The European Union will allocate more than 200 million euros to Armenia, said EU Commissioner for Enlargement Marta Kos at a joint press conference with Deputy Prime Minister Mger Grigoryan in Yerevan, APA reports, citing Armenpress.
"I am honored to announce that we have provided funding for the second phase of the Resilience and Growth Program for Armenia. This is more than 200 million euros, which will increase investments in connectivity, sustainability, and business development," the EU Commissioner emphasized.
The EU Commissioner noted that more than 2.5 billion euros of investments have been mobilized for Armenia since 2021.