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EU To Allocate 100 Million Euros For Armenian Reforms

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  • EU To Allocate 100 Million Euros For Armenian Reforms

    EU TO ALLOCATE 100 MILLION EUROS FOR ARMENIAN REFORMS

    PanARMENIAN.Net
    20.07.2007 18:20 GMT+04:00

    /PanARMENIAN.Net/ The European Union will assign 100 million euros to
    Armenia in the framework of the Armenia-EU Action Plan, RA Minister
    of Trade and Economic Development Nerses Yeritsyan said yesterday.

    80% of the sum flow into the budget for financing reforms in various
    fields. The rest will be spent on technical assistance.

    During its session the Armenian government approved the list of events
    and priorities for the year of 2007 supposed by Armenia-EU Action
    Plan in the framework of the European Neighborhood Policy. The heads
    of executive bodies have been ordered to give information to the RA
    Ministry of Trade and Economic Development on the realization process
    of events once in three months during 10 days.
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