
“The policy we are implementing for concession contracts in the largest Greek ports will be a boon for the Greek economy and the Greek region in terms of development. The transition from some state organizations to ports, which operate like modern businesses, and produce benefits in relation to what the state collects, in terms of growth and jobs.”
This was pointed out by the Minister of National Economy and Finance, Kostis Hatzidakis, during his greeting at the signing ceremony of the contract for the sale of the majority of the shares of the Igoumenitsa Port Authority, held today at the Authority’s offices, in the presence of Prime Minister Kyriakos Mitsotakis.
Mr. Hatzidakis recalled the course of the port of Piraeus which today, 15 years after the signing of the concession agreement, is the fastest growing port in Europe and in the 4th place in the continent as concerns the handling of containers.
Referring in particular to the purchase of the majority share package of the Igoumenitsa Port Authority by the Grimaldi group, one of the largest shipping groups in Europe, Mr. Hatzidakis noted that this investment acts as a vote of confidence in the country’s prospects, ensuring a high return for the State and is “a leap in the effort to make Igoumenitsa even more of an international port with more goods, more passengers and more jobs”.


Latest News

Istanbul Earthquake – Greek Prof. Concerned Major Quake Yet to Strike
Responding to concerns over whether a potential major quake in Istanbul could affect Greece, Papazachos was reassuring: “The fault extends as far as Lemnos and the Northern Sporades, but it doesn’t rupture all at once. An earthquake in Istanbul doesn’t have the capacity to directly affect Greek territory.”

Greece 4th Most Popular Summer Destination for Europeans
Southern Europe remains the top choice for Europeans at 41%, though down 8% from last year, likely due to rising temperatures and climate concerns.

Easter Sales Performance and the Source of €4–5 Million in Losses
Easter retail sales were relatively weak this year, with the only "real winners" being the livestock farmers who had lambs to sell.

Hotel Foreclosures Continue to Plague Greece’s Islands
A surge in hotel foreclosures across Greece’s islands threatens small tourism businesses, despite booming visitor numbers and record-breaking travel in 2024.

Athens Launches Task Force to Safeguard Historic City Center
The new municipal unit will ensure compliance to zoning laws, curb noise, and address tourist rental issues starting from the Plaka district.

WTTC: Travel & Tourism to Create 4.5M New Jobs in EU by 2035
This year, international visitor spending is set to reach 573 billion euros, up by more than 11% year-on-year

IMF: US Tariffs Shake Global Economy, Outlook Downbeat
IMF slashes global growth forecast to 2.8% as U.S. tariffs create uncertainty and ‘negative supply shock

First Step Towards New Audiovisual Industry Hub in Drama
The project is set to contribute to the further development of Greece’s film industry and establish Drama as an audiovisual hub in the region

Airbnb Greece – Initial CoS Ruling Deems Tax Circular Unlawful
The case reached the Council of State following annulment applications filed by the Panhellenic Federation of Property Owners (POMIDA)

Mitsotakis Unveils €1 Billion Plan for Housing, Pensioners, Public investments
Greek Prime Minister Kyriakos Mitsotakis has announced a new set of economic support measures, worth 1 billion euros, aiming to provide financial relief to citizens.