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Cosco's master plan for Piraeus suffers setback

The Greek authorities have shelved a planned tender for a new facility in the Port of Piraeus, which is owned by China's Cosco. The case marks the latest example of the Chinese shipping group's challenges related to the massive port acquisition.

Fresh strikes will soon hit the Greek ports

Greek port workers will again halt their work in Piraeus and Thessaloniki in order to protest against planned privatizations. The strikes begin Thursday and will run over two days.

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.

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