- Dubai Struggles to Ease Debt Fears; Investors Rattled
- US Businesses Already Moving On Ways to Curb Emissions
- Fannie Mae to Tighten Lending Standards: Report
- Investing in Good Karma – and Making a Profit
- Retailers Should Believe in Christmas Miracles
- Wal-Mart Price Pressure Hurts China Workers: Report
- Bankruptcies Jump, Hitting Highest Level in Four Years
- Steepest Black Friday Discounts, Revealed
- Where Do Pardoned Turkeys Go?
- 4 Thanksgiving Week Buys For Your Portfolio: Market Pros
- There's a 'Great Chance' For a Double-Dip Recession: Strategist
- Revenge of the Gangsta Nerds
- Will TCU See The "Flutie Effect?"
- Retail Earnings and Sales to Improve in Q4: Analyst
- Consumers Catching the Holiday Spirit
- It's Beginning To Look A Lot More Riskless
- Crescenzi: Claims Level Suggests End to Job Losses
- Hedge Funds Take Early Lead in Warren Buffett's 'Big Bet'
MOST SHARED
- Kuoni CEO Sees Recovery in Travel Sector
- Gold Retreats from Record High as Dollar Rebounds
- Chinese Overcapacity is Worsening, EU Chamber Warns
- Dubai Struggles to Ease Debt Fears; Investors Rattled
- Hyundai-Kia Targets Rapid China Growth in 2010
- Fannie Mae to Tighten Lending Standards: Report
- Great Britain, No Longer That Great: Investor
- China Unveils Carbon Target Ahead of Copenhagen
- Euro Shares Record Biggest Drop in 7 Months
Text Size 
ATHENS, Nov 6 (Reuters) - Greece has picked a former merchant marine minister to become the new chief executive of Piraeus Port (OLP), to renegotiate a controversial concession deal with China's Cosco Pacific. George Anomeritis, Merchant Marine Minister between 2001 and 2003, will also have to deal with a rolling strike by dockworkers, who are opposed to the agreement for fear of job cuts. "Mr. Anomeritis will take over as Chairman and chief executive at OLP, to start the dialogue on a renewed basis," government spokesman George Petalotis told reporters on Friday. Greece signed last year a 3.4 billion euro ($5.06 billion) deal with Cosco Pacific (CPL), the world's fifth-largest port operator, in an effort to turn the terminal into a regional hub. The deal is for CPL to run an existing and a planned new pier for up to 35 years. Incumbent CEO Nikos Anastassopoulos had offered his resignation to Greece's new, socialist government, which won a snap election last month. Greece owns 74 percent of OLP. Piraeus dock workers have staged a series of strikes since Oct. 1, the day Cosco Pacific was to start managing the port's piers, fearing the Chinese company would cut jobs. They suspended the walkout on Oct. 17 but resumed it this week, saying their demands were not met after talks with Greece's Economy minister Louka Katseli. The government has vowed to renegotiate the contract but Petalotis warned the workers on Friday that the talks would not start unless the strike is called off. (Reporting by Renee Maltezou, editing by Will Waterman) ($1=.6722 Euro) Keywords: PIRAEUSPORT CEO/ (renee.maltezou@reuters.com; +30 210 3376439, Reuters Messaging: renee.maltezou.reuters.com@reuters.net) COPYRIGHT Copyright Thomson Reuters 2009. All rights reserved.
The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
Print
Email
- For nearly three decades, these on-call experts have been dishing advice on how to – and not to – cook turkey.
- Ever wished your cab driver would stop nattering and just get to where you're going? Well that moment is near(er).
- Eric Schmidt pledges to create a virtual copy of the Iraq National Museum at Google’s expense.
- Bill Griffeth is taking a leave of absence from CNBC and Power Lunch for a year. Here's a message from Bill.
- More shoppers than ever plan to comparison-shop this season. Who will benefit?
- It may be the most unusual guide to business you'll read.
Data is a real-time snapshot *Data is delayed at least 15 minutes