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E.Tsiliopoulos

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Italian railway submits binding offer for TRAINOSE

Ferrovie Dello Stato Italiane S.p.A., the Italian railway, was the sole candidate to submit a binding offer for the sale of a 100 pct stake in TRAINOSE, the Greek trains operator, after completion of the binding offer procedure on Wednesday, Hellenic Republic Asset Development Fund (HRADF) said in an announcement.

Cosco to invest an extra €500m in Piraeus

Chinese shipping giant Cosco will dish out some 500 million euros over and above the paying price for the port of Piraeus, its managing director, Xu Lirong, said this week during talks with Greek Prime Minister Alexis Tsipras, who is in China on an official five-day visit to attract investments.