A new report claims the country’s largest silver mines are bankrupt.
The new report from the European Union’s Environment Agency shows Greece’s copper, nickel, and zinc mines are the biggest silver mine in Europe.
The report also reveals that some of the nation’s largest mines have experienced huge declines in the number of miners since the beginning of the financial crisis.
The agency’s report found that the Greek mining sector has experienced significant financial distress, with a loss of about 2,400 mining jobs in the past five years, according to Reuters.
The mines were also in the midst of a major decline in demand, with mines producing fewer copper, zinc and silver than ever before.
The number of workers on the mines has also declined since the crisis began, as the government has cut subsidies.
However, the new report says that the government is making headway in reducing the number and severity of the mine closures.
The latest reports comes as Greece’s government has been forced to close the largest mine in the country, the Golden Age mine, which produced 2.4 million metric tons of copper in 2014.
The country also has the second largest nickel mine in Greece, which produces 1.6 million metric ton of nickel.
As the recession deepened, the government began to phase out coal and reduce the number or the intensity of coal-fired power plants.
However the government’s plans to phase back on coal-burning power generation have not been realized.
The government has also recently announced that it will begin to phase down its nuclear power program, and will only be able to generate electricity through nuclear power plants until 2022.