March 1, 2016 / 1:19 PM / 2 years ago

Greece to review Eldorado's permits by end March - energy minister

ATHENS (Reuters) - Greece will evaluate Canadian Eldorado Gold’s permits by the end of March, its Energy Minister Panos Skourletis said on Tuesday.

A general view of the construction site of a mine of Hellas Gold, a subsidiary of Canadian mining company Eldorado Gold Corp, in Skouries, in the Halkidiki region, northern Greece in this February 15, 2015 file photo. REUTERS/Alexandros Avramidis

The Vancouver-based miner has been developing a mine construction in northern Greece, seen as the biggest foreign investment in the overindebted country.

Eldorado said in January it was suspending construction at its Skouries project and warned that it would do the same at its Olympias project if it did not receive a premit by the end of March.

“The company has submitted (for approval) specific studies,” Skourletis told Greek state television ERT. “They will be reviewd by the end of March.”

Reporting by Angeliki Koutantou

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