Despite its huge debts, Greece is in recovery mode. Forecasters expect the stricken European state to start climbing out of its deep recession, and renewed construction of four large, internationally backed highway projects is seen as a sign of new life.
The four stalled projects, which have a combined value exceeding $10 billion, were "visible casualties of the crisis in Greece," according to Johannes Hahn, the European Union's commissioner for regional policy. The crisis slashed toll revenues, which were meant to help finance the work, and impaired lenders' access to funds.