Friday, April 28 2017 11:38
Naira Badalian

EU initiates new project on Armenian communities economic potential support

ArmInfo. EU intiates new regional  project on Armenian communities economic potential development   support. The official start of  EU f funded  project  on Armenian  Local Economic Devleopment , assuming EUR 9,5 mln budget for 6 post  soviet countries, was announced  on April 28 in Yerevan. The project  assumes also the local co-financing of local communities. Another EUR  5 mln will be rendered within the framework of technical assistance.  The program will finish in December 2020 and is aimed at the  improvement of sustainable and inclusive growth of local communities,  increase of those economic competitiveness and creation of jobs. 

According to the information shared with ArmInfo by Peter Korsby, the  head of Mayors for Economic Growth  project, the main beneficiaries  of the project will be the local self-governance bodies, within the  purpose of  those  more active integration in the development of  local communities economy, under the closest  development with the  centralized authorities  of the country. According to Korsby, in  western countries self governance bodies play an essential role in  community development, while at post soviet region  all the decisions  are being made by central authorities, and the local authorities are  doing nothing. " 

It is very important today that heads of  local communities could  understand their responsibility for their regions development and   could be more active," the project director mentioned. According to  Hoa Bihn Adjemyan, the EU Delegation in Armenia cooperation  department head, the main idea of the project is the cooperation  between civil society, local self governance bodies and private  sector. 

To mention, on April 11 another EU funded project with EUR 2,9 mln  budjet  started IN Armenia and  the appropriate call for proposals  has an objective to enhance people to people contacts and local  community development within the country and within the region  through sport, culture, education and tourism.  Projects proposal can  support among other things the development of (1) outdoor activities  such as summer and winter sports that can have an impact on tourism  development; (2) educative programs complementing existing compulsory  education and higher education institutions offering innovative  learning platforms and spaces; (3) cultural associations promoting  the development of performing arts, music, theatres, literature,  painting, animation, filming, etc.

EU takes a commitment to promote the improvement of civil society and  local communities in the whole context of the development of  Armenia," Pitor Switalski, the Head of the European Union Delegation  to Armenia stated.

