GERMANY DIPOSES 20 MILLION EUROS LOAN TO ARMENIA
Germany disposes 20 million euros through “KfW” bank to Armenia for the development of the hypothec market, the President of Central Bank Arthur Javadyan told the reporters at news conference today.
According to the CB President inter-governmental contract will be signed about getting the loan in Bon. Governmental delegation leaves for Bon to negotiate over the contract.
CB President says Armenia will get the loan in good terms. Note that Armenia and German “KfW” bank cooperate for 10 years.