1 € = $ 1.1606
1 $ = € 0.8616
Greece plans to auction off railroad projects worth 3.3 billion euros throughout Greece “in the near future” using the turnkey approach, Infrastructure & Transport Minister Kostas Karamanlis revealed on Wednesday.
Greece’s pandemic-battered economy will grow by more than 6 percent this year, even more quickly than its government projects, Bank of Greece Governor Yannis Stournaras told news website Politico in an interview published on Tuesday.
Greece will be buzzing with construction activity starting in 2023, as major projects get under way, adding up to at least 11 billion euros in total.
Greece’s economy grew strongly in the second quarter, beating forecasts, with its annual expansion rate hitting double digits as consumer spending and investments picked up, data showed on Tuesday.
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