Wed, 30 July
26.1 C
Yerevan
USD: 383.94 RUB: 4.85 EUR: 450.25 GEL: 141.78 GBP: 516.63

Armenian Deputy Prime Minister discussed expansion of cooperation with EIB Regional Director

YEREVAN, December 1 . /ARKA/. Armenian Deputy Prime Minister Tigran Khachatryan received on Thursday a delegation led by Lionel Raphael, Director for Enlargement and Neighborhood of the European Investment Bank (EIB), the government press service reported.

It said the meeting was also attended by the head of the EIB’s South Caucasus Regional Office Maciej Czura.

Khachatryan spoke in detail about the current macroeconomic indicators and priorities of the government’s economic policy.

The sides exchanged views on the possible support instruments necessary for ensuring the living conditions of the Armenian population forcibly displaced from Nagorno-Karabakh in the long term, and the necessity of cooperation in those directions was emphasized.

During the meeting a number of issues related to bilateral cooperation were also discussed, including in such areas as  energy, transportation, water supply, urban development and infrastructure development.

As it was reported earlier on Thursday,  the European Investment Bank (EIB), the lending arm of the European Union (EU), has signed a loan worth €25 million with Armenia for energy efficiency improvements in Yerevan.

The €25 million EIB loan and €11 million in EU grant funding will support energy efficiency improvements in six polyclinics and 32 kindergartens across Yerevan. Another €2 million will be allocated by the Yerevan Municipality. -0-

spot_img

POPULAR

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

Ranking of most profitable banks in Armenia based on results of first quarter of 2025

ARKA news agency publishes the ranking of the most profitable commercial banks in Armenia based on the results of the first quarter of 2025.

Armenia’s economy to stabilize on 5.5% growth trajectory in 2025 – EDB forecast

According to EDB forecasts, Armenia's economy will stabilize on a 5.5% growth trajectory with domestic demand remaining the main driver of development.

Fitch expects inflation in Armenia to remain within the target level until 2027

International rating agency Fitch expects inflation in Armenia to remain within the target level until 2027, although soft fiscal policy and the projected moderate weakening of the dram create certain risks.

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.

LATEST NEWS

spot_imgspot_imgspot_img