{"id":43913,"date":"2010-08-11T02:15:00","date_gmt":"2010-08-11T02:15:00","guid":{"rendered":"http:\/\/www.epress.am\/2010\/08\/11\/eib-to-loan-e5-million-for-yerevan-metro-renovation\/"},"modified":"2010-08-11T02:15:00","modified_gmt":"2010-08-11T02:15:00","slug":"eib-to-loan-e5-million-for-yerevan-metro-renovation","status":"publish","type":"post","link":"https:\/\/epress.am\/en\/2010\/08\/11\/eib-to-loan-e5-million-for-yerevan-metro-renovation.html","title":{"rendered":"EIB to Loan \u20ac5 Million for Yerevan Metro Renovation"},"content":{"rendered":"<p><span style=\"font-family: Arian AMU; font-size: 10.5pt\"><\/p>\n<p style=\"margin-top: 0px; margin-right: 0px; margin-bottom: 12px; margin-left: 0px; font: normal normal normal 14px\/normal Arial\">The European Investment Bank has signed a loan agreement worth \u20ac5 million with Armenia to renovate Yerevan&#8217;s metro system, a sum which is part of a .\u00a0<\/p>\n<p style=\"margin-top: 0px; margin-right: 0px; margin-bottom: 12px; margin-left: 0px; font: normal normal normal 14px\/normal Arial\">The RA Ministry of Finance Public Affairs Office states that the sum is for allocated for the first stage of the project. The total loan amount will be \u20ac15 million \u2014 \u20ac5 million of which will be loaned by the European Bank for Reconstruction and Development, for which it has signed an agreement on March 10. The remaining \u20ac5 million will be granted as part of the EU&#8217;s Neighborhood Investment Program.<\/p>\n<p style=\"margin-top: 0px; margin-right: 0px; margin-bottom: 12px; margin-left: 0px; font: normal normal normal 14px\/normal Arial\">The loan conditions include a 15-year payback period with a 4-year grace period, and a 6-month EURIBOR + 0.75 interest rate.<\/p>\n<p style=\"margin-top: 0px; margin-right: 0px; margin-bottom: 12px; margin-left: 0px; font: normal normal normal 14px\/normal Arial\">The first phase of the project, which will include renovating worn out railway tracks and power system components, and replacing the technical train and pump stations, is scheduled to be completed by the end of 2012.<\/p>\n<p><\/span><\/p>\n<!-- AddThis Advanced Settings generic via filter on the_content --><!-- AddThis Share Buttons generic via filter on the_content -->","protected":false},"excerpt":{"rendered":"<p>The European Investment Bank has signed a loan agreement worth \u20ac5 million with Armenia to renovate Yerevan&#8217;s metro system.<!-- AddThis Advanced Settings generic via filter on get_the_excerpt --><!-- AddThis Share Buttons generic via filter on get_the_excerpt --><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"tstyn_error":""},"categories":[10,11],"tags":[65942,13934,13936,13935,10355],"_links":{"self":[{"href":"https:\/\/epress.am\/en\/wp-json\/wp\/v2\/posts\/43913"}],"collection":[{"href":"https:\/\/epress.am\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/epress.am\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/epress.am\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/epress.am\/en\/wp-json\/wp\/v2\/comments?post=43913"}],"version-history":[{"count":0,"href":"https:\/\/epress.am\/en\/wp-json\/wp\/v2\/posts\/43913\/revisions"}],"wp:attachment":[{"href":"https:\/\/epress.am\/en\/wp-json\/wp\/v2\/media?parent=43913"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/epress.am\/en\/wp-json\/wp\/v2\/categories?post=43913"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/epress.am\/en\/wp-json\/wp\/v2\/tags?post=43913"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}