Crisis-battered Russia saves Dodon’s government with a soft loan
13.03.2020 22:48
(Moscow time), Moscow
The decision on allocating a loan to Moldova will be made by the Russian government in the coming days.
Moldovan President Igor Dodon announced this today on the RTR Moldova television channel, reports a PolitNavigator correspondent.
“We need to pass a law on a loan from the Russian Federation in March, which will be signed next week. Today a government resolution on the negotiation process was adopted. Otherwise, some were happy that there was a crisis in Russia and there would be no money,” Dodon said.
Russia will provide Moldova with a loan of 200 million euros for 2020. Interest rate – 2%. Terms – 11 years. The grace period is one year.
Crisis- battered Russia rescues Dodon's government with a soft loan