Piraeus Port Authority

OLP beefs up investment plan

Piraeus Port Authority (OLP), operator of Greece's largest port, has increased its investment plans to attract more business to what is one of Europe's biggest harbors, a government spokesman said on Wednesday.
OLP, majority owned by China's Cosco Shipping, has submitted an 800-million-euro plan to Greece's Shipping Ministry, government spokesman Stelios Petsas told reporters.

Piraeus Port beefs up investment plan, awaits Greece's approval

Piraeus Port Authority (OLP), operator of Greece's largest port, has increased its investment plans to attract more business at one of Europe's largest harbors, a government spokesman said on Wednesday.
OLP, majority owned by China's COSCO Shipping, has submitted to Greece's shipping ministry an 800-million-euro plan, government spokesman Stelios Petsas told reporters.

ATHEX: Benchmark yields more ground on low turnover

Fresh pressure on bank stocks inflicted losses on the benchmark of the Greek stock market on Tuesday, while trading volume remained sluggish.

The Athens Exchange (ATHEX) general index closed at 853.89 points, shedding 0.77 percent from Monday's 860.51 points. The large-cap FTSE-25 index contracted 0.64 percent to end at 2,107.21 points.

ATHEX: Fourth day of index growth

The Greek bourse appears to be betting on an imminent credit rating upgrade, with Fitch and Moody's expected to deliver their verdicts next month. As the benchmark headed higher for a fourth day in a row, on Friday it recorded respectable gains for the week, having risen by over 45 percent since the start of the year.

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