ATHENS - China and Greece agreed on Monday to push ahead with a 600 million euros investment by COSCO Shipping into Greece’s largest port, Piraeus, as part of efforts to boost its role as a hub in rapidly growing trade between Asia and Europe.
The two countries have drawn closer since 2009 when COSCO won a 35-year concession to upgrade and run container cargo piers in Piraeus . COSCO Shipping [601919.SS] bought a majority 51% stake in Piraeus port in 2016. Xi met Greek Prime Minister Kyriakos Mitsotakis on Monday and the two countries signed a memorandum of understanding, stating their mutual will to overcome any obstacles in the implementation of COSCO’s investment in Piraeus, a Greek government official said.
Xi was set to visit COSCO’s facilities in Piraeus, Europe’s sixth biggest container port, later on Monday.
😱Greece selling its soul.....
Grand shopping by Chinese.
ДАЖЕ НЕ ДУМАЙ ОБ ЭТОМ БРЮС ЛИ
Who got paid off?
Kiina on osin euroopan pelastaja,ei salaisuus.
More communist foothold on European ground. Greece is a sell out. stop EU funding immediately!!