  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 |  Related sections Latest news Get Started: An educational platform for young startuppers  The Get Started program which operates in two phases is an important platform for young startuppers.Byblos Bank Armenia celebrates Students' Day with scholarship recipients YSU students who received scholarships from Byblos Bank Armenia gathered in a casual setting to meet with the Bank's CEO, Hayk Stepanyan.Azerbaijan extends Rune Vardanyan’s arrest by 5 months A court in Azerbaijan has extended the arrest of former Nagorno-Karabakh leader Ruben Vardanyan by five months.Armenia border residents dissatisfied with delimitation Residents Kirants are dissatisfied with the results of the delimitation of the border between Armenia and Azerbaijan. |
