Piraeus Port back in the black in first quarter

Piraeus Port Authority (OLP), the operator of Greece?s biggest port, posted a first-quarter net income of 522,000 euros compared with a 2.9-million-euro loss in the same period a year earlier, according to an e-mailed statement from the company on Monday.

Sales rose 7.3 percent in the three months through March 31, the company said.