Russia to give $10 billion to IMF as support to eurozoneFebruary 17, 2012 - 15:43 AMT PanARMENIAN.Net - Russia will give $10 billion to the International Monetary Fund to support the crisis-hit eurozone, Russian Finance Minister, Anton Siluanov said on Friday, Feb 17. According to RIA Novosti, Siluanov said that the money would be allocated by the Central Bank. The minister added that Russia, the EU’s third largest trade partner, was ready to offer further funding for bailouts to the IMF. “We are also ready to review the issue [about further contributions to the IMF] after other IMF members make decisions about their contributions,” Siluanov said. In mid-December, Russian presidential aide, Arkady Dvorkovich said that Moscow was ready to contribute at least $10 billion to the IMF as “it hoped to keep its largest export market from collapsing.” 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 | Titus, Bilirakis lead legislation to sanction Azerbaijani war criminals Representatives Dina Titus (D-NV) and Gus Bilirakis (R-FL) have introduced the bipartisan legislation. Azerbaijan must respect human rights, Scholz tells Aliyev German Chancellor Olaf Scholz has called for greater respect for human rights in Azerbaijan. Armenia: Defense Ministry warns against involving army in political processes The Ministry’s statement came after a video surfaced online, showing soldiers joining the protests in Tavush. Scholz hopes Armenia-Azerbaijan peace treaty will be signed this year German Chancellor Olaf Scholz hopes that a peace treaty between Armenia and Azerbaijan will be signed this year. |