19.03.2014 13:28
YEREVAN, March 19. / ARKA /. Russia will invest $4-5 billion in the transport and resort infrastructure of Crimea, which joined Russia Tuesday following a referendum last Sunday, deputy economic development minister Alexei Likhachev said Wednesday, Prime reported.
President Vladimir Putin signed Crimea’s accession to Russia on Tuesday after the local authorities held a referendum on secession from Kiev.
Likhachyov said that Moscow will have to spend $70-80 million more to cover the Crimea’s budget deficit.
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