Greece
Calamos Supports GreeceCalamos Supports Greece

Cosco

China's Cosco Reports US$13.6m Profit from Greece's Piraeus Terminal

Chinese giant Cosco reported profits for the first half of 2018 in excess of US$13 million from Greece's Piraeus Terminal, where the group has a controlling stake. Due to the appreciation of the euro, profit recorded by Piraeus Terminal from...

Top 4 Direct Foreign Investments in Greece for 2018

With the end of the third bailout program in August, foreign investments in Greece will continue stronger for the next years as the economic outlook appears more promising than in the crisis years. In this light, foreign giants continue to...

China Complains over Picketing at Piraeus Port

Picketing of a Chinese-run cargo terminal at Piraeus this week, has sparked diplomatic tensions between Athens and Beijing. Greek media reports on Friday claimed China's embassy in Athens complained to the government about an incident that took place on Thursday....

Greece's Port of Piraeus Ranked 7th Largest in Europe

Piraeus has been ranked 7th biggest among Europe's 20 largest ports in 2017, according to new study by a leading industry journal. According to Port Economics, the total traffic of containers at Piraeus reached above 4,057 20-feet equivalent units (TEUs), rising...

Greek Shipyard Faces Liquidation

Chinese state involvement in Greece's maritime sector could intensify after an Athens court ruled the liquidation of Hellenic Shipyards in Skaramagas could go ahead. Cosco, which has had control of Piraeus port since 2016 and recently docked the world's largest containership...

World's Biggest Container Ship Docks in Greece

Monday was another red-letter day for Greece's shipping sector as the largest ever cargo vessel to dock at Piraeus was welcomed by a high-level Sino-Greek team of executives and ministers. The giant Cosco Shipping Taurus made its maiden call in...

Chinese Investment in Greece and Sino-Greek Relations

China's growing presence in Greece through major investments and the purpose of this large scale initiative, is the subject of a new report by the Institute of International Economic Relations (IIER). The report, titled "Chinese Investment in Greece and the Big Picture...

Tsipras Inaugurates China's Exhibition Area at TIF, Invites More Chinese Companies to Invest in Greece

China's honourary status at the 82nd Thessaloniki International Fair (TIF) this year is the culmination of a relationship that has strengthened in recent years and has much to offer in the years to come, Prime Minister Alexis Tsipras said...

Chinese Investors First in Taking Advantage of Greece's Golden Visa Program

The Golden Visa program is one of the most inventive projects created by Greece's Ministry of Economy to lure foreign investors in order to help the country's economy recover from the slump. The Golden Visa program is offering five-year residency...

Cosco and SIPG to Sign Key Agreement in Piraeus

China Cosco Shipping Corporation Limited chairman Xu Lirong is about to arrive in Athens to sign two memorandums of cooperation, both of which are of high symbolic importance to Beijing, according to daily Kathimerini newspaper. Xu will be joined...