YEREVAN. – Armenia will get from Germany loans amounting to 205 million euros in the coming years. The draft agreement on a package of credits was approved during the government's session on Thursday.

As stated in the agreement, Armenia will receive from the German bank KfW up to 100 million euros for the construction of 400 kV transmission line from Armenia to Georgia, up to 50 million for the management of water resources of Akhuryan village on Turkey's border, up to 15 million on energy-efficient repairs of schools, and up to 20 million for efficient energy management in small and medium business and the same amount for the development of the real estate market.