The European Investment Bank will dole out approximately 200 million euros to help the Greek company Hellenic Petroleum SA increase its production of cleaner fuels. The loan will support the upgrading and rehabilitation of the Elefsina refinery located west of the Greek capital Athens.

About the author

  • Ivy Mungcal

    As former senior staff writer, Ivy Mungcal contributed to several Devex publications. Her focus is on breaking news, and in particular on global aid reform and trends in the United States, Europe, the Caribbean, and the Americas. Before joining Devex in 2009, Ivy produced specialized content for U.S. and U.K.-based business websites.