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Gov't allows HEP to take loan to cover debt

ZAGREB, May 31 (Hina) - The Croatian government on Thursday allowed the HEP electricity provider to take a HRK 400-million loan to cover its losses in the first quarter of 2012, with Deputy Prime Minister Radimir Cacic explaining that this state company incurred losses due to a long drought and redoubled costs for fuel, gas and for electricity imports in the first two months of the year.

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