Greece Likely to Cancel Alexandroupolis Port Sale

Greece is likely to cancel the sale of its northern port of Alexandroupolis, mainly due to the port’s upgraded role following the war in Ukraine, two sources with knowledge of the matter told Reuters on Monday.

Greece in September received two binding bids for a 67% stake in the port of Alexandroupolis.

The bidders were Quintana Infrastructure and Development through Liberty Port Holdings Single Member, and International Port Investments Alexandroupolis, a joint venture of Black Summit Financial Group, Euroports, EFA Group and GEK Terna.

(Reuters - Reporting by Angeliki Koutantou and Lefteris Papadimas; Writing by Renee Maltezou)