EU to allocate 100 million euros for Armenian reforms

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.