Greek Parliament approves sale of Piraeus Port to China COSCO Shipping and may see new airports, logistics center and rail
Greek lawmakers on Thursday ratified the sale of a majority stake of Piraeus Port to China COSCO Shipping, a major privatization project of the bailed-out nation under a left wing government. Under the 368.5 million euro deal signed in April between COSCO and Greece’s privatization agency, COSCO is to buy 51 percent of Piraeus for …