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The European Investment Bank: EUR 3.4 billion for new investment in business, innovation, agriculture and tourism

16 May 2019
The Board of Directors of the European Investment Bank (EIB) approved a total of EUR 3.4 billion of new financing that will strengthen research and innovation and enable companies to expand and improve access to water, transport, and education. This will support new projects in 17 countries.…
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Eastern Partnership celebrates 10-year anniversary at high-level conference in Brussels

14 May 2019
On 14 May, President of the European Commission Jean-Claude Juncker hosted a high-level conference on the occasion of the 10th anniversary of the Eastern Partnership. The conference brought together Heads of State or Government of the Eastern partner countries, foreign ministers of the EU Member…
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Eastern Partnership foreign ministers gather in Brussels to mark 10th anniversary of the initiative

14 May 2019
On 13 May, foreign ministers and representatives of Member States of the European Union, the High Representative of the Union for Foreign Affairs and Security Policy and the foreign ministers of the EU’s six Eastern partner countries met in Brussels to celebrate the 10th anniversary of the Eastern…
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EU celebrates 10 years of the Eastern Partnership

10 May 2019
On 13-14 May, the EU, Armenia, Azerbaijan, Belarus, Georgia, the Republic of Moldova and Ukraine will mark the 10th anniversary of the Eastern Partnership (EaP) with a number of events in Brussels. The events will provide the opportunity to celebrate a partnership that has proven to be mutually…
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The European Bank for Reconstruction and Development: Economic growth is expected to track the global economy lower in 2019

08 May 2019
The EBRD’s latest economic outlook has revised down predictions for 2019. It now expects average growth across the EBRD economies of 2.3 per cent, a 0.3 percentage point cut from the previous Novemberforecast, and compared with 3.4 per cent expansion in 2018. It forecasts a recovery to 2.6 per cent…
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Role of fisheries in economic development discussed at conference in Georgia

15 April 2019
On 6 April, representatives of the fishing industry gathered in the Georgian city of Batumi for a conference entitled “Fisheries for the Economic Development of the Country”. The participants included representatives from governmental and non-governmental organisations from Georgia, Ukraine,…
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EU to facilitate financing for small businesses in Africa and the European Neighbourhood

15 April 2019
The European Commission makes available €4.2 million under the External Investment Plan to help banks in Africa and the European Neighbourhood better assist underfinanced sectors. Commissioner for International Cooperation and Development, Neven Mimica, signed this support agreement last week in…
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Europe remains the world's biggest development donor – €74.4 billion in 2018

11 April 2019
The European Union and its Member States continued to be the world's leading provider of official development assistance in 2018 and stepped up their efforts directed at developing countries. This was confirmed by the OECD's Development Assistance Committee (OECD-DAC) in their latest report on…
Towards a Sustainable Europe by 2030

Sustainable development: The Council of the European Union adopts conclusions

10 April 2019
The Council adopted a set of conclusions concerning the implementation by the EU of the United Nations' 2030 Agenda on Sustainable Development, which was established in 2015 and comprises a set of 17 Sustainable Development Goals (SDGs). Given the horizontal nature of the 2030 Agenda, its…
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13 Armenian communities start developing Local Economic Development Plans after joining EU initiative

08 April 2019
At the end of March, 13 new signatories of the EU’s initiative for the Eastern Neighbourhood “Mayors for Economic Growth” (M4EG) gathered for a capacity building seminar in the Armenian capital of Yerevan. At the seminar, the new signatories from Armenia were introduced to the M4EG concept. They…