Russia to grant $500 million credit to ArmeniaFebruary 5, 2009 - 12:23 AMT PanARMENIAN.Net - Russia will accommodate Armenia with a $500 million stabilization loan to alleviate the negative impact of the global financial crisis on the republic's economy, Russia's Minister of Finance said. "Russia will lend a helping hand to our neighbor states," Alexey Kudrin said when addressing British entrepreneurs in London. The list of the countries eligible for the assistance also includes Belarus and Kyrgyzstan, which will receive $2 billion each. Armenia requested for a crisis relief loan in late January. The amount was not announced. Top stories Azerbaijani President Ilham Aliyev arrived in Moscow on April 22 to hold talks with Russian counterpart Vladimir Putin. Authorities said a total of 192 Azerbaijani troops were killed and 511 were wounded during Azerbaijan’s offensive. In 2023, the Azerbaijani government will increase the country’s defense budget by more than 1.1 billion manats ($650 million). The bill, published on Monday, is designed to "eliminate the shortcomings of an unreasonably broad interpretation of the key concept of "compatriot". Partner news | Pashinyan’s spokesperson denies intention to visit Baku for COP29 Pashinyan’s agenda doesn’t include a trip to Baku for the COP29 conference, his press secretary Nazeli Baghdasaryan has said. Lithuania sending €100,000 to help Armenia fight floods consequences Armenian Prime Minister Nikol Pashinyan took to social media to thank his Lithuanian counterpart for the contribution. Armenia: Rescue workers restore pedestrian bridge for flood-hit community Rescue workers on Wednesday, June 5 restored a pedestrian bridge in the town of Alaverdi in Armenia’s north. Turkey condemns Uruguay’s recognition of Armenian Genocide Turkey has condemned a newly passed law in Uruguay that recognizes the Armenian Genocide, TRT reports. |