STOCKSHOTS: Greek port of Piraeus, new govt halts privatisation Greece's new left-wing government will halt the privatisation of the country's biggest port Piraeus, for which China's COSCO group has entered a bid. The move sparked condemnation among China's media who compared the move to a tale of Greek mythology in which the mythological figure of Phaeton is given the reins of the sun only to lose control and nearly destroy the earth. STOCKSHOTS of Piraeus port.