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Greece's Ports: Hybrid Ownership Model | Greece News
Greece’s ports are no longer just Greek — they’re a patchwork of global players, local dynasties, and state interests. While China’s COSCO dominates Piraeus, Thessaloniki is steered by Greek tycoon Ivan Savvidis, and Italian Grimaldi controls key hubs like Heraklion and Igoumenitsa. The government still holds stakes in many, turning ports into strategic partnerships rather than simple sales. This hybrid model — blending foreign investment, domestic power, and public ownership — is reshaping Greece into a vital European maritime node, boosting jobs and traffic while sparking debate over who…
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