Tensions mount between Eldorado Gold and Greek government

A battle of jobs versus the environment is raging in northern Greece, as one of the country's largest foreign investors threatens to pull out.

Canadian mining group Eldorado Gold almost suspended operations last month, saying the government is not meeting contractual obligations, causing delays and costing it millions.

The two are now in court, with the government claiming it is trying to protect the environment.

Al Jazeera's John Psaropoulos reports from the Kassandra mines in northern Greece.

[Deltams]

Unbelievable. This has been going on for many years now and they still haven't figured it out.

[Havanaxx]

Greece government will let ElDorado Gold operate or risk losing next elections. We have taken a long position in $EGO since announcement on Kisladag (sept 2017) current price $1.35 target price $2.50 even without Greece assets. No investing advice.

[feohierro]

Canadians messing it up someplace else.

[Havanaxx]

Still waiting for the arbitration to end April 09, 2018 Any thoughts on the arbitration between ElDorado Gold (Canadian Miner) VS Greece Ministry of Enery & Environment.

[redwater]

Offer more in tax dollars. providing jobs isn't enough.

[TurinTurambarTolkien]

Man, that could buy a lot of souvlakis. I want one, now.

[nobodycancrossit]

But Greeks keep money in their secret shoe box economy won't change lol