Four systemic banks, Alpha Bank, Eurobank, National Bank, and Piraeus Bank, have collectively donated 14.5 million euros to address the damage incurred by the railway network and the Domokos Railway Station as a result of the “ Daniel” and “ Elias” disasters. The initiative was announced on Tuesday at a meeting of representatives of the Hellenic Bank Association (HBA) and the four credit institutions with Deputy Prime Minister Kostis Hatzidakis and Deputy Minister of Infrastructure and Transport Konstantinos Kyranakis.

The donation covers the restoration of damage along the 40-kilometre section from Leianokladi to Domokos, where signalling, telecommand, and the European Train Control System (ETCS) were completely destroyed, as well as repairs to the railway lines at Domokos Station. 

According to a statement from the Vice Presidency of the Government, all projects will be carried out with specifications that ensure the resilience of both the network and equipment to similar natural disasters.

The 14.5 million euros donation is part of the total donation of 50 million euros from the four systemic banks announced in autumn 2023 for flood damage restoration.