COSCO

The future of Sino-Greek relations

Only a few days after Greece became the 17th member of the Chinese initiative for Central and Eastern Europe - now called 17+1 - Prime Minister Alexis Tsipras traveled to Beijing to attend the Second Belt and Road Forum for International Cooperation. It was his third visit to the Chinese capital, after July 2016 and May 2017.

Silk roads

Prime Minister Alexis Tsipras' presence at the Belt and Road Initiative Forum in Beijing Friday and Saturday, in addition to Greece's joining the initiative of 16 countries of Eastern and Southeastern countries with strong relations with China, shows how far Greece has come since 2009. That was when China's state-owned Cosco took over part of Piraeus's container port.

Dead ends everywhere

There was little chance of the government changing the economic policy mix it has relied on for the past four years in the runup to elections. Instead, it remains capable only of running up excessive primary surpluses through overtaxation while failing completely to revive the real economy.

Minister says KAS ruling does not threaten Cosco's investment

Environment and Energy Minister Giorgos Stathakis sought to dispel fears over possible setbacks in the investment plan of Chinese giant Cosco in Piraeus on Wednesday, after Greece's top advisory body on the protection of antiquities voted to declare part of the area in question to be of archaeological interest.

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