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

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