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Armenian Prime Minister: Armenia Will Receive Stabilization Loan Fro

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  • Armenian Prime Minister: Armenia Will Receive Stabilization Loan Fro

    ARMENIAN PRIME MINISTER: ARMENIA WILL RECEIVE STABILIZATION LOAN FROM RUSSIA SHORTLY

    Arminfo
    2009-06-10 18:12:00

    ArmInfo. Armenia will receive stabilization loan from Russia shortly,
    Armenian Prime Minister Tigran Sargsyan said in response to ArmInfo's
    question on Tuesday.

    account within the coming days>, the premier said.

    Russia will provide Armenia with a $500 million stabilization loan
    at LIBOR+3% for 15 years and a 4-year grace period.
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