PAPER: FRANCE TO SCRAP 1BN FUNDING TO ARMENIA OVER KARABAKH
November 14, 2012 - 15:56 AMT
PanARMENIAN.Net - As Zhoghovurd daily reported citing diplomatic
sources, French President Francois Hollande expressed readiness to
organize a meeting between Armenian leader Serzh Sargsyan and his
Azeri counterpart Ilham Aliyev if Armenia agrees to ratify a document
on Karabakh conflict settlement.
President Sargsyan, however, refused the offer, noting the step as
impossible on the threshold of 2013 presidential elections in Armenia.
"The President's refusal brought the issue to a stalemate; which
means Yerevan won't be receiving a funding of $1bn for new energy
unit construction, promised by France," the daily said.
From: A. Papazian