Hatzidakis: Olympic Airlines’ woes to be resolved by end of year

The solution to the problem of Olympic Airlines will come within 2008, said Transport Minister Costis Hatzidakis, adding that the government is in open communication with the European Commission to find a universally accepted solution. The Inner Cabinet meeting yesterday also discussed the possibility of reconstructing certain regional airports through public-private partnerships, as well as the streamlining of the finances of the Hellenic Railways Organization (OSE). Hatzidakis stressed that the railways should not turn into a second Olympic (the accumulated deficit of OSE currently reaches 7.5 billion euros), while its property must be better utilized.

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