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Significance
Unionised workers have staged several industrial actions against the port’s Chinese owners, the China Ocean Shipping Company (COSCO). The recent death of an employee has raised again concerns about working conditions. There are concerns more widely about the Chinese giant’s impact on the local business and marine environments, and whether it honours its agreements.
Impacts
The current centre-right government will have less cordial relations with China than its left-wing predecessor.
Amid its disputes with COSCO over its investment agreement, Athens will strive to portray Greece as a safe place for foreign investors.
COSCO will endeavour to improve its image locally by proclaiming environmental initiatives and supporting charities.
Keywords:
Greece,
Chile,
EUR,
Balkans,
EU,
United States,
GREECE/CHINA,
economy,
industry,
international relations,
politics,
social,
corporate,
foreign investment,
infrastructure,
transport,
unions,
environment,
equities,
foreign policy,
health,
judicial,
public sector,
regulation,
shipping,
strike,
summit,
Transport & logistics
© Oxford Analytica 2021. All rights reserved. This content contains general information about geopolitical, macroeconomic and social developments or (where stated) other matters. It does not contain advice or recommendations that may be relied on. Where links to external websites are provided, this does not indicate that Oxford Analytica or Emerald agree with, endorse or have checked for accuracy the contents of said sites.
2021
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