Search
00
GBAF Logo
trophy
Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking and Finance Review

Global Banking & Finance Review

Company

    GBAF Logo
    • About Us
    • Profile
    • Privacy & Cookie Policy
    • Terms of Use
    • Contact Us
    • Advertising
    • Submit Post
    • Latest News
    • Research Reports
    • Press Release
    • Awards▾
      • About the Awards
      • Awards TimeTable
      • Submit Nominations
      • Testimonials
      • Media Room
      • Award Winners
      • FAQ
    • Magazines▾
      • Global Banking & Finance Review Magazine Issue 79
      • Global Banking & Finance Review Magazine Issue 78
      • Global Banking & Finance Review Magazine Issue 77
      • Global Banking & Finance Review Magazine Issue 76
      • Global Banking & Finance Review Magazine Issue 75
      • Global Banking & Finance Review Magazine Issue 73
      • Global Banking & Finance Review Magazine Issue 71
      • Global Banking & Finance Review Magazine Issue 70
      • Global Banking & Finance Review Magazine Issue 69
      • Global Banking & Finance Review Magazine Issue 66
    Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

    Global Banking & Finance Review® is a leading financial portal and online magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management.
    Copyright © 2010-2025 GBAF Publications Ltd - All Rights Reserved.

    ;
    Editorial & Advertiser disclosure

    Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    Home > Headlines > Greece reveals boundaries of two marine parks in Ionian and Aegean seas
    Headlines

    Greece reveals boundaries of two marine parks in Ionian and Aegean seas

    Greece reveals boundaries of two marine parks in Ionian and Aegean seas

    Published by Global Banking and Finance Review

    Posted on July 21, 2025

    Featured image for article about Headlines

    ATHENS (Reuters) -Greece revealed on Monday the boundaries of two planned marine parks in the Ionian and Aegean seas, with Prime Minister Kyriakos Mitsotakis saying they will be the largest in the Mediterranean region.

    Athens wants to establish the parks, for the protection of sea mammals and turtles in the Ionian Sea and for seabirds and seals in the Aegean, this year. Mitsotakis said they will help the country meet its global commitment to expand marine protected areas to 30% of its waters by 2030.

    "They will allow us to meet the target ... way ahead of schedule," Mitsotakis said. "They will be vast sanctuaries for life beneath the waves," he said, adding that trawling of the sea floor will be banned inside the zones.

    The environmental studies on the parks' boundaries were submitted on Monday for public consultation until September 22.

    The planned Aegean Sea park has previously stirred tensions between Greece and neighbouring Turkey, with the two countries at odds over a range of issues including maritime boundaries.

    Athens has said the park's boundaries are within Greece's territorial waters.

    Turkey's Foreign Ministry said Greece was exploiting universal values such as environmental issues, that the parks would have no legal bearing on disputes between the neighbours in the Aegean and Mediterranean, and that Turkey will announce its own projects for marine life protection in coming days.

    "Unilateral actions should be avoided in closed or semi-enclosed seas such as the Aegean and the Mediterranean," it said in a statement, adding Ankara was ready to work with Athens as a fellow Aegean coastal state to address any outstanding disputes while the NATO allies try to maintain positive sentiment.

    The Aegean park, at 9,500 square kilometres, will initially expand around the southern Cyclades islands, further south from Turkey, according to the maps Greece submitted on Monday, along with the environmental studies.

    The size of both parks is seen at 27,500 km2, government officials said, and Greece wants to expand them further.

    When the public consultation ends, the Environment Ministry will draft two presidential decrees, which will be submitted to the Council of State by the end of October, the officials added. The parks will be established once the decrees are published.

    (Reporting by Renee Maltezou; Additional reporting by Tuvan Gumrukcu in Ankara; Editing by David Holmes and Dale Hudson)

    Related Posts
    Zelenskiy tells Europe: Use frozen assets to end Russia's appetite for war
    Zelenskiy tells Europe: Use frozen assets to end Russia's appetite for war
    US Congress passes massive defense bill that includes support for Ukraine and Europe
    US Congress passes massive defense bill that includes support for Ukraine and Europe
    Sarajevo takes steps on air quality after most-polluted city ranking
    Sarajevo takes steps on air quality after most-polluted city ranking
    Slovakia's top court pauses government overhaul of whistleblower agency
    Slovakia's top court pauses government overhaul of whistleblower agency
    Brazil threatens to abandon Mercosur-EU deal as Italy, France seek delay
    Brazil threatens to abandon Mercosur-EU deal as Italy, France seek delay
    EU rules out UK exemption from carbon border levy until markets link
    EU rules out UK exemption from carbon border levy until markets link
    Poland prioritises domestic arms purchases under EU SAFE programme
    Poland prioritises domestic arms purchases under EU SAFE programme
    G7 condemns prosecution of Jimmy Lai, calls for his release
    G7 condemns prosecution of Jimmy Lai, calls for his release
    UK's Inocea Group eyes acquisition of Germany warship builder GNYK, source says
    UK's Inocea Group eyes acquisition of Germany warship builder GNYK, source says
    US allows oil sales from Russia's Sakhalin-2 project through June 18
    US allows oil sales from Russia's Sakhalin-2 project through June 18
    UK exempts Egypt's Zohr gas field from Russia sanctions
    UK exempts Egypt's Zohr gas field from Russia sanctions
    ECB proposes extending Elderson's mandate at bank supervision arm
    ECB proposes extending Elderson's mandate at bank supervision arm

    Why waste money on news and opinions when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe

    More from Headlines

    Explore more articles in the Headlines category

    Exclusive-Poland to start producing anti-personnel mines to lay along eastern border

    Exclusive-Poland to start producing anti-personnel mines to lay along eastern border

    German budget committee clears 50 billion euros in defence contracts

    German budget committee clears 50 billion euros in defence contracts

    Germany opens joint drone defence centre in Berlin

    Germany opens joint drone defence centre in Berlin

    Finland's prime minister apologises to Asian nations over racism scandal

    Finland's prime minister apologises to Asian nations over racism scandal

    Spanish city evicts hundreds of migrants from occupied building

    Spanish city evicts hundreds of migrants from occupied building

    US confirms tariff elements of trade deal with Switzerland

    US confirms tariff elements of trade deal with Switzerland

    Swedish explosives start-up gets permit for TNT factory

    Swedish explosives start-up gets permit for TNT factory

    US gaming platform Roblox pledges changes to get Russian ban lifted

    US gaming platform Roblox pledges changes to get Russian ban lifted

    Italy, France say it is 'premature' to sign EU-Mercosur trade deal

    Italy, France say it is 'premature' to sign EU-Mercosur trade deal

    Germany warns against jeopardizing peace after Trump's Venezuela tanker blockade

    Germany warns against jeopardizing peace after Trump's Venezuela tanker blockade

    Analysis-Gold forecast to glitter again next year despite biggest gain since 1979

    Analysis-Gold forecast to glitter again next year despite biggest gain since 1979

    UK police plan tougher action against antisemitic chants and protests

    UK police plan tougher action against antisemitic chants and protests

    View All Headlines Posts
    Previous Headlines PostPalestine Action's co-founder asks UK court to overturn terror group ban
    Next Headlines PostPope speaks against forced mass displacement of Gaza civilians