Russian stabilization loan mostly directed for earthquake zone rehabilitationOctober 6, 2010 - 18:12 AMT PanARMENIAN.Net - Armenian Minister of Finance Tigran Davtyan said that AMD 80bln out of AMD 185bln (USD 500mln) Russian stabilization loan were directed for construction works in the earthquake zone. Another AMD 27bln will be allocated for the earthquake zone rehabilitation in 2011, Davtyan told journalists on October 6. Besides, AMD 65bln from the Russian stabilization loan were directed for financing small and medium business through banks. Top stories Yerevan has dismissed Turkey’s demand to shut down the Armenian nuclear power plant as “inappropriate”. Armenia will loan 2.9 billion drams to Nagorno Karabakh (Artsakh), according to a draft government decision. The Ministry of Ecology and Natural Resources of Azerbaijan has “strongly condemned” Armenia’s decision. Kerobyan has said that for the first time in the history of Armenia, the volume of foreign direct investments amounted to about $1 billion. Partner 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. |