  EU will increase Armenia funding by 20-25% - Ambassador February 26, 2019 - 12:47 AMT PanARMENIAN.Net - The European Union will increase financial assistance to Armenia by 20-25%, head of the EU delegation to the country Piotr Switalski told reporters on Tuesday, February 25. “Substantially more resources will be provided to Armenia from the umbrella fund,” Switalski said. The ambassador also maintained that the EU greatly values the process of reforms in Armenia. "We are now discussing concrete projects where Armenia expects the EU’s support,” the diplomat said, adding that he hopes Armenia will manage to use all the opportunities provided by the 28-nation bloc. Executive Director Richard Doornbosch of the International Monetary Fund said Monday that the IMF is ready to assist Armenia in achieving reforms currently underway in the country.   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 |  Latest news Turkey extends military presence in Azerbaijan  The Turkish parliament has adopted a bill submitted by Recep Tayyip Erdogan to extend the mandate of Turkish troops.Russia to begin assessing migrant workers' speaking skills Rosobrnadzor is planning to change the Russian language exam for migrant workers and include an assessment of speaking skillsArmenian, Saudi Foreign Minister meet in Riyadh The two commended the positive dynamics of the development of political dialogue between Armenia and Saudi ArabiaPashinyan: Azerbaijan’s proximity shouldn’t worry border residents At the same time, he said that he “does not guarantee [the security of villagers] one hundred percent”. |
