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OSE

Troika to Shut Down OSE

Greece's European lenders estimate that the country needs an even smaller government and a new tax system, and for this reason they are hardening their measures in view of the quarterly audit which will be the "key" to the...

Greece Puts Railways Up For Bid

Still reeling from setbacks in its lagging privatization program, Greece has invited bids on its notoriously-inefficient and antiquated state-operated railway operator Trainose, the Hellenic Republic Asset Development Fund (HRADF) said. The deadline for interested parties to submit binding offers for...

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...

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...

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...

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...

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...

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...

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...

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...