The European Union will give Armenia a loan of 100 million euros, Trend reports.
65 million euro will be provided as a loan and 35 million as a grant.
The loan is part of the EU economic aid program, approved by Armenia
and the International Monetary Fund. The first tranche will be 40
million euro and will be granted after the Armenian Parliament passes
a package of financial support. The rest will be provided by the end
of 2011.
