THE new leftist Greek government has rejected suggestions it was relenting on ending privatisation of state assets and said it would stick with plans to stop the sale Piraeus and Thessaloniki to Cosco Pacific, the front running bidder.
Prime Minister Alexis Tsipras's new leftist government has sought to cancel key terms of Athens' bailout programme from international lenders, including what it calls the "crime" of selling off strategic national assets, Reuters reported.
"We are not discussing any further sale or privatisation of Piraeus Port or Thessaloniki port," government spokesman Gabriel Sakellaridis told Greek television.
China's Cosco manages two of Piraeus port's cargo piers and had been shortlisted along with another four suitors as potential buyers of a 67 per cent stake in the port under last year's privatisation scheme.
Athens says it is not against the concession granted to Cosco but only opposes the port's sale.
PORTS
15 February 2015 - 20:45
Leftist Greek regime intends to stop 'crime' of privatising ports
THE new leftist Greek government has rejected suggestions it was relenting on ending privatisation of state assets and said it would stick with plans to stop the sale Piraeus and Thessaloniki to Cosco Pacific, the front running bidder.
PORTS
15 February 2015 - 20:45
Leftist Greek regime intends to stop 'crime' of privatising ports
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