Greece is no longer discussing the privatization of the country's two biggest ports in Piraeus and Thessaloniki, its government spokesman said.

"We are not discussing any further sale or privatisation of Piraeus Port or Thessaloniki port," Gabriel Sakellaridis told Greek television.

China's Cosco managed two of Piraeus port's cargo piers and had been shortlisted along with another four suitors as potential buyers of a 67 percent stake in the port under last year's privatization scheme. (Source: Reuters)