ATHENS: Lawmakers have approved the sale of a 67 percent stake of the Thessaloniki Port Authority in Greece’s second largest city, in a deal worth 232 million euros ($285 million).
Parliament ratified the concession agreement through 2051 which was signed in December with the consortium South Europe Gateway Thessaloniki. The consortium is comprised of Germany’s Deutsche Invest Equity Partners GmbH, Greek-Russian Belterra Investments, and France’s Terminal Link SAS.
Thursday’s approval follows the 2016 privatization of Greece’s largest port of Piraeus through the sale of a majority stake to China’s Cosco group.
Greece’s left-wing government says it’s committed to continuing cost-cutting reforms and privatization after the country’s international bailout ends in August. It will present rescue creditors a development plan in April to be used to gauge post-program surveillance and debt relief.
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Greece approves port sale in second-largest city
Greece approves port sale in second-largest city
US VP says Venezuela can only sell oil if it serves US interests
- The United States controls Venezuela’s purse strings, Vance said
WASHINGTON: US Vice President JD Vance, in remarks due to air later on Wednesday, said Venezuela can only sell its oil if it serves the interests of the United States.
Vance told Fox News’ “Jesse Waters Primetime” show that the United States — which carried out strikes against the South American country and captured its president over the week — controls Venezuela’s purse strings.
“We control the energy resources, and we tell the regime, you’re allowed to sell the oil so long as you serve America’s national interest, you’re not allowed to sell it if you can’t serve America’s national interest,” Vance said.
Excerpts of the interview were released before it aired.
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