  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 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". The earthquake caused a temporary blackout, damaged many buildings and closed a number of rural roads.   Partner news |  Related sections Latest news Narek Manasyan wins European Boxing Championships silver for Armenia  Armenia’s Narek Manasyan (92kg) won Armenia’s second silver medal at the European Boxing Championships 2024 on April 28.Blinken urges Azerbaijan to continue negotiations with Armenia Secretary of State Antony J. Blinken has urged Azerbaijani President Ilham Aliyev to continue negotiations with Armenia.Pashinyan, Blinken talk Armenia-U.S. ties over the phone Prime Minister Nikol Pashinyan had a phone conversation with US Secretary of State Antony Blinken on April 28, Pashinyan’s office reports.Titus, Bilirakis lead legislation to sanction Azerbaijani war criminals Representatives Dina Titus (D-NV) and Gus Bilirakis (R-FL) have introduced the bipartisan legislation. |
