The EU is a key reform partner in Armenia. Following the Armenian ‘Velvet revolution’ in 2018, the EU stepped up its support and increased its annual allocation in grants to €65 million in 2019. Its current substantial portfolio focuses on supporting the reform agenda of the new government, private sector development, education, and development of focal regions. In addition, since 2014 more than €1 billion in the form of blended loans and grants has been invested in the energy, agriculture and transport sectors.
Click on image to download the full factsheet: