Armenian News - EU to allocate over €157m to Armenia

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Armenian News Headlines » Economy

Category: Economy

EU to allocate over €157m to Armenia

Posted on March 2, 2010, 1:38 pmSource : ARMENIANS.NET

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The European Union (EU) will allocate a €157.3m to Armenia within the framework of the European Neighborhood Policy.

The EU plans to direct the funds to support political and economic reforms, regional and transborder cooperation between the EU partner-countries within the European Neighborhood and Partnership Instrument.

Environmental, transport and energy projects will be funded as well.

Under the program Azerbaijan will receive €122.5m and Georgia €180.3m.

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Tags:
Azerbaijan, Georgia, European Union, EU, Armenia, Europea, Policy


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