The Knesset Finance Committee approved, Tuesday morning, guarantees totalling a billion shekels for the Israel Electric Company.
The guarantees are intended to enable the utility to issue stock and raise money to deal with a negative cash flow.
11:17 Reported News BriefsCheshvan 28, 5773 , 13/11/12Billion Shekels in Guarantees for Electric CompanyThe Knesset Finance Committee approved, Tuesday morning, guarantees totalling a billion shekels for the Israel Electric Company. The guarantees are intended to enable the utility to issue stock and raise money to deal with a negative cash flow. Other archived news briefs:Nov 13 2012, 11:17 AM, 11/13/2012
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