EBRD to allocate EURO 15 million to Yerevan underground railway reconstructionMarch 9, 2010 - 16:47 AMT PanARMENIAN.Net - European Bank of Reconstruction and Development will allocate EURO 15 million to Yerevan underground railway reconstruction. Within underground railway reconstruction project, Armenian Minister of Finance Tigran Davtyan and head of EBRD Yerevan office Valeriu Razlog will sign a loan agreement on March 10, 2010. To increase effectiveness of reconstruction program, contracts on program support with Yerevan Mayor’s Office and program agreement with Yerevan Underground Railway CJSC are also envisaged. 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 | Putin congratulates Pashinyan’s birthday Russian President Vladimir Putin congratulated Armenian Prime Minister Nikol Pashinyan on his birthday on June 1. Opposition motorcade en route to Gyumri for large rally A motorcade of protesters headed by Archbishop Bagrat Galstanyan is heading to the city of Gyumri. Ruling MPs, Foreign Minister talk Armenia-Azerbaijan processes MOs from the ruling Civil Contract party met with the Foreign Minister Ararat Mirzoyan in the Armenian parliament. Russia: Armenia’s frozen membership weakens CSTO position in Caucasus A Russian envoy said any step that could alienate the CSTO member states from each other is “deeply wrong”. |