Greece's ELTA Reform Transferred to Digital Governance Minister; OECD Support for Climate Policy Initiated
On February 20, Greece's Minister of Digital Governance Kyriakos Pierrakakis took over the restructuring of the national postal service, ELTA, after concerns about management inefficiencies. Completion, now delayed to late April, may hinder profitability, with ELTA's management forecasting only marginal returns in 2026.
The OECD is set to support the Ministry of National Economy in creating a unit for climate policy, operational by 2026. Greek hydrocarbon exploration south of Crete challenges the Turkey-Libya maritime memorandum.
Tensions in the Aegean include postponed electricity interconnection projects. Eldorado Gold is expected to produce its first copper-gold concentrate in Q4 2026, forecasting significant gold output for that year.
