// IP Marketing video - START// IP Marketing video - END

Armenia negotiating USD 2 bln loan agreement with Russia – paper

Armenia negotiating USD 2 bln loan agreement with Russia – paper

PanARMENIAN.Net - According to 168 Zham daily, ex-Foreign Minister Vartan Oskanian stated a month ago that Armenia was negotiating a loan agreement at the amount of USD 1 bln with Russia.

Meanwhile, sources said the amount of the loans negotiated totaled USD 2 bln.

Deputy Minister of Finance Vardan Aramyan neither denied, nor confirmed the reports Aug. 22, noting that RA government is in constant search of ways to fill the budget deficit, the paper claims.

This incited disagreements within the ruling elite, with Prime Minister Tigran Sargsyan noting that the loan agreement will even further force Armenia into joining the Eurasian Union.

However, sources say President Serzh Sargsyan backs the idea, considering the possibility of the funds to shape better public attitude ahead of presidential elections, the paper says.

 Top stories
“Sadly, that tragedy, that genocide, was the first of the deplorable series of catastrophes of the past century,” Pope Francis said.
“May God bless Armenia, a land illumined by the courage of the martyrs and that hope which proves stronger than any suffering,” he said.
The pontiff will be greeted with the Hrashapar service which is traditionally offered as a service of welcome to top religious clerics.
Father Federico Lombardi said the papal visit underlines peace and the Pope’s desire to show his closeness to the entire nation of Armenia.
Partner news