investment is estimated at approximately
        
        
          €
        
        
          1 bil-
        
        
          lion, as a PPP project also financed with NSRF
        
        
          funds (the project will be mainly financed with
        
        
          resources from the new NSRF). It will cover
        
        
          Athens, Thessaloniki and more than 25 urban
        
        
          centres in the regions. In addition:
        
        
          The transition to digital TV will continue through-
        
        
          out 2013, in order to ensure the geographical cov-
        
        
          erage of two-thirds of the country.
        
        
          A tender for Digital Television Network Providers
        
        
          will be announced in the first quarter of 2013,
        
        
          when the tenders for the following projects will be
        
        
          completed: MAN (Metropolitan Area Network -
        
        
          broadband) by July 2013; Electromagnetic Fields
        
        
          Observatory within the first half of the year;
        
        
          Network Infrastructures Digital Register (a map-
        
        
          ping of the country’s network infrastructures) by
        
        
          the end of June; and e-call (for emergency calls)
        
        
          within the first quarter of 2013.
        
        
          
            Urban transport modernization
          
        
        
          Further steps are taken for cracking down on
        
        
          fare evasion and dealing with the deficits of
        
        
          public transport operators, while the number of
        
        
          ticket inspectors is increased, through the revi-
        
        
          sion of the organization charts of OSY (thermal
        
        
          and trolley buses) and STASY (metro, electric
        
        
          railways and tram). In other words, a great num-
        
        
          ber of employees will leave the offices and will
        
        
          be transferred to ticket sale and inspection. The
        
        
          contractor for the electronic ticket and the metro
        
        
          station barriers will be appointed next June, and
        
        
          the project will be gradually come on-stream
        
        
          during 2014.
        
        
          The same applies for the Telematics project, as
        
        
          the relevant tender will soon be completed.
        
        
          Moreover, transport services will be certified, for
        
        
          the first time in Greece, in accordance with the
        
        
          ΕΝ 13815 Standard, which is implemented in
        
        
          most European countries.
        
        
          It should be noted that, from now on, the quali-
        
        
          ty of transport services will be reflected on the
        
        
          operators’ state financing.
        
        
          The first stage of the certification will be final-
        
        
          ized by mid-March, while the project as a whole
        
        
          will be completed the latest by September,
        
        
          along with the reorganization of the transport
        
        
          system of Attica. The procedure for the con-
        
        
          struction, as a PPP project, of a new Central
        
        
          Intercity Bus Station at the Eleonas district will
        
        
          be launched in the first half of 2013.
        
        
          The total budget stands at almost
        
        
          €
        
        
          120 million,
        
        
          and the project will gradually come on-stream
        
        
          two years after its commencement.
        
        
          
            Borrowers
          
        
        
          By the end of March the government will revise
        
        
          the regime for over-indebted individuals, in order
        
        
          to deal with the prolonged pendency of legal pro-
        
        
          ceedings and ensure the, as fast as possible,
        
        
          resumption of the debtors’ business activity.
        
        
          That said, apart from the rationalization and
        
        
          updating of Law 3869/2010, the government has
        
        
          proposed the implementation of a relief pro-
        
        
          gramme for borrowers with annual incomes of up
        
        
          to
        
        
          €
        
        
          25,000. The aim of the programme is to
        
        
          ensure a 48-month grace period, during which
        
        
          debtor households can pay an instalment of no
        
        
          more than 30% of their monthly earnings.
        
        
          In addition, the government has proposed
        
        
          improvements in the operation of the TIRESIAS
        
        
          inter-bank list of bad debtors for both individuals
        
        
          and businesses, in order to ensure that they are
        
        
          assessed on the basis of their overall profile and
        
        
          not any individual setbacks.
        
        
          The programme is also going to include meas-
        
        
          ures in favour of non-delinquent borrowers .
        
        
          
            Trade with Greece
          
        
        
          
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