Council of State cancels minister’s decision for Hellas Gold

3 November 2015
56 Views

The Council of State (CoS), Greece’s highest administrative court, cancelled on Monday a decision by the former Productive Reconstruction, Environment and Energy Minister Panos Skourletis which revoked the operating license of mining company Hellas Gold in Chalkidiki, sources said.

According to the ministry, the revocation of the mining license had been decided because the company had violated a condition stating that the planned tests on deposits from the site of Olympias and Skouries had to be done on site, within the premises of the mines and not at Outotec in Finland.

In its first ruling, the CoS had said that the fact that these tests had taken place abroad was not enough to justify a revocation of the license.

The full decision will be announced within this month.

You may be interested

Things to do when visiting Paleokastritsa, Corfu
GREECE
shares106 views
GREECE
shares106 views

Things to do when visiting Paleokastritsa, Corfu

Panos - Jul 21, 2017

Paleokastritsa in Corfu Greece is one of those places that has an otherworldly appeal. Located in the northwest coast of…

Kos airport management reports says facility operating normally, safely; only minor delays cited
GREECE
shares230 views
GREECE
shares230 views

Kos airport management reports says facility operating normally, safely; only minor delays cited

Panos - Jul 21, 2017

Fraport Greece on Friday morning assured that the airport on the quake-hit island of Kos is operating normally and safely…

Inaugural sale of Greek bank’s NPL portfolio set for August
FINANCE
shares129 views
FINANCE
shares129 views

Inaugural sale of Greek bank’s NPL portfolio set for August

Panos - Jul 21, 2017

The inaugural sale of a portfolio of "bad debt" held by Greece's systemic banks is expected in early August, with…

Leave a Comment

Your email address will not be published.