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ZELENA AKCIJA / FOE Croatia welcomes the EBRDs cancelation of the loan for controversial Croatian dam

Zagreb, May 28 – Croatian electricity company HEP and the European Bank for Reconstruction and Development (EBRD) have cancelled a EUR 123, 2 million loan contract for the controversial Ombla underground hydropower plant near Dubrovnik HEP announced yesterday. In this way, implementation of this harmful project is being stopped, considerind it was highly depending on EBRD loan.


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