EC to provide 100 million euros of macroeconomic assistance to ArmeniaDecember 10, 2009 - 17:59 AMT PanARMENIAN.Net - Recently, Brussels hosted political consultations between Armenia and the European Committee. Armenian delegation was led by the head of Armenia representation in EC, Ambassador Avet Adonts and EC delegation - by Political and Security Committee Ambassador Olof Skoog. As RA Foreign Ministry reported, the parties discussed a number of issues on Armenia - EC political collaboration and world crisis consequences. To overcome crisis, the European Commission has proposed providing 100 million euros ($149.2 million) of macroeconomic assistance to Armenia. The aid to Armenia - a loan of up to 65 million euros and a grant of up to 35 million euros - would support an adjustment program agreed with the International Monetary Fund to help the country through the global crisis, the Commission said. In 2010, EC representatives will visit Yerevan to discuss collaboration memorandum to be concluded. Top stories Azerbaijani President Ilham Aliyev arrived in Moscow on April 22 to hold talks with Russian counterpart Vladimir Putin. Authorities said a total of 192 Azerbaijani troops were killed and 511 were wounded during Azerbaijan’s offensive. In 2023, the Azerbaijani government will increase the country’s defense budget by more than 1.1 billion manats ($650 million). The bill, published on Monday, is designed to "eliminate the shortcomings of an unreasonably broad interpretation of the key concept of "compatriot". Partner news | International cybercrime ringleaders arrested in Armenia, Ukraine Europol, Europe's crime agency, has arrested four ringleaders of several cybercrime networks that used botnets. Armenia skips CSTO Defense Ministers meeting A meeting of the Council of Defense Ministers of the Collective Security Treaty Organization countries began in Almaty. Armenian, Iranian foreigh policy chief talk over the phone The Foreign Minister of Armenia once again expressed condolences to his counterpart on the death of the President of Iran. Armenia, U.S. customs authorities to boost assistance with new deal The government has approved an agreement with the U.S. government on mutual assistance between the customs authorities. |