Piraeus Port Authority

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.

Council of State approves contract for cruise terminal expansion, Cosco

The plenary of the Council of State has approved a contract for the expansion of a passenger terminal in Piraeus for the docking of cruise liners as well as the sale of a 67 percent stake of Piraeus Port Authority (OLP) to Cosco.
The country's top constitutional court has ruled in favor of those contracts, rejecting the appeals by construction company Terna SA.