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Greek seafarers extend strikes about tax conditions

Greek seafarers have in recent days blocked ports across the entire country. The strikes will now be prolonged to Friday. The seafarers are protesting a number of hits to their working conditions dictated by the country's creditors.

Cosco completes purchase of Piraeus terminal

The first stage of Chinese Cosco's takeover of Greece's largest port, Piraeus, is now complete. The next phase depends on Cosco's performance over the coming five years, informs the Greek privatization fund.

Cosco to invest big-time in Greek port

Chinese Cosco is ready to invest around USD 550 million in Greece's largest port in Piraeus, particularly within the cruise and shipbuilding industries, reports the Wall Street Journal.

Greek government postpones sale of ports

The privatization of Greece's state-owned Port of Piraeus, agreed upon during the negotiations with creditors in the debt crisis, will have to wait a little longer. The developments is caused by Greek bureaucracy.

Greek government will sell ports

The Greek government is now prepared to privatize the Port of Piraeus, which has several times been mentioned in relation to a possible sale. This is evident from the plan to save the country's economy. Another port is also featured on the list.

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