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Armenia Asks Russia For Financial Assistance

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  • Armenia Asks Russia For Financial Assistance

    ARMENIA ASKS RUSSIA FOR FINANCIAL ASSISTANCE

    Armenian Public TV
    Jan 23 2009

    Armenia has appealed to Russia to allocate a stabilization loan,
    Russian Deputy Prime Minister and Finance Minister Aleksey Kudrin
    has told [Russian] RIA Novosti agency.

    The Russian official did not specify the amount and terms of the loan
    to be allocated to Armenia, noting that negotiations are under way.

    Speaking in this regard, Armenian Finance Minister Tigran Davtyan said
    that Armenia is holding similar negotiations with all its partners
    in the trade and economic spheres, including the World Bank, the
    European Bank for Reconstruction and Development, Asian banks and
    Russia, in order to overcome the results of the financial crisis.

    Armenia expects to get several-million-dollar-loan which will revive
    the Armenian economy, Tigran Davtyan said.

    From: Emil Lazarian | Ararat NewsPress
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