Armenia Asks Russia For Financial Assistance

ARMENIA ASKS RUSSIA FOR FINANCIAL ASSISTANCE

Armenian Public TV
Jan 23 2009

Armenia has appealed to Russia to allocate a stabilization loan,
Russian Deputy Prime Minister and Finance Minister Aleksey Kudrin
has told [Russian] RIA Novosti agency.

The Russian official did not specify the amount and terms of the loan
to be allocated to Armenia, noting that negotiations are under way.

Speaking in this regard, Armenian Finance Minister Tigran Davtyan said
that Armenia is holding similar negotiations with all its partners
in the trade and economic spheres, including the World Bank, the
European Bank for Reconstruction and Development, Asian banks and
Russia, in order to overcome the results of the financial crisis.

Armenia expects to get several-million-dollar-loan which will revive
the Armenian economy, Tigran Davtyan said.

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