Hatzidakis

Greek PM meets with Eldorado Gold CEO

Greek Prime Minister Kyriakos Mitsotakis met with the chief executive officer of Canadian miner Eldorado Gold, George Burns, his Athens said on Friday.

According to the announcement, the prime minister reiterated the government's support for the company's investment plans in Greece on the condition that it respects environmental regulations and generates jobs.

Public Power needs revenue injection as early as possible

An effort to boost Public Power Corporation's (PPC) revenues without increasing the burden on consumers - as promised by Energy Minister Kostis Hatzidakis and PPC's new management under Giorgos Stassis - is looking like an increasingly challenging task, as estimates of the amount needed to balance the company's accounts are estimated at 700 million euros on an annual basis.

No policy shift seen on Crete-Attica power interconnection

The new Greek government will toe the line of its predecessor on the urgent need for and the safeguarding of the construction of the Crete-Attica power interconnection project, while supporting the international connection of Greece with Cyprus and Israel, according to statements made by Energy Minister Kostis Hatzidakis after his visit to Cyprus.

Greece seeks to kickstart stalled Eldorado gold mine investment

Greece's recently-elected government wants a stalled gold mine investment by Canada's Eldorado to be revived, its energy minister said on Tuesday after meeting company executives.
Vancouver-based Eldorado has two operating mines and two development projects in northern Greece but has struggled with permit delays at one location, Skouries, for years.

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