Energean gets $20 mln loan deal from EBRD
The European Bank for Reconstruction and Development (EBRD) signed a $20 million loan deal with Greece’s privately owned Energean Oil&Gas, the country’s sole oil producer, to support existing and new projects, it said. Energean, 45 percent-owned by US hedge fund Third Point, has an output of more than 4,000 barrels per day from two oil fields in the Prinos
HFSF. Banks are awaiting the results of their boards’ assessments by the Hellenic Financial Stability Fund, whose Executive Committee members all resigned yesterday.