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EU Commits €270 Million to Armenia
EU Commits €270 Million to Armenia

See - Sada Elbalad

time30-06-2025

  • Business
  • See - Sada Elbalad

EU Commits €270 Million to Armenia

Israa Farhan The European Union has pledged €270 million to Armenia under the Resilience and Growth Plan, aiming to bolster economic development, strengthen democratic institutions, and deepen EU-Armenia relations. The announcement was made by EU High Representative for Foreign Affairs Kaja Kallas during her official visit to Yerevan. The funding, set to be distributed through 2027, will support private sector growth, institutional reforms, and strategic regional cooperation. A key component of the plan includes a significant investment in Armenian independent media to counter disinformation and hybrid threats, in line with the EU's broader commitment to promoting democratic resilience. Kallas highlighted that the media support forms part of the EU's wider regional response to the consequences of the ongoing conflict in Ukraine. The initiative aims to enhance information integrity and reduce external influence, particularly from Russia, in the South Caucasus region. In addition, discussions in Yerevan included Armenia's prospective involvement in the EU's Black Sea Strategy, an initiative designed to limit Russian geopolitical leverage and enhance regional connectivity and security. Kallas also confirmed that Brussels and Yerevan have reached a preliminary agreement on Armenia's future participation in EU foreign crisis management missions, signaling a step forward in Armenia's alignment with European defense and security frameworks. read more Gold prices rise, 21 Karat at EGP 3685 NATO's Role in Israeli-Palestinian Conflict US Expresses 'Strong Opposition' to New Turkish Military Operation in Syria Shoukry Meets Director-General of FAO Lavrov: confrontation bet. nuclear powers must be avoided News Iran Summons French Ambassador over Foreign Minister Remarks News Aboul Gheit Condemns Israeli Escalation in West Bank News Greek PM: Athens Plays Key Role in Improving Energy Security in Region News One Person Injured in Explosion at Ukrainian Embassy in Madrid News China Launches Largest Ever Aircraft Carrier Sports Former Al Zamalek Player Ibrahim Shika Passes away after Long Battle with Cancer Videos & Features Tragedy Overshadows MC Alger Championship Celebration: One Fan Dead, 11 Injured After Stadium Fall Lifestyle Get to Know 2025 Eid Al Adha Prayer Times in Egypt Business Fear & Greed Index Plummets to Lowest Level Ever Recorded amid Global Trade War News Flights suspended at Port Sudan Airport after Drone Attacks Videos & Features Video: Trending Lifestyle TikToker Valeria Márquez Shot Dead during Live Stream News Shell Unveils Cost-Cutting, LNG Growth Plan Technology 50-Year Soviet Spacecraft 'Kosmos 482' Crashes into Indian Ocean Arts & Culture "6 Ayam" Sets Streaming Date

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