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Tag Archives: a major privatization projec

Greece Approves COSCO Piraeus Sale

Greek lawmakers on Thursday ratified the sale of a majority stake of Piraeus Port to China COSCO Shipping, a major privatization project of the bailed-out nation under a left wing government. Under the 368.5 million euro ($410 million) deal, COSCO will buy 51 percent of Piraeus for 280.5 million euros ($312 million) and the remaining 16 percent for 88 million ...

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