Yerevan /Mediamax/. Russia will provide a stabilization loan to Armenia at the volume of $500mln to overcome the consequences of the global crisis, Minister of Finance of Russia Aleksey Kudrin stated.

Mediamax reports referring RIA Novosti that Aleksey Kudrin said this on February 4 in London, speaking for the representatives of British business circles.

On January 22, Armenian Minister of Finance Tigran Davtyan confirmed that Armenia is in process of talks with Russia on attracting a stabilization loan. According to Tigran Davtyan, the received means will be used to support the Armenian economy, especially small and medium enterprise.