The European Bank for Reconstruction and Development is certain that the project for exploitation of the Amulsar gold mine complies with environmental standards, but the government must make the final decision.

“There has been so much talk about Lydian Armenia that it’s already hard to add anything,” Head of the European Bank for Reconstruction and Development in Armenia Dimitri Gvindadze told reporters today and added that the EBRD has a small share in the project.

He recalled that the Bank sets rather tough requirements for its participation in a particular project and added that the Government of Armenia has to make the decision on the project independently.