks, however, in the involved countries (Greece, FYROM, Serbia, Hungary, Slovakia and Czech Republic) have to be upgraded, so as to meet the expectations of HP.

“If this project comes out to be successful, then we will need to invest more money in infrastructure and know-how, so as to be able to conquer the markets,” argued Ziliaskopoulos.


4 COMMENTS

  1. Vehicle tax, fuel tax and tripling highway tolls results in greater ridership on trains and buses. It doesn’t require a GENIUS to figure the shift to rail for the transport of passengers and goods. The unintended consequence by removing competition increases the vulnerability of the economy to rail strikes and equipment failures. In a densely populated nation like Japan rail travel is the logical choice. Thankfully Greece has the land for both but at the moment lacks the union-management organizational and cooperative skill for an efficient rail system. One rail strike and we’ll see the immediate effect at the market.

  2. “One rail strike and we’ll see the immediate effect at the market.”‘

    Bingo. The communist dominated unions have been bullying our government and private sector for ages.

    The process of how we ended up with massive debt and an unproductive economy:

    1. Someone (typically leftists) don’t think they are making enough money.

    2. Rather than switch jobs or get an education to provide a higher paying income,…they join forces with others to go on strike.

    3. If the employer won’t budge, they start to apply pressure on the government to change the laws (general strikes, riots, and other forms of civil disobedience)

    4. The government buckles. They (involuntarily) force employers to give the unionists what they want (retirement at 50 was apparently was rational to our unionists)

    5. Higher and higher taxes, more and more bureaucracy = more and more incentive to cheat on taxes. This is further accelerated by an large influx of illegals (who work under the table for cash)

    6. Government officials start to realize they can no longer balance books. Since they are afraid to make cuts because the unions they cook our books instead.

    7. Chicken comes home to roost.

    The solution to that vicious cycle for our leftists? Well go out and riot for more govenrment money of course.

    This is one reason why I strongly support Samaras. He’s stood up to the unionists where all our other politicians cowardly appease them. He understands we have to balance budgets and that no amount of unprincipled appeasement using accounting trickery can defeat the laws of mathematics. Tax revenue must be enough to cover spending. Its as simple as that.

    What communists like Tsipiras (and his flock of gullible whining sheep) don’t understand , is that even if he wins, even if he walks away from Greek debt, much like the Cypriot communist that won, he can’t deliver on his social spending promises. They are hot air purely to be votes. The communists lying not only to his supporters but even himself.

    The truth is then exparxoun lefta.

    If we want to change that we have to focus on the private sector. It won’t come through public spending. It will come because enough Greeks got sick of sitting around waiting for the government to feed them and instead took initiative to feed themselves,

    If you keep feeding a pigeon, they eventually don’t know how to feed themselves. This HARMS both the pigeoin and the person feeding it.

    This is what has happened in Greece. A large chunk of our population don’t know how to earn a living. Rather than show creativity and entrepreneurship they’ve become dependent on the state. This has to change.

  3. Finally we have some sensible commentary. People have become too dependant on the State and weaning them off is a painful but necessary undertaking. Whilst the State can play an important role in developing infrastructure and providing the necessary governance, the creation of wealth is principally dependant upon the industrious and entrepreneurial actions of each individual.

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