Browse through our Interesting Nodes on Environmental Issues in Greece Read the Convention Relating to the Regime of the Straits (24 July 1923) Read the Convention Relating to the Regime of the Straits (24 July 1923)
HR-Net - Hellenic Resources Network Compact version
Today's Suggestion
Read The "Macedonian Question" (by Maria Nystazopoulou-Pelekidou)
HomeAbout HR-NetNewsWeb SitesDocumentsOnline HelpUsage InformationContact us
Saturday, 21 December 2024
 
News
  Latest News (All)
     From Greece
     From Cyprus
     From Europe
     From Balkans
     From Turkey
     From USA
  Announcements
  World Press
  News Archives
Web Sites
  Hosted
  Mirrored
  Interesting Nodes
Documents
  Special Topics
  Treaties, Conventions
  Constitutions
  U.S. Agencies
  Cyprus Problem
  Other
Services
  Personal NewsPaper
  Greek Fonts
  Tools
  F.A.Q.
 

Athens Macedonian News Agency: News in English, 16-06-29

Athens News Agency: News in English Directory - Previous Article - Next Article

From: The Athens News Agency at <http://www.ana.gr/>

CONTENTS

  • [01] Shipping minister says government will examine COSCO's objections
  • [02] COSCO slams shipping ministry's 'obvious attempt' to change deal with OLP

  • [01] Shipping minister says government will examine COSCO's objections

    Shipping Minister Thodoris Dritsas left open the possibility to make changes and improvements to the draft bill ratifying a deal with China's COSCO, during a debate in the trade committee on Wednesday.

    Dritsas responded to questions from opposition MPs who asked to know how the government would respond to the letter sent by COSCO, in which it criticized the shipping ministry for unilaterally changing elements of the signed deal.

    "The government will look into it, will examine the objections, might reflect on possible improvements, will tackle all issues and we will see how to resolve the issue. This is the context of this issue. Nothing more, nothing less," Dritsas told parliamentarians.

    [02] COSCO slams shipping ministry's 'obvious attempt' to change deal with OLP

    Chinese shipping giant COSCO, who recently signed a deal with Greece's privatization agency (HRADF) for the sale of a majority stake in Piraeus Port (OLP), accused the shipping ministry on Wednesday of attempting to pass through parliament an altered agreement from the one signed with the company, in a letter sent to the parliament's trade committee.

    Parliament is debating a draft bill on the deal through a fast-track procedure that will allow it to be approved ahead of Prime Minister Alexis Tsipras' visit to China this weekend.

    "With the submission of the draft bill ratifying the new concession agreement between the Greek government and OLP, we were confronted with a very unpleasant surprise, as the content of the specific bill constitutes a complete reversal of what our company COSCO HK agreed with HRADF, as part of the acquisition of a majority stake in OLP," the General Manager of COSCO Hellas, Angelos Karakostas, said in his letter to HRADF and the parliamentary committee.

    Karakostas said the text of the draft law is a "completely different text" than the ratifying bill signed with HRADF, which is an "integral part" of the deal with the agency. He also said the text submitted is also "exact opposite" from "both the main conditions of the deal and the given facts" on which COSCO's bid was made.

    "The modifications of the agreed draft law are an obvious attempt of the shipping ministry to completely substitute OLP's administration, to render inactive almost all of the provisions of the concession deal and amend by law the achieved agreement," the letter continues.

    Karakostas then requests that the ministry restores the original text in a way that it reflects "fully and completely" what was agreed between Greece and the company.


    Athens News Agency: News in English Directory - Previous Article - Next Article
    Back to Top
    Copyright © 1995-2023 HR-Net (Hellenic Resources Network). An HRI Project.
    All Rights Reserved.

    HTML by the HR-Net Group / Hellenic Resources Institute, Inc.
    ana2html v2.01 run on Wednesday, 29 June 2016 - 20:39:06 UTC