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    Emil Lazarian
  • 19 years ago
    • Categories: News

TBILISI: EBRD To Participate In Rehabilitation OfRussia-Georgia-Arme

EBRD TO PARTICIPATE IN REHABILITATION OF RUSSIA-GEORGIA-ARMENIA GAS PIPELINE

Prime News Agency, Georgia
March 16 2006

Tbilisi, March 16 (Prime-News) – European Bank for Reconstruction and
Development (EBRD) is satisfied with economic reforms implemented
in Georgia and in 2006 intends to invest about EUR 90 million in
Georgian economy.

Nikolay Hadjiski, permanent representative of the EBRD in Georgia,
stated about that noting that amount of the funding could be increased,
Reuter informs.

According to the EBRD representative, improvement of energy supply
in the regions of Georgia will allow the Bank to implement more
projects there.

Besides, the EBRD intends to participate in rehabilitation of the gas
pipeline, which is used for import of gas from the Russian Federation
to Georgia and Armenia.

EBRD plans to expand its activity in banking sector of Georgia by
means of opening credit lines and participation in banks’ capital.

From: Emil Lazarian | Ararat NewsPress

Emil Lazarian: “I should like to see any power of the world destroy this race, this small tribe of unimportant people, whose wars have all been fought and lost, whose structures have crumbled, literature is unread, music is unheard, and prayers are no more answered. Go ahead, destroy Armenia . See if you can do it. Send them into the desert without bread or water. Burn their homes and churches. Then see if they will not laugh, sing and pray again. For when two of them meet anywhere in the world, see if they will not create a New Armenia.” - WS
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