ECONOMY

OLP employees to fight Cosco deal all the way

Employees at the Piraeus Port Authority (OLP) appeared determined to continue fighting the implementation of the concession contract with Chinese firm Cosco for the operation of the port’s container station, even if Parliament ratifies the deal. They accused the government yesterday of creating a «private monopoly» in Piraeus, conceding «colonial-style tax exemptions to Cosco.» They have called three-hour work stoppages for today and will restart their industrial action on Tuesday. OLP Chief Executive Nikos Anastasopoulos told Kathimerini that the deal will be to the benefit of the port as all possible safety clauses have been included in the deal. Cosco will have to bring in trade that will help Piraeus develop as a transit center so that it can rejoin the list of the biggest ports in the world.