EU to provide €36 million of financial support to Armenia

EU to provide €36 million of financial support to Armenia

PanARMENIAN.Net - The European Union will provide €36 million of financial support to Armenia with a focus on areas such as education, energy efficiency, environmental protection, the Armenian government said in a tweet.

The sum will also be used to create a favorable investment and business environment in the country.

By the end of the year Armenia will receive €5.5 million, the government said.

The European Union is expected to provide financial assistance worth €160 million to Armenia by 2020 under a document signed in February by the EU High Representative for Foreign Affairs and Security Policy/Vice-President of the European Commission, Federica Mogherini, and Armenia's then foreign minister Edward Nalbandian.

 Top stories
Ashot Aharonyan said the police will immediately establish checkpoints on roads connecting to Artsakh.
The vaccine was created just 42 days after the genetic sequence of the COVID_19 virus was released.
Ewa succumbed to RS while her family were trying for asylum in Sweden and threatened with deportation to Poland.
Aliyev said the conflict "should be resolved within international law, According to which Karabakh is part of Azerbaijan."
Partner news