In 2009, with the Greek debt crisis unfolding OSE's Management was forced to reduce services across the network.

Timetables were cut back, and routes closed as the government-run entity attempted to reduce overheads.

[12] OSE engineers were on the ground in the worst affected areas Domokos, Doxaras, and Paleofarsalos to assess the extent of the damage, and prepare detailed reports, and seek financial assistance from the European Union.

[13] 50 km (31 mi) of tracks was completely destroyed[14] Repairing the extensive damage, was estimated at between 35 and 45 million euros.

[15] OSE managing director, Panagiotis Terezakis, spoke of reconstruction works reaching 50 million euros, confirming at the same time that there will be no rail traffic in the effected sections of the network for at least a month.

[16] The devastation goes beyond the tracks and signalling, affecting costly equipment such as the European Train Control System (ETCS), which enhances rail safety.