Sunday February 1, 2015 Search
Weather | Athens
16o C
13o C
News
Business
Comment
Life
Sports
Community
Survival Guide
Greek Edition
Greece takes steps to strengthen drill rights

In a step toward determining its sovereign rights over possible hydrocarbon deposits in its underwater areas, Greece has harmonized legislation with the 1982 United Nations Convention on the Law of the Sea (UNCLOS), Kathimerini understands.

Athens reportedly informed the UN last May of its position in regard to the delineation of the continental shelf, reserving the right under Law 4001/2011 to explore for hydrocarbon deposits on land, in lakes and in underwater areas over which the Hellenic Republic has sovereign rights under the provisions of the 1982 UNCLOS.

Athens is paving the way for seismic surveys to be conducted in the Ionian Sea, off Crete and in parts of the southeast Aegean, a move that would require it to declare an exclusive economic zone (EEZ) 200 nautical miles from its shores, or half the distance from its neighbors shores. Turkey wants bilateral negotiations on the issue.

Diplomatic sources suggest that Ankara has yet to submit a document to the UN outlining its position on the delineation of the continental shelf and its territorial waters.

Turkish Foreign Minister Ahmet Davutoglu commented Monday that if Greece defined its maritime economic zones, Turkey would take corresponding steps.

ekathimerini.com , Monday Jan 7, 2013 (21:29)  
Europe waits for proposals from Athens
Notes provide more clues on prison breakout scheme
Drug prices are falling but volume sold remains high
Tsipras plays down chance of rift
Dijsselbloem says Greece has to decide how to move ahead
The chairman of euro-area finance ministers group, Jeroen Dijsselbloem, said its up to the Greek government to decide how to move forward in resolving its economic and financial problems. D...
ECBs Constancio signals Greek waiver may end if program dropped
Vitor Constancio signaled that the European Central Bank stands ready to end its acceptance of Greeces junk-rated debt for bank funding if the government drops out of an aid program. If a n...
Inside Business
BASKETBALL
Panathinaikos preserves perfect home record
After yet another great performance at home, Panathinaikos defeated Galatasaray 86-77 in Athens on Friday to get to three wins in five games at the Euroleague top-16. The Greek champion shoo...
SOCCER
Gattuso: Unpaid OFI players couldnt buy food
Former coach Gennaro Gattuso has lifted the lid on the plight of crisis-club OFI Crete which has been banned from playing in the Super League until it clears mounting debts with its staff. T...
Inside Sports
ANALYSIS
Greece shakes Europes political kaleidoscope: expect the unexpected
By catapulting to power an improbable alliance of the hard left and nationalist far right, Greece has shaken up Europe's political kaleidoscope and may have signalled the end of an era of ce...
COMMENTARY
Unyielding truth
Finance Minister Yanis Varoufakiss recent statement that growth does not mean having Porsche Cayennes in the narrow streets of Greece has made something of an impression and is now being ...
Inside Comment
SPONSORED LINK: FinanzNachrichten.de
SPONSORED LINK: BestPrice.gr
RECENT NEWS
1. Dijsselbloem says Greece has to decide how to move ahead
2. Europe waits for proposals from Athens
3. Notes provide more clues on prison breakout scheme
4. Drug prices are falling but volume sold remains high
5. Tsipras plays down chance of rift
6. Ex-revenues chief Theoharis claimes political interference
more news
Today
This Week
1. Dijsselbloem says Greece has to decide how to move ahead
2. Greece shakes Europe's political kaleidoscope: expect the unexpected
3. US to work closely with Greece and EU to resolve differences, says White House
4. Merkel rejects debt writedown for Greece
5. Greek bank debt plummets as investors head for the exit
6. Greek markets plunge as SYRIZA digs in on challenge to austerity
Today
This Week
1. Greek Elections 2015 | LIVE
2. SYRIZA heads for historic victory but without majority
3. SYRIZA's win will test institutions
4. EU must accept that Greek debt relief is inevitable
5. Greek Elections 2015: The day after | LIVE
6. Athens may veto further EU sanctions against Russia
Find us ...
... on
Twitter
... on Facebook
About us  |  Subscriptions  |  Advertising  |  Contact us  |  Athens Plus  |  RSS  |   
Copyright 2015, H KAΘHMEPINH All Rights Reserved.