European Commission to allocate euro 60 mln. to Armenia![]() August 28, 2012 - 20:05 AMT PanARMENIAN.Net - The European Commission has approved new funding for Armenia at the amount of euro 60 mln. in the framework of Eastern Partnership. The means allocated will be directed to speeding up Armenia’s judicial reforms and economic integration. Apart from boosting transparency and effectiveness of the country’s judicial system, the funding aims to support Armenian institutions involved in RA-EU talks on signing Association Agreement (including the Deep and Comprehensive Free Trade Area), as well as visa facilitation and Readmission Agreement. Partner news IFC invested $244 million in 40 projects across a range of sectors, including financial markets, manufacturing, and mining. Armenian Prime Minister addressed a letter to Public Services Regulatory Commission over the reconsideration of gas prices. Armenia’s Public Services Regulatory Commission plans to reconsider electricity generation and distribution prices. Edmon Manukyan been addressed by the residents of Armavir and Aragatsotn provinces whose crops have been damaged over a strong hail. Partner news |