Re: Armenian Georgian Relations
That's just how dumb it all seems. That's like Canada souring relations with the U.S. and leaning towards Russia... oddly enough that might become reality when the two start digging the arctic for resources.
The International Monetary Fund (IMF) has approved a loan for Georgia, amounting to $750m (£418m).
It is aimed at rebuilding the country's currency reserves and boosting confidence in its economy following last month's conflict with Russia.
Analysts say the money could offset any difficulty Georgia might have in selling products abroad or in attracting foreign investment.
The approval came as Nato chief Jaap de Hoop Scheffer was visiting Tbilisi.
He called for Georgia's "accelerated" integration with Nato and condemned Russia's conduct in the conflict.
But Mr de Hoop Scheffer - speaking at the first meeting of the Nato-Georgia Commission - did not say when Georgia might join the alliance.
EU aid
A third of the IMF loan will be released immediately, with the rest to come in stages over the next 18 months
http://news.bbc.co.uk/2/hi/7617971.stm
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That was towards the end of 2008, I'd say that money should be drying up any time soon if it hasn't already.
That's just how dumb it all seems. That's like Canada souring relations with the U.S. and leaning towards Russia... oddly enough that might become reality when the two start digging the arctic for resources.
The International Monetary Fund (IMF) has approved a loan for Georgia, amounting to $750m (£418m).
It is aimed at rebuilding the country's currency reserves and boosting confidence in its economy following last month's conflict with Russia.
Analysts say the money could offset any difficulty Georgia might have in selling products abroad or in attracting foreign investment.
The approval came as Nato chief Jaap de Hoop Scheffer was visiting Tbilisi.
He called for Georgia's "accelerated" integration with Nato and condemned Russia's conduct in the conflict.
But Mr de Hoop Scheffer - speaking at the first meeting of the Nato-Georgia Commission - did not say when Georgia might join the alliance.
EU aid
A third of the IMF loan will be released immediately, with the rest to come in stages over the next 18 months
http://news.bbc.co.uk/2/hi/7617971.stm
__________________________________________________ ______________________________________
That was towards the end of 2008, I'd say that money should be drying up any time soon if it hasn't already.
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