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Russia To Provide Loan To Its Allied Countries

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  • Russia To Provide Loan To Its Allied Countries

    RUSSIA TO PROVIDE LOAN TO ITS ALLIED COUNTRIES

    Panorama.am
    15:35 04/02/2009

    Russia promised to provide 3,5 billion USD and 100 billion rubles
    financial support to its allied countries. Cuba, Belarus, Armenia
    and Kyrgyzstan are in the list of those countries, writes Russian
    "Vedomosti".

    The highlight of "Eurasian Economic Commonwealth" summit today
    should be the establishment of anti-crisis foundation limited with
    10 billion USD.

    Yesterday the Chairman of National Assembly Standing Committee on
    Economic Affairs Vardan Ayvazyan said that Armenia expects from
    500 million to 1 billion loan from Russia. Armenia has joined the
    agreement of Eurasian Development Bank which should implement the
    money transfers of anti-crisis foundation.

    From: Emil Lazarian | Ararat NewsPress
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