New Democracy critical of government as Canadian mining company suspends investment

Posted by Christian J. Hadjipateras 11/09/2017 0 Comment(s) Economia Blog,
The Canadian mining company, Eldorado Gold, has suspened investments at its mines and development projects in Greece because of a delay in receiving permits from the Greek government proving yet again that SYRIZA is putting its hard-left ideologies ahead of the country’s interests. New Democracy spokesman Vassilis Kikilias accused the SYRIZA-led administration of having a serious allergy to free-market policies and foreign investment.
Eldorado, a Greek subsidiary Hellas Gold, said it would continue maintenance and environmental safeguards, but would make no further investment in three mines. 'Permitting delays have negatively impacted Eldorado’s project schedules and costs, ultimately hindering the company’s ability to effectively advance development and operation of these assets,’ the company statement said. 

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