  EDB investments in Armenia economy total $80mln January 20, 2012 - 15:01 AMT PanARMENIAN.Net - Eurasian Development Bank (EDB) allocated over $80 million to Armenia’s economy from 2010 on, with plans to extend presence in the country, according to EDB board member. “Despite crisis situation at world markets and general unavailability of capital, EDB, as a development bank, deems it necessary to expand investments in the face of odds,” Dmitry Zhurba explained. Dwelling on global economy downscale, Zhurba noted that export-oriented countries are better able to cope the crisis.   Top stories Yerevan has dismissed Turkey’s demand to shut down the Armenian nuclear power plant as “inappropriate”. Armenia will loan 2.9 billion drams to Nagorno Karabakh (Artsakh), according to a draft government decision. The Ministry of Ecology and Natural Resources of Azerbaijan has “strongly condemned” Armenia’s decision. Kerobyan has said that for the first time in the history of Armenia, the volume of foreign direct investments amounted to about $1 billion.   Partner news |  Latest news Freedom House: “Why are there no Armenians in Nagorno Karabakh?”  Freedom House has published a report summary titled “Why are there no Armenians in Nagorno Karabakh?”Armenia says wants expanded transport, energy connectivity Pashinyan says Armenia is interested in the expansion of connectivity in transport, energy, telecommunications and other directions.Aliyev: Change in Armenia’s Constitution key for singing peace deal Ilham Aliyev has declared that most important condition for signing a peace agreement is for Armenia to change its Constitution.U.S. sees “extraordinary” opportunity for peace between Armenia, Azerbaijan U.S. Secretary of State Antony Blinken believes there is an “extraordinary” opportunity to reach a peace agreement between Armenia and Azerbaijan. |
