Athens–Piraeus Electric Railways was under consideration that would have been built in two phases, reaching Nea Erithrea by the end of the first phase and Agios Stefanos by the end of the second phase. Due to lack of funding, this extension was canceled in 2011. Athens–Piraeus Electric Railways I.S.A.P. or Athens–Piraeus Electric Railways (, "Ilektrikoi Sidirodromoi Athinon-Pireos") was the oldest urban rapid transit system of Athens metropolitan area in Greece. Opened as a suburban railway line connecting Athens with the nearby major port city of Piraeus, it was gradually converted to full rapid transit operations, making it one of the oldest metro lines
Port of Piraeus the Greek government-debt crisis started in late 2009 the Greek government planned to privatize several state-owned assets. These assets are believed to be worth around 50 billion euros. One of these assets is the port of Piraeus. In October 2009 Greece leased docks 2 and 3 from PPA to the China Ocean Shipping (Group) Company (in short: COSCO) for a 35-year-period. For its presence at the port COSCO is paying 100 million euros every year. Terminal 1 is operated by PPA S.A. and has a capacity of nearly 1 million TEUs. Terminal 2's capacity is 3 million TEUs and is