EBRD WILL INVEST 40 MILLION EUROS IN ARMENIAN ECONOMY IN 2006

AramRadio.am
29.03.2006 16:52

“In the current year the volume of investments of the European Bank for
Reconstruction and Development in the economy of Armenia will total
40 million Euros,” EBRD Director for South Caucasian Countries and
Moldova Mike Davey said during the international banking conference
on commercial financing organized by EBRD and “Armeconombank.”

“We are expanding our activity in Armenia, including the staff list
of the employees of EBRD Office in Armenia,” he underlined.

To remind, last year the volume of EBRD investments in the Armenian
economy totaled 20 million Euros for 11 different projects.