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On Chinese investment plans to be discussed with 16 East European and Balkan nations in Hungary: a high-speed train link between Belgrade and Budapest, to reach a Chinese-built port at Thessaloniki. BBC News 27 November, 2017, from 3.30 point.
Is the plan to use both Piraeus port and a new port at Thessaloniki?
Chinese premier arrives in Hungary for official visit, China-CEEC meeting
THE 6TH SUMMIT OF HEADS OF GOVERNMENT OF CENTRAL AND EASTERN EUROPEAN COUNTRIES AND CHINA - "Deepening economic, trade and financial cooperation for win-win development, This year, on the fifth anniversary of the formation of 16+1 cooperation, its highest forum, the China-CEEC Summit of Heads of Government will be held in Budapest, Hungary on November 27, 2017, chaired by Hungarian Prime Minister Viktor Orbán".
Related (from Politico): China hits roadblocks in Central Europe, Tough competition laws and investment from the bloc slow Beijing’s infrastructure push.
From GB Times - EU probe threatens landmark China-Hungary rail project
From New York Times - Behind China’s $1 Trillion Plan to Shake Up the Economic Order
Update, Euronews - China looks to new Silk Road through Eastern Europe
US Ambassador Chastizes Privatization Of Thessaloniki Port! Observing Greece, Klaus Kastner
From Financial Times - EU sets collision course with China over ‘Silk Road’ rail project
'European officials told the Financial Times that the investigation was assessing the financial viability of the $2.89bn railway and looking into whether it had violated European Union laws stipulating that public tenders must be offered for large transport projects. “The commission services are assessing the compliance of the project with EU law. The dialogue with the national authorities is ongoing,” said a European Commission spokeswoman'.
Hungary-Serbia railway launched at China summit, EU Observer
From EuroIntelligence: "Work will start on the Hungary-Serbia leg of a high-speed rail link between Hungary and Greece, in which China is investing - we observe that the EU, by not investing in its periphery, opens it up to foreign investment which it then criticises".
Chinese Investment in Greece and Sino-Greek Relations, Greek Reporter
Updates:
Privatization of Thessaloniki Port postponed as Russian guarantor bank gets bailout, KTG
Kathimerini Report in Greek
Thessaloniki Port Sold to German Fund, Greek Reporter
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