{"id":34936,"date":"2022-04-23T18:02:19","date_gmt":"2022-04-23T16:02:19","guid":{"rendered":"https:\/\/euronews.al\/en\/?p=34936"},"modified":"2022-04-23T18:09:45","modified_gmt":"2022-04-23T16:09:45","slug":"government-takes-e80-million-overdraft-to-buy-electrical-power","status":"publish","type":"post","link":"https:\/\/euronews.al\/en\/government-takes-e80-million-overdraft-to-buy-electrical-power\/","title":{"rendered":"Government takes \u20ac80 million overdraft to buy electrical power"},"content":{"rendered":"<p>The current energy crisis has forced the country\u2019s power supply company (OSHEE) to take an \u20ac80 million overdraft from domestic commercial banks.<\/p>\n<p>According to official data, the Energy Distribution Operator sealed 8 loan contracts with 4 separate banks in order to buy electricity.<\/p>\n<p>2 of these overdrafts were delivered in November and another 3 in December, while the deadline to pay the due amount is a year.<\/p>\n<p>The loan is part of an aid package allocated by the Albanian government for this sector, after soaring prices in the global market.<\/p>\n<p>In total, the executive approved \u20ac200 million in guarantees for OSHEE\u2019s debt, so that the loan would be with a low repayment risk and low-interest rates.<\/p>\n<p>The draft\u2019s interest rate for the months of November and December was over 5%, while the 12-month treasury bonds ranged from 1.6% to 1.7%.<\/p>\n<p>OSSHEE spent \u20ac228 million to secure electrical power for the first half of the year only for a price of \u20ac206 MWh.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The current energy crisis has forced the country\u2019s power supply company (OSHEE) to take an \u20ac80 million overdraft from domestic commercial banks. According to official data, the Energy Distribution Operator sealed 8 loan contracts with 4 separate banks in order to buy electricity. 2 of these overdrafts were delivered in November and another 3 in [&hellip;]<\/p>\n","protected":false},"author":24,"featured_media":34937,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[153],"tags":[151],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Government takes \u20ac80 million overdraft to buy electrical power - Euronews Albania<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/euronews.al\/en\/government-takes-e80-million-overdraft-to-buy-electrical-power\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Government takes \u20ac80 million overdraft to buy electrical power - Euronews Albania\" \/>\n<meta property=\"og:description\" content=\"The current energy crisis has forced the country\u2019s power supply company (OSHEE) to take an \u20ac80 million overdraft from domestic commercial banks. According to official data, the Energy Distribution Operator sealed 8 loan contracts with 4 separate banks in order to buy electricity. 2 of these overdrafts were delivered in November and another 3 in [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/euronews.al\/en\/government-takes-e80-million-overdraft-to-buy-electrical-power\/\" \/>\n<meta property=\"og:site_name\" content=\"Euronews Albania\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/euronews.al\/\" \/>\n<meta property=\"article:published_time\" content=\"2022-04-23T16:02:19+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-04-23T16:09:45+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/euronews.al\/en\/wp-content\/uploads\/2022\/04\/Shtylla.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"763\" \/>\n\t<meta property=\"og:image:height\" content=\"427\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Euronews Albania\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@euronewsalbania\" \/>\n<meta name=\"twitter:site\" content=\"@euronewsalbania\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Euronews Albania\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/euronews.al\/en\/government-takes-e80-million-overdraft-to-buy-electrical-power\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/euronews.al\/en\/government-takes-e80-million-overdraft-to-buy-electrical-power\/\"},\"author\":{\"name\":\"Euronews Albania\",\"@id\":\"https:\/\/euronews.al\/en\/#\/schema\/person\/40904b56ee024949b80be8199e47e27d\"},\"headline\":\"Government takes \u20ac80 million overdraft to buy electrical power\",\"datePublished\":\"2022-04-23T16:02:19+00:00\",\"dateModified\":\"2022-04-23T16:09:45+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/euronews.al\/en\/government-takes-e80-million-overdraft-to-buy-electrical-power\/\"},\"wordCount\":162,\"commentCount\":5,\"publisher\":{\"@id\":\"https:\/\/euronews.al\/en\/#organization\"},\"image\":{\"@id\":\"https:\/\/euronews.al\/en\/government-takes-e80-million-overdraft-to-buy-electrical-power\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/euronews.al\/en\/wp-content\/uploads\/2022\/04\/Shtylla.jpg\",\"keywords\":[\"Kryesoret\"],\"articleSection\":[\"Albania\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/euronews.al\/en\/government-takes-e80-million-overdraft-to-buy-electrical-power\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/euronews.al\/en\/government-takes-e80-million-overdraft-to-buy-electrical-power\/\",\"url\":\"https:\/\/euronews.al\/en\/government-takes-e80-million-overdraft-to-buy-electrical-power\/\",\"name\":\"Government takes \u20ac80 million overdraft to buy electrical power - 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