Calamos Supports Greece

Cosco

Amicable Settlement with Cosco not Affected by EC Decision, Piraeus Port Authority Says

A European Commission decision issued on Monday that orders Greece to recover incompatible state aid from Piraeus Container Terminal (PCT) does not apply to any part of the Concession Agreement's recent expansion through amicable settlement to the Western...

Greek PM Tsipras: 'We Welcome Chinese Investments'

We support the present Chinese investments in Greece, including COSCO's, and want to make a name for the port of Piraeus as a top hub in transport and commerce globally, Greek Prime Minister Alexis Tsipras said on board the...

Greek Foreign Minister and Chinese Ambassador Discuss Athens-Beijing Cooperation

The "open" issue of Piraeus Port Authority's privatization as well as the wider Chinese interest to strengthen cooperation with Greece was mainly tabled during yesterday's 50-minute-long meeting between Greek Foreign Minister Nikos Kotzias and Chinese Ambassador in Athens Xiaoli Zou. The...

Greek FinMin: We Won't Recall Privatizations due to be Completed

Greek Finance Minister Yanis Varoufakis appeared reassuring that the SYRIZA-led government does not intent to recall privatizations that are close to be complete, while he characterized the Chinese colossal shipping and logistics company Cosco investment in the Port of Piraeus as...

Chinese Colossal Construction Company CPCG Eyes Greece

Chinese construction magnate, Yan Jiehe, is turning his gaze toward the Greek market -- characterized by many as risky due to the latest stormy political and economic developments -- saying that he is on the hunt for investment opportunities...

Greek Ministers Meet With Chinese Ambassador for Piraeus Port

A meeting between Greek Economy, Infrastructure, Shipping and Tourism Minister Giorgos Stathakis, Deputy Maritime Minister Thodoris Dritsas, Chinese Ambassador Zou Xiaoli and a delegation of Chinese diplomatic officials was held yesterday in Athens. The meeting was appointed after Xiaoli's...

China Expresses Concern Over Greek Gov't Plans to Halt Piraeus Port Privatization

China’s Commerce ministry expressed its concerns over the Greek government's intention to halt the privatization of Piraeus Port Authority, which China’s COSCO group had bid for. “We were informed by press reports that the new Greek government on January 28,...

New Greek Gov't to Halt Port Sale to China and Power Utility Privatization

The new Greek government will freeze plans to privatize the country’s Public Power Corporation (DEH), the energy minister said on Wednesday. Also, Greece will put a stop to the sale of Piraeus Port to China. “We will halt immediately any privatization...

Greek PM: SYRIZA Policy Excludes Greece from the ECB Program

Greek Prime Minister and New Democracy leader Antonis Samaras on Friday in statements to ANT1 TV lashed out at SYRIZA and said that with its policy it was excluding Greece from ECB’s state bond buying program. He noted that while...

SYRIZA's Intention to Renegotiate Privatization Deals Angers New Democracy

Ruling New Democracy party in Greece immediately responded and condemned suggestions expressed by main opposition SYRIZA representatives, who suggested that the country should renegotiate several privatization deals signed with foreign investors. Among the projects that SYRIZA intents to renegotiate...