  EBRD to finance programs on refuse processing in Armenia in 2011 November 30, 2010 - 16:18 AMT PanARMENIAN.Net - Head of the EBRD office in Yerevan Valeriu Razlog said that the European Bank for Reconstruction and Development will implement 26 projects in Armenia at the total amount of USD 80mln. “It is less than we allocated in 2009 – around USD 100mln,” Razlog said on November 30. “We hope that the amount will be higher, as there are projects, which are in process of preparation, and we will sign them in 2011,” he said. Razlog noted that the bank will continue financing Armenia’s banking sector in 2011, while programs on refuse processing and water sphere can become unprecedented programs in 2011. Besides, the transport field is also under consideration, concluded Razlog.   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 Concept to complete Yerevan Cascade discussed at city hall  A conceptual proposal to complete the Cascade complex in downtown Yerevan has been presented by Jean-Michel Wilmotte.Pashinyan visits flood-hit region Armenian Prime Minister Nikol Pashinyan on Saturday, June 8 visited the disaster area in the Lori province.€3.5 mln EU grant to support justice reforms in Armenia The European Union has paid €3.5 mln grant to Armenia within a €11mln program on Support to Justice Reforms.Yerevan reacts to Baku’s proposal to see Minsk Group abolition Alen Simonyan has declared that Armenia is taking steps aimed at concluding a peace treaty with Azerbaijan. |
