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Bill approving COSCO-OLP deal to be tabled in parliament today

The government will submit to parliament on Tuesday a bill for the approval of the concession agreement with COSCO that allows the shipping giant to acquire a majority stake in Piraeus Port (OLP), following fast-track procedures, parliament resident Nikos Voutsis announced.

The aim is to approve the deal in the plenum by Friday, ahead of Prime Minister Alexis Tsipras’ official visit to China.

The bill is being submitted in extraordinary mode, limiting any debate to the minimum. The move was decried earlier by KKE MP Liana Kaneli, who suggested that the government is trying to hoodwink the public through the brevity of parliamentary procedure.