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Monday, September 30, 2013

Greece-The Isthmus canal celebrated 120 years of operation

In a modest ceremony at the monument of the Greek- Hungarian Cooperation alongside the old bridge over the Isthmus of Corinth, celebrated the 120 years of the Corinth Canal ...

The president of the Société Anonyme CANAL, Constantine Barkagiannis , speaking among others noted that the canal , opened in 1893 to meet the present needs of navigation , tourism and the economy necessarily to join the Trans-European Transport Networks that can make the necessary investments , or for adequate maintenance, or for the widening and dredging of .

Underlined that AEDIK reorganized itself as profitable company after operating profit this year will exceed 850,000 euro and the magnitude of this operating profit is the biggest since 1980 until today.

He added that the administration has planned an ambitious development program with the assessment that , "the widening and deepening of the Corinth Canal is a perfectly development work in addition to direct financial results for the Canal to fivefold increase in revenue, will contribute to the development of tourism , shipping and our economy in general . "

Mr. Barkagiannis also said that the administration realizing the enormous importance of the tourist development of the canal , has planned investments will be completed in 2015 , which will upgrade the area to Old Bridge Canal and adjacent to the site where the monument Greek- Hungarian Cooperation , while providing employment to many citizens.

The ceremony was attended by the Ambassador of Hungary to Greece Eszter Sandorfi, o Metropolitan of Corinth Mr. Dennis , the Region of Peloponnese Petros Tatoulis , the Corinthia antiperifereiarchis George Dedes , representatives of the Municipality of Loutraki Saints Theodore and several citizens.
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