Broke Greece Is Sitting on an Actual Gold Mine – And Wants to Shut It Down
May 04, 2015 at 12:11 PM EDT
The Greek debt crisis is bigger than the fate of a single gold mine, but this is a story about how political ideology often trumps common sense. Greece should be doing everything it can to prop up its economy as it seeks to avoid a financial disaster. But the leftist Syriza party, elected to power in January, has done everything it can to shut down a lucrative gold mine run by Canadian gold miner Eldorado Gold Corp. (NYSE: EGO).They say it's about protecting the environment. But there's more to it than that - and it defies logic... Tags: broke greece , gold miner , Greece , greek debt , Greek Debt Crisis To get full access to all Money Morning content, click here About Money Morning: Money Morning gives you access to a team of ten market experts with more than 250 years of combined investing experience – for free . Our experts – who have appeared on FOXBusiness, CNBC, NPR, and BloombergTV – deliver daily investing tips and stock picks, provide analysis with actions to take, and answer your biggest market questions. Our goal is to help our millions of e-newsletter subscribers and Moneymorning.com visitors become smarter, more confident investors. Disclaimer: © 2015 Money Morning and Money Map Press. All Rights Reserved. Protected by copyright of the United States and international treaties. Any reproduction, copying, or redistribution (electronic or otherwise, including the world wide web), of content from this webpage, in whole or in part, is strictly prohibited without the express written permission of Money Morning. 16 W. Madison St. Baltimore, MD, 21201. The post Broke Greece Is Sitting on an Actual Gold Mine – And Wants to Shut It Down appeared first on Money Morning - We Make Investing Profitable .