Turquie

EIB Vice-President Teresa Czerwińska, Head of the EU Delegation to Armenia, Ambassador Vassilis Maragos Armenia’s Minister of Finance, Vahe Hovhannisyan and Armenia’s Deputy Prime Minister Mher Grigoryan announced an EU grant of over €10 million for energy efficiency improvements across Yerevan today.

The European Investment Bank’s global arm (EIB Global) has signed a loan of up to €236 million with Armenia to co-finance the construction of the Sisian-Kajaran road, a crucial segment of the north-south transport corridor. This project is set to become a gamechanger for Armenia and the South Caucasus region, significantly improving transport connectivity between the European Union, Middle East and Asia.

Thousands of businesses in Armenia will find it easier to access credit thanks to a nearly €70 million financing package from the global arm of the European Investment Bank (EIB Global) and the European Commission.