Greece’s Central Council for Modern Monuments has given Athens Mayor Giorgos Kaminis the green light to proceed with the necessary works for a makeover of the historic center of the Greek capital.

The 300-member Greek parliament on Thursday ratified by a 223-vote the sale of the Piraeus Port Authority (OLP) to Chinese shipping giant Cosco a day after the Hong-Kong based conglomerate said in letter that the terms for the deal submitted to parliament had been altered.

German investors are exploring opportunities in Greece to place their capital, according to the Hellenic Federation of Enterprises (SEV), following a meeting of country officials on the occasion of German Vice-Chancellor Sigmar Gabriel’s two-day visit to Athens last week.