En­ergean gets $20 mln loan deal from EBRD

Kathimerini English - - Front Page -

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.

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