China's shipping giant COSCO raises stake in Greece's Piraeus Port to 67%

Рет қаралды 4,955

2 жыл бұрын

Last month Greek lawmakers amended a deal with COSCO allowing it to raise its stake in Greece's biggest port of Piraeus, paving the way for Greece to secure a major investment.
Greece's parliament approved the new contract which gives the Chinese shipping company an additional 16 percent stake in the Piraeus Port Authority (PPA), taking its total share of ownership to 67 percent.
Besides the increase in container capacity and cargo, the number of job openings in and around the port area are also increasing.
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Пікірлер: 36

@MrTnylam 2 жыл бұрын

China saved the Greek economy with this port deal that no one talks about. The Piraeus Port is now efficient and profitable for both the Greeks and Chinese.

@MJTUEN 2 жыл бұрын

Way top go and best to all!

@rawangmp8450 2 жыл бұрын

Greek was decapitated by Western comic but the East save it for the population survival. Interesting

@Naranjus Жыл бұрын

Not the east. China 🇨🇳

@kitty-rp7bg 2 жыл бұрын

Great...🤣🤣

@SaintFluffySnow 2 жыл бұрын

👈Awesome Greece-China win-win equitably fair bilateral trade partnerships for regional prosperous "better lives for all" arrangement!

@cosmoray9750 2 жыл бұрын

San Francisco locals kzfaq.info/get/bejne/eLtmopV-rtuxgZc.html

@R.U.1.2. 2 жыл бұрын

Win-win, is typically defined as 50-50. Having to sell off a national asset, just to make ends meet, doesn't make the best economic sense. Selling off of any unique means of production or transport is: once gone -that's it.

@rainbow2639 2 жыл бұрын

there is no need for the banners to be in Chinese ?

@georgekoroneos3892 2 жыл бұрын

It is true that the greek port of piraeus which happened to be my home town is very decisive for the chinese they realize its importance & invest heavily in it when the country's economy was hitting bottom due to crisis heard cheap too for almost the price of a loaf of bread & that because nobody else extend its hand for help so china took advantage of the situation & made the best of it because of its special & superior geographic location & invest heavily in it because is very useful because is possible their emporium to save time & money because they shorten the distance because before their cargo ships had to go around spain & then to germany now from greece saved a week of time & that is the reason why they are so enthusiastic about it but there is no need of worry greece always belong to the west & let me assure you that the american armed forces are committed all over greece in bases & in a time of crisis or struggle do take control of everything immediately ...

@jamesteh829 2 жыл бұрын

Well done Dragons

@rig4365 2 жыл бұрын

no this will backfire

@jamesteh829 2 жыл бұрын

@@rig4365 west wants sadly no

@rig4365 2 жыл бұрын

@@jamesteh829 no no, it will backfire on china,

@jamesteh829 2 жыл бұрын

@@rig4365 let watch how these mighty dragons shall outperform the Evil West Hegemonies....long live to Emperor Dragon Xi of motherland China and CCP. He shall be the son of heaven

@rig4365 2 жыл бұрын

@@jamesteh829 what the hell are you talking about? lol