EU To Allocate Over 157m Euro To Armenia

EU TO ALLOCATE OVER 157M EURO TO ARMENIA

news.am
March 2 2010
Armenia

The European Union (EU) will allocate a â~B¬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 â~B¬122.5m and Georgia
â~B¬180.3m.