EU unveils €2b financial assistance package for AzerbaijanFebruary 5, 2022 - 11:26 AMT PanARMENIAN.Net - The European Union has unveiled a €2 billion financial assistance package for Azerbaijan as part of an economic investment plan. Olivér Várhelyi, the EU Commissioner for Neighborhood and Enlargement, made the remarks during a during joint press conference with Azerbaijani Foreign Minister Jeyhun Bayramov on Friday, February 4. "We have concluded that Europe could mobilize, together with our international financial partners, the European Investment Bank and the EBRD, at least €2 billion of investment in Azerbaijan," the Commissioner said. The European Union has pledged to provide Armenia with up to €2.6 billion in economic assistance and investments over the next five years. Top stories Authorities said a total of 192 Azerbaijani troops were killed and 511 were wounded during Azerbaijan’s offensive. In 2023, the Azerbaijani government will increase the country’s defense budget by more than 1.1 billion manats ($650 million). The bill, published on Monday, is designed to "eliminate the shortcomings of an unreasonably broad interpretation of the key concept of "compatriot". The earthquake caused a temporary blackout, damaged many buildings and closed a number of rural roads. Partner news | About 32,000 rally in Yerevan to deman Pashinyan’s resignation About 31,700 people attended an opposition rally on Thursday, May 9 in Yerevan demanding the resignation of Prime Minister Nikol Pashinyan. Armenian, Azerbaijani Foreign Minister to meet in Almaty Armenian Foreign Minister Ararat Mirzoyan and his Azerbaijani counterpart Jeyhun Bayramov will meet in Almaty. Viva-MTS: Tech solutions to modernize infrastructure of border village The border village has been the focus of Viva-MTS and the Foundation for the Preservation of Wildlife and Cultural Values since 2015. Ucom's fixed network launched in Artashat To mark this occasion, the company has introduced a special offer exclusively for Artashat residents. |