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Russian Govt To Support Armenia With $500 Million Loan

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  • Russian Govt To Support Armenia With $500 Million Loan

    RUSSIAN GOVT TO SUPPORT ARMENIA WITH $500 MILLION LOAN

    Prime-Tass English-language Business Newswire
    February 10, 2009 Tuesday 12:35 PM EET

    The Russian government has signed a preliminary agreement to provide
    a 15-year U.S. $500 million "stabilization" loan to the Armenian
    government, Armenia's Finance Ministry said Tuesday.

    The loan has a 4-year grace period, the ministry said.
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