Economics
Greece Forging Ahead With Port Sales to Help Spur Ailing Economy
- Country wants to strengthen status as regional transport hub
- Greek privatization fund CEO Lambiris comments in interview
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Greece is banking on the privatization of more regional ports to strengthen its status as a transport hub and help lift an economy reeling from the decade-long debt crisis and the fallout from the coronavirus.
The Mediterranean country’s state privatization fund plans early next year to start the tender process for two more ports -- Irakleio and Volos -- following recent tenders for harbors at Alexandroupolis, Kavala and Igoumenitsa, Riccardo Lambiris, chief executive officer of the Hellenic Republic Asset Development Fund, said in an interview in Athens.