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Tuesday, May 5, 2015

Greek Economy Minister: Government is Renegotiating the Sale of OLP with COSCO

The government is currently renegotiating the terms under which Piraeus port (OLP) will be sold to COSCO, Economy, Infrastructure, Shipping and Tourism Minister George Stathakis said in Greek Parliament. “Our policy is clear and aims at maximizing the benefits of the Greek State. Negotiations with COSCO are underway so that we can find solutions which will form a modern management model for all Greek ports,” Stathakis said, following a current question submitted by Golden Dawn MP Nikos Kouzilos. “The government is called today, in the framework of all the negotiations and openings it has done, to manage in the best way and to radically change the conditions of the agreement with COSCO and we insist on a comprehensive management of the port which will be conducted under the auspices of the State, to fully ensure the interests of the country,” he added. The minister said the government is dealing with a “situation which it has not created, but has inherited” while he added that talks with the Chinese company are taking place simultaneously with the negotiations with the European institutions and ion the framework of a “multilateral geopolitical economic strategy.” (source: ana-mpa)


READ THE ORIGINAL POST AT greece.greekreporter.com