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Hellenic Railways

Greek Railway Disaster Expert Speaks of Crucial Omissions in Tempe Probe

The railway disaster at Tempe is in Greek headlines again on the one-year anniversary of the tragic collision that took the lives of 57 people, most of them young. Costas Lakafossis, an aeronautical engineer and accident expert, spoke to Greek...

OSE Left Without Trains

For the first time since the founding of Hellenic Railways Organization (OSE) in 1920, the company is left without trains and is limited to being a simple network administrator. According to Greek news, in 2010, the representative of the International...

Fitch's Downgrades Greece to "Restricted Default" After Bond Swap

ATHENS – The deal in which Greece forced investors to take 74 percent losses so that the country could write down $134 billion in debt came with a price: being declared unsafe for creditors. The Fitch ratings agency downgraded...