ARMENIA TO RECEIVE [email protected] MILLION LOAN FROM EUROPEAN INVESTMENT BANK
news.am
October 26, 2012 | 04:58
YEREVAN. – Armenia will be allocated a [email protected] million loan from the
European Investment Bank to resolve the water supply problem that
exists in the country’s regions.
Thursday’s Cabinet session approved the respective loan agreement
which was signed in August. The loan is provided for a 25-year term,
with floating (EURIBOR+1.362%) and fixed interest rates.
To note, the European Bank for Reconstruction and Development and the
EU’s Neighborhood Investment Program likewise are funding this project.
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Direct link to this article: https://www.armenianclub.com/2012/10/26/armenia-to-receive-6-5-million-loan-from-european-investment-bank/