Arbitration

Greece granted Eldorado Gold Corp two remaining permits on Friday for its Olympias mine, the government's latest attempt to defuse a standoff with the Canadian miner, which has threatened to suspend investment in the country.

Slovenia and Croatia should implement the border arbitration ruling, but the responsibility for this lays with the two countries, Timmermans said in an interview with Delo's Saturday's supplement.

"We hope both sides will honour the ruling and implement it," he reiterated.

Greece plans to start an arbitration process this month to settle its differences with Canada's Eldorado Gold Corp over its gold mine development plans in northern Greece, its energy minister said on Thursday.

Greece plans to start an arbitration process in August to settle its differences with Canada's Eldorado Gold Corporation over a gold mine development, the Greek Energy Ministry said on Thursday.

Energy Minister Giorgos Stathakis met Eldorado's management in Athens on Wednesday and the two sides discussed the issue, the ministry said in a statement.

Ahead of an announced decision of the Permanent Court of Arbitration in The Hague on Thursday on the dispute over territorial waters between Croatia and Slovenia, Croatia has made it clear it will not accept the ruling.

BELGRADE - Following a complaint filed by the Tanjug News Agency, the tanjuginfo.rs portal - launched in November 2015 by show business manager Sasa Mirkovic, who usurped the brand name of the agency, with which he has no association - has been taken down.

Eldorado Gold Corp responded to a statement posted on the Greek Energy and Environment Ministry's website on Thursday about seeking arbitration over the Canadian company's gold mine investment, saying it has not received formal notification or any details of any arbitration proceedings.

A press release issued on behalf of the tribunal by the Permanent Court of Arbitration said that the tribunal had informed Slovenia and Croatia by letter on 29 March that there was no need for any further submissions from the parties in respect of the merits of the case.

Greek assets in the US face confiscation, Kathimerini understands, after an American court of arbitration upheld an older judgment by the International Chamber of Commerce ordering Athens to pay 40 million euros to a US-based company that supplied it with a security system for the 2004 Olympics known as C4I.

Sarajevo's third annual arbitration conference on Thursday will see experts promote more efficient mechanisms for settling financial disputes involving Bosnia and Bosnian companies, including three ongoing cross-border cases in which the Bosnian state is potentially liable for more than 700 million euros.