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HBOR says Greek claim for collateral payment partly groundless

Author: Marija Šestan

ZAGREB, Jan 11 (Hina) - The Croatian Bank for Reconstruction and Development (HBOR) on Wednesday confirmed that it had received a Greek complaint letter demanding payment of collateral over failure by a Croatian shipyard to deliver patrol boats, and HBOR, which provided the collateral for the deal, said that the Greek demand was partly groundless.

(Hina) ms

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