Greek government calls for investments, railway still underdeveloped
In 2016 the Greek state agreed with Chinese shipping company Cosco it would purchase the majority of Port of Piraeus S.A shares. This agreement sealed the collaboration between the two countries, which began in 2012 when Greece entered China’s BRI and ‘17+1’ initiative. The Mediterranean country sees a lot of potential in the exchange with China and is welcoming it to further expand its business in the country. However, Greece needs to improve its infrastructure. If it wants to acquire a more central role in Eurasian transportation, it needs to turn attention to rail in particular.
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