  EBRD TO INVEST 10-12 MILLION EUROS IN ARMENIAN ECONOMY THIS YEARMay 19, 2004 - 22:40 AMT PanARMENIAN.Net - In year 2004 the European Bank for Reconstruction and Development will invest 10-12 million euros in the Armenian economy, EBRD President Jean Lemierre told journalists in Yerevan today. He noted that the major part of the investments will be directed to the purchase of a number of Armenian entities, the other funds will be rendered as credits. According to Mr. Lemierre, the EBRD is planning to invest about 20 million euros in Armenia in 2005. At the same time he noted that the special stress will be laid on the development of small and medium business, consolidation of the banking system and export stimulation.  Top stories Grigoryan added that the situation around the world and particularly in the region is very difficult. The Armenian Defense Ministry has denied Azerbaijan's accusations of violating the ceasefire. Armenian Prime Minister Nikol Pashinyan took to social media to thank his Lithuanian counterpart for the contribution. President of the Armenian parliament Alen Simonyan met with the Speaker of the Azerbaijani Milli Majlis Sahiba Gafarova.   Partner news |  Latest news Viva sees growing demand for cloud services  In recent years, medical institutions are starting to make use of Viva’s cloud servicesTurkey replacing term "Central Asia" with "Turkestan" in textbooks The Turkish Ministry of Education is replacing the term "Central Asia" with "Turkestan" in textbooks.Armenian, German presidents meet in Berlin Armenian and German Presidents Vahagn Khachaturyan and Frank-Walter Steinmeier met in Berlin.Armenia assumes presidency of Mediterranean Network of Regulatory Authorities The Commission on Television and Radio of Armenia said it expects productive cooperation in various formats. |
