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Greece: New government opposes Canadian gold mine

By  |  February 1, 2015

Greece’s new left-wing government will cancel plans to sell the state natural gas utility and is firmly opposed to a Canadian gold mine that is among the biggest foreign investment projects in the country.

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    The Skouries gold mine operated by Vancouver-based Eldorado Gold in northern Greece was the flagship project of the last government’s foreign investment drive.

    “We are absolutely against it and we will examine our next moves on it,” Lafazanis,who recently joined the ministerial offices.

    Lafazanis said his government would move fast to revoke a law that allowed the state to spin off power utility PPC and which opened the way for the sale of 30 percent of its production capacity to investors.

     

    Full Content: Mail Online

     

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