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March 28
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BRUSSELS. – Besides intellectual resources, the reforms also need material resources, Armenian President Serzh Sargsyan said on the issue of Armenia’s expectations of the EU policy, based on the principle of "More (aid and integration) for More (democratic reforms)" at the briefing in Brussels.

According to him, if the reforms are to take place sooner than expected, Armenia awaits additional resources from the EU which in turn will accelerate the reforms. 

Commenting on the issue, the European Commission President José Manuel Barroso announced that the EU communication called ‘A new response to a changing neighborhood’, which provides additional financial support, will be available for countries working towards strengthening democracy and securing human rights and fundamental freedoms.

“Such additional funding could be made available ready as of 2012,” he announced.

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