Piraeus port sale setback troubles Tsipras ahead of China visit

PoliticsForeign Policy Tags: China, SYRIZA
Photo by Harry van Versendaal
Photo by Harry van Versendaal

Prime Minister Alexis Tsipras faces a major embarrassment ahead of his four-day trip to China on Saturday due to complications arising over the privatization of the Piraeus Port Authority (OLP).

In a letter to the Greek government on Wednesday, COSCO, which is the preferred bidder for OLP, expressed its strong objections to the concession agreement that was tabled in Parliament on Tuesday under the emergency procedure.

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