The president of the Hellenic Federation of Enterprises (SEV), Theodoros Fessas, has launched an initiative to save Eldorado Gold’s investment in the Halkidiki gold mines, as part of the federation’s campaign to attract and support investments in the industrial sector.

On Monday the management of Eldorado Gold visited SEV’s headquarters upon Fessas’s invitation, providing information about its investment plans in northern Greece, as well as the situation at the Halkidiki gold mines following successive interventions by former environment minister Panayiotis Lafazanis and the current holder of the post, Panos Skourletis, and rulings by the Council of State, the country’s highest administrative court.

The chief executive of Eldorado Gold, Paul Wright, informed SEV about the 1-billion-euro investment in Halkidiki, noting that the firm’s shareholders include a number of major fund management companies, such as BlackRock and Fidelity, that could attract more foreign direct investment to Greece if they saw the investment climate improving.

Fessas called for an open dialogue involving all sides at the Halkidiki gold mines “so as not to put one of the very few large-scale foreign investments today in Greece at risk.”

source: ekathimerini.com, 26/10/2015