YEREVAN. – Armenia will get €10 million from the European Union (EU), and within the framework of the regional development loan program.  

The respective decision was made at Thursday’s Cabinet meeting.

Armenia will co-fund this program by allocating €1.75 million.

With this program, Armenia will enhance the projects to achieve a balanced regional development in the country.

In addition, it is planned to implement a regional development loan program, with the priority being the regional development programs in Armenia.