OSE
Greece
Ship, Train Workers Join May Day Strike
With a general strike of private sector workers looming for May 1 to protest ongoing austerity measures, the Pan-Hellenic Seamen’s Federation (PNO) together with the Hellenic Railways Organization (OSE) said its workers will join in and stop working.
That comes...
Greece
More Transport Strikes Hit Greece
With Greece beginning high hopes for a better tourist season after disappointing results in 2012, more strikes have begun, this time closing ferries to the islands on April 16 with sea men protesting a bill they said could lead...
Greece
Greek-Russian Exchanges
Tourism, construction, investments, gas and railways are just some of the areas of cooperation between Greece and Russia. This arose from the results of the 8th Congress of the Joint Commission on Economic, Industrial, Scientific and Technical Cooperation which...
Economy
Tsipras Says Samaras Surrendered To Troika
Coalition of the Radical Left (SYRIZA) leader Alexis Tsipras said that Prime Minister Antonis Samaras' coalition government's constant relenting to demands from international lenders is proof that the country needs new leadership and accused the New Democracy Conservative leader...
Economy
Greek Railways Set To Be Sold Off
Under pressure from international lenders to speed the pace of privatization, the Greek government said the tender for the sale of a 100 percent stake in the Hellenic Railways Organization (OSE) is to start by the end of the...
Economy
Former Greek Railways Officials Charged With Embezzlement
ATHENS – Thirteen former executives of Greece’s money-bleeding Hellenic Railways (OSE,) one of the companies the coalition government led by New Democracy Prime Minister Antonis Samaras is trying to sell off, have been charged with stealing state funds and...
Greece
Train-Taxi: A New Way to Move Through Thessaloniki
Visitors of Thessaloniki now have a new way of transportation at their disposal. The ''train-taxi'' is a new service of the Greek railroad company OSE. Service consists of a combination of transportation between a train and taxi with one...
Economy
OSE Reports Huge Deficit Decline for 2011
OSE, the state-run railway operator in Greece, reported on Tuesday a spectacular 82 percent decline in its annual deficit last year to 33 million euros, down from 187 million euros in 2010.
The company reported a zero deficit in December...
Economy
11 Reasons Why Greece Really Went Broke in 2011
ATHENS – Unless you were rich, a business executive, a celebrity, or among the few privileged elite who run the country and for whom every year is a banner year of profiteering, 2011 was the worst year for most...