Greece has set deadlines for the privatization of its two major ports, Piraeus and Thessaloniki, after waffling on the issue in the first half of year and putting the country’s privatization efforts in doubt.
29 Jul 2015
While politicians wrangle over the Greek debt crisis and economists speculate on the lasting impact to the European and global economy, a decision on who controls a container quay miles away from Athens could reshape European supply chains.
13 Jul 2015
The bailout deal Greece struck with its creditors in the early hours of this morning in Brussels will have a major impact on the beleaguered nation’s shipping industry and its ports.
29 Jun 2015
The European Union stepped up pressure on the Greek government to levy a higher tonnage tax and end tax breaks for the powerful shipping industry amid growing fears the country is heading for default and an exit from the eurozone.
11 Jun 2015
The chief executive of the port of Piraeus is resigning as the Greek government proceeds with the controversial privatization of the leading Mediterranean container hub.
01 Jun 2015
It’s been a little more than three months since the inaugural statements of the new Greek government, dominated by its radical-left Syriza component, said it would block sales of national strategic assets.
15 May 2015
The long-stalled privatization of the port of Piraeus is finally underway with three foreign companies bidding for control of the leading Mediterranean transhipment hubs.
06 May 2015
Greek dock workers are due to stage a 24-hour strike on Thursday to protest the privatization of the ports of Piraeus and Thessaloniki.
04 May 2015
Greece is expected to launch the long delayed privatization of the port of Piraeus, a top 10 European container hub, this week as its leftist government reluctantly undertakes reforms demanded by its international creditors.
02 Apr 2015
The on-again, off-again privatization of the port of Piraeus has been thrown into further doubt following conflicting statements by Greek government ministers.
30 Mar 2015
China’s Cosco Pacific will bid for a majority stake in Greece's port of Piraeus after the country's new socialist government apparently reversed course on its opposition to port privatization.