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paper: france to scrap 1bn funding to armenia over karabakh

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  • paper: france to scrap 1bn funding to armenia over karabakh

    PAPER: FRANCE TO SCRAP 1BN FUNDING TO ARMENIA OVER KARABAKH

    November 14, 2012 - 15:56 AMT

    PanARMENIAN.Net - As Zhoghovurd daily reported citing diplomatic
    sources, French President Francois Hollande expressed readiness to
    organize a meeting between Armenian leader Serzh Sargsyan and his
    Azeri counterpart Ilham Aliyev if Armenia agrees to ratify a document
    on Karabakh conflict settlement.

    President Sargsyan, however, refused the offer, noting the step as
    impossible on the threshold of 2013 presidential elections in Armenia.

    "The President's refusal brought the issue to a stalemate; which
    means Yerevan won't be receiving a funding of $1bn for new energy
    unit construction, promised by France," the daily said.




    From: A. Papazian
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