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PPA/COSCO Concession not affected by European Commission Decision

24 March 15 - RE+D Magazine
PPA/COSCO Concession not affected by European Commission Decision

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A European Commission decision issued on Monday, which orders Greece to recover incompatible state aid from Piraeus Container Terminal (PCT) does not apply to any part of the recent expansion of the concession agreement, through amicable settlement, to the Western Pier III of the Container Terminal and does not affect the economic relations of the two sides, according to a Piraeus Port Authority SA (PPA SA) announcement on Tuesday.

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