Armenia shouldn’t keep up hopes for a donation of Euro 1 billion to be granted following the donor conference before the end of presidential elections, according to European Commissioner for Enlargement and European Neighborhood Policy.

“As Stefan Fule stated at the meeting with the representatives of parliamentary groups, the fate of the donation will be determined by the quality of election procedures,” a leading figure in Prosperous Armenia party, ex-foreign minister Vartan Oskanian said in his Facebook post.

“Fule was skeptical over the possibility for Armenia to sign an association agreement with the EU before the end of 2013, calling current effort for implementation of reforms unsatisfactory” Oskanian said.

“The leadership can sacrifice the future of Armenia, were the reforms required to sign the deal prevent them from retaining their power,” Oskanian said.

In conclusion, Oskanian stressed the contrast between the pro-governmental media coverage and actual results of Fule’s meeting with the members of factions.