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Armenia To Receive 15 Million Euros From Europe

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  • Armenia To Receive 15 Million Euros From Europe

    ARMENIA TO RECEIVE 15 MILLION EUROS FROM EUROPE

    Panorama.am
    20:07 01/11/2007

    In the framework of European politics in 2008, Armenia will receive 15
    millions euros, and in 2009, 5 million euros. This news was revealed
    today during 2008 budget discussions by Bavel Safaryan, representative
    of the finance and economics ministry.

    In his words, 3.262 billion dram of the amount will be directed to
    reforming of the middle education system.

    In his turn, foreign ministry representative Gegham Gharibjanyan
    informed that in the framework of two EU programs, Armenia will
    receive five million euros.

    These programs are foreseen for those desiring EU membership and
    are intended for assisting administrative, legal, and institutional
    systems to reach European standards. Avet Adonts, president of the
    committee on European integration, said that the outline of the new
    budget does not completely reflect financial resources that are guided
    towards European integration and the solving of related issues. "Today
    we concentrated on the amount of financing planned for next year,"
    Adonts said, adding that a translation center will be created in the
    structure of the Justice Ministry to translate administrative laws
    and to help meet European standards. Adonts added that an agreement
    concerning Armenia's part in the European neighbors' program was signed
    on November 14, 2006, and which has been in force since January 1. The
    program is worth a total of 100 million euros, and is foreseen to last
    five years. Adonts pointed out that the program might be completed
    in four years.
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