OASTH starts out on bumpy road

There was a changing of the guard at the Thessaloniki Urban Transport Organization (OASTH) on Thursday but it appears that the denunciation of the government's decision to remove the existing board and bring the firm under public control isn't going to stop anytime soon.

Outgoing OASTH CEO Christos Stefanidis told Kathimerini that he and fellow board members have written to Greece's lenders, including the European Stability Mechanism, the International Monetary Fund and the European Central Bank, to argue that the law paving the way for the changes at the transport organization is unconstitutional.

The legislation was approved by Parliament on July 31 but Stefanidis argues that it was not accompanied by the necessary report from the State General Accounting Office. According to Stefanidis, the government has not included in financial calculations the planned...

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