EU to provide €24 mln grant to Armenia in 2016November 6, 2015 - 12:45 AMT PanARMENIAN.Net - Armenia’sstanding committees on European integration and financial and credit and budgetary affairs held a joint session on the 2016 draft state budget Thursday, November 5, Panorama.am reports. As First Deputy Finance Minister Pavel Safaryan noted at the session, the European Union will provide a €24 million grant to Armenia in 2016. According to him, the sum will be spent on implementation of three programs, including one on preparatory activity for a new Armenia-EU agreement. “€21 million is necessary to implement the program. The first tranche of €7 million, included in next year’s draft budget will arrive in the second quarter of 2016; the second tranche of €7.8 million is set to come in the second quarter of 2017,” the Deputy Minister said. 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 | Titus, Bilirakis lead legislation to sanction Azerbaijani war criminals Representatives Dina Titus (D-NV) and Gus Bilirakis (R-FL) have introduced the bipartisan legislation. Azerbaijan must respect human rights, Scholz tells Aliyev German Chancellor Olaf Scholz has called for greater respect for human rights in Azerbaijan. Armenia: Defense Ministry warns against involving army in political processes The Ministry’s statement came after a video surfaced online, showing soldiers joining the protests in Tavush. Scholz hopes Armenia-Azerbaijan peace treaty will be signed this year German Chancellor Olaf Scholz hopes that a peace treaty between Armenia and Azerbaijan will be signed this year. |