Panos Skourletis
Business
Greek Government Grants Eldorado Gold Permit for Olympias Mine
The Greek government has granted Hellas Gold, a subsidiary of Canada's Eldorado Gold, a license for the Olympias mine in northern Greece.
The company made the announcement on Tuesday, after Greece's Environment and Energy Ministry gave the mining company the...
Greece
Ionian Islands Plan First Water Airport Network in Greece
Ionian Islands Regional Authority plans to spend around 200,000 euros to build the necessary infrastructure in ports and to approve licensing of four new water airports in Cephalonia, Ithaka, Lefkada and Meganisi, after approving licenses for Corfu and Paxi...
Business
Rift Between Greek Environment Minister and Canadian Mining Company
Greek Energy Minister Panos Skourletis said Paul Wright, CEO of the Eldorado Gold mining company operating in Greece, shorted the shares of his own company, with the company spokesperson calling the statement "utter nonsense."
The rift between the two men...
Business
Gold Mine Company Wins Appeal in Greece's Highest Court
Greece’s Council of State has annulled the government’s decision in 2015 to revoke Eldorado Gold’s mining license, according to court documents published on Wednesday.
The Canadian-based mining company had appealed to Greece’s top court to overturn the ban on its...
Greece
Skourletis Accuses Eldorado of 'Political Show'
Greek Environment and Energy Minister Panos Skourletis accused Eldorado Gold of staging a “political show” and of “blackmail”, saying the company's CEO must understand that “Greece is a modern European democracy”.
Speaking to SKAI radio on Wednesday, Skourletis stressed that...
Business
Greek Govt Imposes €1.7Mln Fine to Eldorado Gold Mining Co.
The Greek government imposed on Tuesday 1.7 million euros in fines to Eldorado Gold, the Canadian-based mining company operating four mines in Greece.
The fine was imposed by the Environment and Energy Ministry just before Eldorado Gold CEO Paul Wright spoke...
Economy
Eldorado Gold to Stop Investments in Greece
Canadian mining company Eldorado Gold says it is suspending work at a site in northern Greece and laying off 600 workers following protests by local residents and a spat with the country's left wing government.
The Vancouver, Canada-based company said...
Energy
Energy Minister Skourletis: 'Agreement on ADMIE a Huge Success for the Government'
"The agreement for Independent Power Transmission Operator (ADMIE) has closed and its implementation is underway. The agreement clearly states the need for PPC to be compensated" stated Environment and Energy Minister Panos Skourletis in an interview to newspaper Agora.
"We...
Energy
Greek Public Power Corporation is Owed 2 Billion Euros
Greek citizens, private businesses as well as municipalities owe the Public Power Corporation (DEH), Greece'e state owned electricity provider, two billion euros.
During an interview with newspaper 'Epochi' Greek Energy Minister Panos Skourletis noted that as a result of the growing amounts...
Greece
Council of State Reportedly Overrules Greek Energy Minister’s Stoppage of Mining in Northern Greece
The Council of State (CoS), Greece ’s highest administrative court, on Monday abrogated a ministerial decision by former productive reconstruction, environment and energy minister Panos Skourletis to revoke the operating license of the Hellas Gold mining company in Halkidiki...