Piraeus port law amended, resolving dispute with COSCO over privatisation deal

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Piraeus port law amended, resolving dispute with COSCO over privatisation deal

EconomyCorporates 01/07/2016 - 10:01 Tags: Corporates, Privatisations

Photo via Flickr https://flic.kr/p/4LoFsN

Greece has resolved its momentary dispute with Chinese giant COSCO over the legislation linked to the privatisation of the Piraeus Port Authority (OLP).

The government made a number of amendments to the bill on Thursday following an letter from COSCO’s lawyers pointing out that the draft legislation did not reflect what had been agreed in the concession agreement.

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