Sun, 27 April
12.1 C
Yerevan
USD: 390.33 RUB: 4.73 EUR: 443.14 GEL: 142.02 GBP: 519.57
spot_img

Sarkissian invites EIB vice president to take part in one of his initiatives

YEREVAN, November 1. /ARKA/. Armenian President Armen Sarkissian received Thursday Vice President of the European Investment Bank (EIB) Vazil Hudak, the presidential press office reported.
Head of the Delegation of the European Union to Armenia Andrea Victorin was present at the meeting .

Presenting the programs the bank is implementing in Armenia, Vazil Hudak said that they are focused on infrastructures and aimed at improvement of living standards in the country.

Sarkissian, for his part, called the cooperation with the bank effective noting that the best proof are successful programs. Along with that, he proposed to pay greater attention to promising projects focused on the future. The president expressed confidence that Armenia’s future is innovations and advanced technologies, artificial brain segment and mathematical modeling.

In this context, he presented one of the new presidential initiatives – the Advanced Tomorrow program aimed at development of technologies and science in Armenia, which can also attract big international IT companies to Armenia for implementation of scientific and educational programs.

This creates a right environment, he said, and will give a chance to the youth to get knowledge and skills from big companies’ specialists.

Vazil Hudak, on his side, expressed confidence that EIB will have opportunities for cooperation as well.
As of February 2019, the European Investment Bank (EIB) has invested about 380 million euros in the various projects implemented in Armenia. -0-

spot_img

POPULAR

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

Ranking of Armenia’s most profitable banks in 2024

ARKA news agency has released a ranking of the most profitable commercial banks in Armenia in 2024.

US dollar to Armenian dram exchange rate remains unchanged

The average market exchange rate of the US dollar to the Armenian dram on March 26, 2025, remained at 391.8 drams, unchanged compared to March 25.

Top 10 banks of Armenia by loan portfolio for 1st H 2020

ARKA News Agency has singled out ten banks for their big loan portfolios as of June 30, 2020

LATEST NEWS

spot_imgspot_imgspot_img