Armenia expects grant of over billion euro from EU

Armenia expects grant of over billion euro from EU

Armenian President Serzh Sargsyan ordered Prime Minister Tigran Sargsyan to prepare feasibility to receive over 1 billion euro from the EU, News.am reports.

Armenia needs the sum for realization of the North-South Road construction, watering system, environmental protection, industrial development, education reforms, implementation of a new system for social support.

Armenia plans to get about 532 million euro for irrigation in 2013-2025. The EU is likely to grant the sum in the light of the upcoming signing of the association agreement.

2940 views
We use cookies and collect personal data through Yandex.Metrica in order to provide you with the best possible experience on our website.