Overview
- U.S. Ambassador Kimberly Guilfoyle called China’s control of Piraeus “unfortunate” and suggested the port could be for sale.
- China’s embassy in Athens denounced her comments as “malicious slander,” insisting the port belongs to the Greek people and is not for sale.
- Greece advanced a plan to build a shipping and logistics hub at Elefsina, with a legal amendment headed to parliament for a Nov. 27 vote.
- The Elefsina project focuses on expanding ONEX shipyards, backed by a $125 million U.S. Development Finance Corporation bond issued in 2023.
- The Greek Foreign Ministry said agreements made during the debt crisis will be honored, as the U.S. also seeks broader infrastructure and defense cooperation in Greece.