  Armenia to receive 100 million euros from Germany in 2010January 21, 2010 - 14:34 AMT PanARMENIAN.Net - The Government of Armenia approved an agreement between Germany and Armenia on financial cooperation during the meeting on January 21. According to Deputy Finance Minister of Armenia, the chief treasurer Atom Janjughazyan , this agreement provides the financial help from the Federal Republic of Germany amounting to 100 million euros. 20 million euros will be directed to mortgage lending program, 22 million euros - to continue the program of Vorotan Cascade's Hydro Power Plant, 18 million euros - to finance programs in the field of renewable energy, 40 million euro - to the development of community infrastructure, as well as ecological programs.  Top stories Yerevan has dismissed Turkey’s demand to shut down the Armenian nuclear power plant as “inappropriate”. Armenia will loan 2.9 billion drams to Nagorno Karabakh (Artsakh), according to a draft government decision. The Ministry of Ecology and Natural Resources of Azerbaijan has “strongly condemned” Armenia’s decision. Kerobyan has said that for the first time in the history of Armenia, the volume of foreign direct investments amounted to about $1 billion.   Partner news |  Related sections Latest news Power of One Dram sums up two-year program with Teach for Armenia  Idram Junior also joined the companies during the visit, bringing with it a fascinating intellectual game for childrenYerevan Mayor to travel to Paris on May 15-19 The official delegation headed by Yerevan Mayor Tigran Avinyan will travel to Paris from May 15 to 19.Armenia, India hold first defense consultations The meeting was attended by Indian Ambassador Nilakshi Saha Sinha and Defense Attaché Brigadier General Naveen Nijhawan.Civil disobedience campaigns continue in Yerevan People demanding Prime Minister Nikol Pashinyan’s resignation again blocked streets in Yerevan on May 15. |
