The price of the single fare on Athens public transport will rise from 1.20 euros to 1.40 euros as of February 1, while the discount fare will remain at 0.60 euros, the Athens public transport organisation OASA announced on Wednesday.

The price hike is the result of an increase in VAT.

OASA chief Ioannis Skoubouris said the the new prices will go into effect as of next Monday since everything was in place, with only the publication of a Joint Ministerial Decision by the finance and transport ministers still pending.

He clarified, however, that the ticket’s duration will be increased from 70 minutes at present to 90 minutes allowing the holder unlimited travel on all types of public transport for 90 minutes.

Tickets on Athens public transport for a given period of time after the ticket is validated, at the first point of entry on a bus or metro station.