Planned investments totaling 1.7 billion euros over the coming period were cited on Thursday by the head of the association of mining companies in Greece, while investments between the 2007 and 2014 period reached 2.1 billion euros.
Greek Mining Enterprises Associations (SME) President Athanasios Kefalas said that despite the severe seven-year economic crisis in the country, the mining sector remains robust, as shown by its ability to attract investments.
He spoke at an event sponsored by the Foundation for Economic and Industrial Research (IOBE) to unveil a study on the mining sector in Greece.
The mining industry and its derivatives, as a whole, are estimated to contribute 6.2 billion euros to the country’s GDP, a figure that corresponds to 3.4 percent of the domestic employment market.
