Gov’t: Negotiations to slash road tolls

The transport ministry is in the middle of negotiations with consortia holding national motorway concessions as well as financing banks, Deputy Minister Yiannis Magriotis said on Monday.

“We are discussing a reduction of road toll fees, and we will be successful. The contracts will be corrected and this will happen very soon,” he stressed.

Magriotis clarified negotiations are underway to implement “drastic cuts” in road tolls for under construction stretches of highways, an overall reduction of tolls by concessionaires, introduction of discounts and special discounts for residents of local communities along tollway routes.

Finally, he underlined that toll fees are part of motorway financing and that if protests and so-called “no-pay movements” continue then specific projects could face the risk of remaining incomplete.