Japan plans to lend up to $122 billion to help quake-damaged businessesMarch 19, 2011 - 10:40 AMT PanARMENIAN.Net - A Japanese news report says the government plans to lend up to $122 billion to help quake-damaged businesses get back on their feet. According to AP, the Nihon Keizai newspaper said that the government would arrange low-interest loans or interest subsidies to companies for daily expenses or quake-related repairs. It said the total lending covered could be as high as 10 trillion yen ($122 billion). Japan's government has launched a series of initiatives to shore up the economy following the magnitude-9.0 quake and tsunami on March 11 that triggered an unfolding nuclear crisis. 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 | Concept to complete Yerevan Cascade discussed at city hall A conceptual proposal to complete the Cascade complex in downtown Yerevan has been presented by Jean-Michel Wilmotte. Pashinyan visits flood-hit region Armenian Prime Minister Nikol Pashinyan on Saturday, June 8 visited the disaster area in the Lori province. €3.5 mln EU grant to support justice reforms in Armenia The European Union has paid €3.5 mln grant to Armenia within a €11mln program on Support to Justice Reforms. Yerevan reacts to Baku’s proposal to see Minsk Group abolition Alen Simonyan has declared that Armenia is taking steps aimed at concluding a peace treaty with Azerbaijan. |