EBRD to allocate Euro 180 million for RA economy developmentJune 10, 2009 - 18:35 AMT PanARMENIAN.Net - European Bank for Reconstruction and Development (EBRD) announced an intention to allocate Euro 180 million for RA economy development in 2009 - 2010. The bank plans to fund 30 projects implementation to allow RA to overcome financial crisis consequences.In current circumstances, EBRD follows the policy of supporting medium-sized and small business, providing necessary funding through partner banks, the announcement said. Besides, EBRD will offer RA banks credits for energy-saving as well as structural reform projects, on share holding terms. Total EBRD investments for 64 projects' implementation in Armenia comprised over Euro 240 million, slon.ru reported. Top stories Azerbaijani President Ilham Aliyev arrived in Moscow on April 22 to hold talks with Russian counterpart Vladimir Putin. 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". Partner news | Pashinyan travels to Iran to pay tribute to Raisi, others Prime Minister Nikol Pashinyan has left for the Islamic Republic of Iran on a working visit. Your home is in Armenia – Ameriabank offers mortgage loans for the Diaspora To buy real estate, Diasporans can apply to Ameriabank online to buy, renovate or build a home anywhere in Armenia. Armenia-Qatar ties discussed in Doha The Secretary of Armenia’s Security Council met with the Deputy Secretary General of the National Security Council of Qatar. ARARAT special evening dedicated to Aznavour's 100th Anniv. On May 20 ARARAT legendary Armenian brandy, celebrated the centennial of Maestro Charles Aznavour with a special event. |