Parliamentary committee to examine the revised OLP-Cosco deal

29 June 2016
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The revised agreement with Cosco for the Piraeus Port Authority (OLP), which will see the Chinese firm acquire 67% of the company’s shares, will be debated in Parliament on Wednesday and is expected to be voted upon on Thursday.

Aside from addressing a series of employee concerns, the revised agreement also includes provisions for mandatory investments worth 400 million euros over ten years.

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