China’s Biggest Investment in Greece Blocked by Archaeological Authority - News Summed Up

China’s Biggest Investment in Greece Blocked by Archaeological Authority


ATHENS—One of China’s biggest investments in Europe suffered a major setback after Greek bureaucrats declared much of a port a Chinese state-run company has bought into to be of archaeological interest, likely delaying a key Chinese infrastructure project. The decision is the latest example of the power of Greece’s much-feared archaeological authority, and is likely to increase longstanding Chinese frustrations about the progress of its projects in Greece.


Source: Wall Street Journal April 03, 2019 18:44 UTC



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