Natural disasters are very expensive in the country and the bill for the restoration of the infrastructure is already starting to become quite “heavy”.

The biggest blow, of course, came from the bad weather “Daniel” and the Ministry of National Economy and Finance is obliged to increase public expenditure for the restoration of the road and railway network in Thessaly.

In this context, by decision of the Deputy Minister of National Economy and Finance Nikos Papathanasis and Deputy Minister Athanasios Petralias, the budget of the National Development Program (NDP) 2021-2025 is increased by almost 1.2 billion euros.

Specifically, the budget of the EPA 2021-2025, from the originally planned 10.65 billion euros, increases to 11.844 billion euros, in order, as mentioned in the relevant decision, to cover the costs of projects, construction and rehabilitation of infrastructure. It should be noted that the EPA is financed exclusively from national funds. The increase in the EPA budget by 1.2 billion euros may not be the only one, and another may follow.

Projects

The increase in the overcommitment limit of the Transport Infrastructure Tax is necessary in order for the Ministry of Infrastructure and Transport to:

A. To carry out restorations of the following road and railway infrastructures from the bad weather “Daniel”:

  • Rehabilitation of Railway Line, budget 229,400,000 euros
  • Rehabilitation of road infrastructure in the Region of Thessaly, budget 396,600,000 euros
  • Rehabilitation of a secondary national road network under the responsibility of the ministry, budget 20,000,000 euros

B. To initiate tender procedures for:

  • the Lamia – Karpenisi axis, with a budget of 200,000,000 euros.
  • the Northern Road Axis of Evia, with a budget of 200,000,000 euros.

C. To finance:

  • additional supplementary works in the context of the implementation of the New Heraklion Crete Airport Concession Agreement in Kastelli, with a total budget of 295,000,000 euros,
  • the construction of the Garden Bridge project, with a budget of 50,000,000 euros,
  • the Supplementary Contract of the project “Vertical Axis E61 of Egnatia Road Kavala-Drama – Serres: Section A/K Krinidon I/K Stavros”, with a budget of 15,000,000 euros,

D. To cover actions of Priority Axes, the budget of which was reduced due to overcommitment in order to enable the financing of the following projects:

  • Construction of the Tsiknia dam of the Lesvos Regional Unit, water treatment facilities and networks and
  • Construction of water supply projects in the regional units of Preveza – Arta – Lefkada, with a total budget of 254,842,006 euros.
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