Germany intends to provide the Government of Armenia with a loan of up to €26,000,000 from the Recovery Loan Bank for the program "Development of Renewable Energy and Energy Efficiency, Phase IV", as well as a grant of up to €2,000,000 for accompanying measures.
The loan will be provided within the framework of RA Law "On Ratification of Agreement on Financial Cooperation between Governments of tRepublic of Armenia and Federal Republic of Germany" signed in Yerevan on March 31, 2025.
July 01, 2025 at 15:30