EcoLur
Russia will burst a loan of 270 million dollars to Armenia for term extension of the Armenian Nuclear Power Plant operation. This is mentioned in the agreement project which was approved by the executive authority on November 19, 2014. According to the agreement project the Armenian side will use the loan from 2014 until 2018. The first loan repayment will be done on January 15, 2019. Armenia will pay 3% annual interest.
"Vnesheconombank" authorized by the Russian side and the Central Bank of the Republic of Armenia authorized by the Armenian side will sign an Agreement on the technical procedure of accounting and performing calculations in the framework of the following Agreement not later than 60 days after this Agreement will enter into force.
November 19, 2014 at 18:10