  EBRD grants €96.4M loan to Armenia for tourism November 27, 2025 - 16:13 AMT PanARMENIAN.Net - The European Bank for Reconstruction and Development (EBRD) will provide Armenia with a €96.4 million loan to implement a tourism and regional infrastructure development program. The total value of the project is €120.5 million, with the bulk, €96.4 million, financed through the EBRD loan. The remaining €24.1 million will be covered by the Armenian government as co-financing, according to Aysor.am . The loan agreement between Armenia and the EBRD was signed on July 22–23, 2025.   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 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. |
