For The Real News, I speak with with Giorgos Gogos, general Secretary of the Dockworkers Union at the Port of Piraeus in Greece.
As Giorgos explains, the Troika of Greece’s creditors forced the privatization of 67% of the massive Port of Piraeus. The purchase price amounted to a pittance.
As a result, the most secure and lucrative state asset in Greece, which could have generated ongoing revenue to ease Greece’s crushing debt load, is now under the control of Chinese shipping company Cosco.
My interview of Mr. Gogos can be seen here: