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Football fans from Egypt and Saudi Arabia massively book rooms in Volgograd
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Administrative building in center of Moscow is put up for sale for $885,000
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Sakhalin bridge construction is 3 times more expensive than Crimean one
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Two lanes of Tavrida highway in Crimea to open in 2018
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Rosatom to build Center for Nuclear Science and Technology in Zambia
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Ginza restaurant holding opens farmer’s markets in Moscow
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Finnish developer YIT sets to build 77,000 sqm of housing in Moscow region
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Putin opened road section of Crimean bridge, driving KamAZ
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Russian regulatory agency approves Nord Stream 2 gas pipeline project
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Europe’s largest casino with 1,200 slot machines to be erected on Cyprus
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Japanese Kawasaki to build a hydrogen plant in Magadan
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Investments in Park Huaming business center in Moscow will exceed $300 million
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Russian PM signed a decree on construction of Urals high-speed rail line
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Russia gets its first plant producing medical equipment for radiation therapy
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The Crimean bridge opens for automobile transport
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Argentina rejects Russian loan for hydro power plant construction

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Argentina rejects Russian loan for hydro power plant construction

Argentinian authorities will reject a 2,6 billion-dollars loan, which Russia planned to grant for the purpose to fund the construction of hydro power plant in this Latin American country, Bloomberg reports, citing the statement of the Finance Minister of Argentina.


At present, Argentina is discussing alternative options. “Financial conditions offered by Russia… are not attractive any more, after Argentina came out of the default,” the agency cites the statement of the Finance Ministry.

Russia and Argentine signed a protocol of intentions on implementation of a multi-purpose project of Chihuido I hydro power plant construction in Argentine in April 2015.

Meanwhile, Sergey Dankvert, head of the Russian agriculture watchdog Rosselkhoznadzor, told TASS news agency on Wednesday that Argentina and Russia continued talks on the implementation of the project.

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