The Morava-Axios Canal
Business File, September-October 2017, No. 112
Thessaloniki will be upgraded to a junction centre of world trade between Asia and Western Europe with Chinese support.
The connection of the Black Sea with the Mediterranean Sea through a canal linking the Danube with the Axios/Vardar River has been a dream of several decades which will soon take o . Despite the keen interest of Serbia, the huge economic cost and construction problems involved were factors impeding its realisation. However, the factor “China” has become the catalyst giving the green light to the project. It took four years, from 2013 to 2017, to finalise the Chinese feasibility study which updated the relevant study of the United Nations Development Programme (UNDP, 1979) entitled “Study of the Navigable waterway between the Danube and the Aegean Sea” commissioned by Greece, Yugoslavia and the United Nations*…..