74 Million Euro Credit To Armenia

74 MLN-EURO CREDIT TO ARMENIA

AZG Armenian Daily
20/05/2008

Armenia-Germany

In the framework of Armenian-German bilateral cooperation the
Government of the Federal Republic of Germany will provide 74 mln
Euros for Armenia. The credit will be directed to the financing
of the projects in the spheres of energy, finance, water supply,
sewerage and health care.

"The financial agreement between the Government of the Federal
Republic of Germany and the Government of the Republic of Armenia on
financial cooperation 2007-2008" was signed by RA Minister of Finance
Tigran Davtian and Ambassador Extraordinary and Plenipotentiary of
the Federal Republic of Germany to the Republic of Armenia Andrea
Johanna-Maria Victorin.