Mercator's Fate Uncertain as Contentious Loan Expires

Ljubljana, 2 June - The contentious 130m loan which provoked a government crisis in April and spelled the end for the boss of the state-owned NLB bank is due for payment on Wednesday amidst growing speculation about the fate of stakes in retailer Mercator and beverage company Pivovarna Lasko, which were used as collateral for the loan.

Ljubljana
Speculations are growing about the fate of Mercator as its majority owners face troubles repaying their loans.
Photo: Domen Groegl/STA

The rest of this news item is available to subscribers.
The news item consists of 2.207 characters (without spaces) or 453 words words.

Buy the news item. Price: 2 tokens; on account: 0 tokens.

ep/gj
© STA, 2009