POST A COMMENT
Input digits     


News
Armenian FM visits State of Green in CopenhagenArmenian FM visits State of Green in Copenhagen
Emergence of risks should be viewed as source of development by  utilizing existing opportunities and ideas - minister Emergence of risks should be viewed as source of development by  utilizing existing opportunities and ideas - minister 
Armenia and Oman intend to increase mutual tourism flow.Armenia and Oman intend to increase mutual tourism flow.
Central Asia and South Caucasus to lead in warehouse infrastructure  growth through 2040 - EDBCentral Asia and South Caucasus to lead in warehouse infrastructure  growth through 2040 - EDB
 Armenian, Danish FMs discuss development of bilateral sectoral  cooperation Armenian, Danish FMs discuss development of bilateral sectoral  cooperation
Central Bank cementing everything for security, but  losing investor  interest - expert on Armenian crypto regulationCentral Bank cementing everything for security, but  losing investor  interest - expert on Armenian crypto regulation
25 billion AMD Government bonds allocation auction took place on AMX25 billion AMD Government bonds allocation auction took place on AMX
Mariam Hambardzumyan: Armenia`s education system not adapted to meet  the needs of  businessesMariam Hambardzumyan: Armenia`s education system not adapted to meet  the needs of  businesses
Expert: AI will not replace people, but rather those who don`t use AIExpert: AI will not replace people, but rather those who don`t use AI
Idram Junior Participants Receive Prizes: The First Junius Financial Literacy Competition ConcludesIdram Junior Participants Receive Prizes: The First Junius Financial Literacy Competition Concludes
Starting in 2026, conclusion, termination, and modification of  employment contracts in Armenia to be carried out exclusively through  digital platformStarting in 2026, conclusion, termination, and modification of  employment contracts in Armenia to be carried out exclusively through  digital platform
Armenia, Saudi Arabia planning to expand economic cooperation in  several areasArmenia, Saudi Arabia planning to expand economic cooperation in  several areas
Armenian parliamentary opposition demanding price of Kazakh grain  delivered to Armenia Armenian parliamentary opposition demanding price of Kazakh grain  delivered to Armenia 
Hovhannes Khachatryan: Armenia`s digitalization is progressing  steadily, changing the architecture of interaction and identificationHovhannes Khachatryan: Armenia`s digitalization is progressing  steadily, changing the architecture of interaction and identification
Supply of fourth-grade wheat from Kazakhstan means Armenia also needs  it, official saysSupply of fourth-grade wheat from Kazakhstan means Armenia also needs  it, official says
Under `We Are Our Mountains` program, 12 families in Tatev community  received grants to implement their business ideasUnder `We Are Our Mountains` program, 12 families in Tatev community  received grants to implement their business ideas
Gold price rise stems from global processes - economists Gold price rise stems from global processes - economists 
Duty on metal fitting import to be raised in ArmeniaDuty on metal fitting import to be raised in Armenia
Saudi Arabia`s Public Investment Fund considering investing in  ArmeniaSaudi Arabia`s Public Investment Fund considering investing in  Armenia
Armenia and Kazakhstan discuss opportunities to develop cooperation  in digitalizationArmenia and Kazakhstan discuss opportunities to develop cooperation  in digitalization
Armenia`s ICT sector revenue grew by double-digits in the first nine  monthsArmenia`s ICT sector revenue grew by double-digits in the first nine  months
Service sector revenue accelerated in the first nine monthsService sector revenue accelerated in the first nine months
Armenia`s trade sector generated $12.1 billion in revenue in the  first nine monthsArmenia`s trade sector generated $12.1 billion in revenue in the  first nine months
Kazakhstan`s national grain operator ready to supply Armenian  consumers with approximately 15,000- 20,000 tons of food grain  monthlyKazakhstan`s national grain operator ready to supply Armenian  consumers with approximately 15,000- 20,000 tons of food grain  monthly
Armenia`s telecommunications revenue growth slowingArmenia`s telecommunications revenue growth slowing
Armenia`s metallurgy sector decreased by 10% in the first nine monthsArmenia`s metallurgy sector decreased by 10% in the first nine months
Cargo transportation in Armenia increased by 1.6% over the first nine  months, while passenger transportation decreased by 2.4%Cargo transportation in Armenia increased by 1.6% over the first nine  months, while passenger transportation decreased by 2.4%
Power generation in Armenia increased by 8.2% in the first nine  monthsPower generation in Armenia increased by 8.2% in the first nine  months
Wine production dropped by 36% and  cognac by 34.4% in the first nine  months Wine production dropped by 36% and  cognac by 34.4% in the first nine  months 
5,312,038 AMD for “Symphonic Forest”: the November beneficiary is AI4Biodiversity: AI Solutions for Nature, a national hackathon5,312,038 AMD for “Symphonic Forest”: the November beneficiary is AI4Biodiversity: AI Solutions for Nature, a national hackathon
Expert on small nuclear power plants: The hardest thing of all is to  find a cat in a dark room, especially if there is no catExpert on small nuclear power plants: The hardest thing of all is to  find a cat in a dark room, especially if there is no cat
PSRC planning to revoke Electric Networks of Armenia CJSC`s operating  licensePSRC planning to revoke Electric Networks of Armenia CJSC`s operating  license
Armenian minister of economy takes part in 124th meeting of UNWTO  Executive CouncilArmenian minister of economy takes part in 124th meeting of UNWTO  Executive Council
Armenia, Iran discuss prospects for cooperation in tourism sectorArmenia, Iran discuss prospects for cooperation in tourism sector
Armenia`s first satellite, Armsat-1,  entered controlled deorbit  phaseArmenia`s first satellite, Armsat-1,  entered controlled deorbit  phase
Pashinyan: Investments in Armenia`s military-industrial complex  amounted to approximately $450 million over past two yearsPashinyan: Investments in Armenia`s military-industrial complex  amounted to approximately $450 million over past two years
Armenia`s industrial sector declined by 5.7% in January-September  2025Armenia`s industrial sector declined by 5.7% in January-September  2025
TEAM`s 5G network  available in Gyumri and VanadzorTEAM`s 5G network  available in Gyumri and Vanadzor
Economy Minister discussed rebranding of Armenian brandy with  producersEconomy Minister discussed rebranding of Armenian brandy with  producers
Dollar, ruble transactions   decreased in Armenia`s  interbank  foreign exchange market from November 3- 7, 2025Dollar, ruble transactions   decreased in Armenia`s  interbank  foreign exchange market from November 3- 7, 2025
Fly Cham to launch Aleppo-Yerevan flightsFly Cham to launch Aleppo-Yerevan flights
FLYONE ARMENIA to launch new Yerevan-Batumi - Yerevan flight next  yearFLYONE ARMENIA to launch new Yerevan-Batumi - Yerevan flight next  year
Armenia among top 10 popular destinations for Russian tourists,  according to results of  first nine months of 2025Armenia among top 10 popular destinations for Russian tourists,  according to results of  first nine months of 2025
Armenia, India discuss possible cooperation in defense industry Armenia, India discuss possible cooperation in defense industry 
Armenian MP proposes rising duty on metal fitting Armenian MP proposes rising duty on metal fitting 
New route through Azerbaijan to strengthen sustainability of supplies  of Russian agricultural products to regoinal countriesNew route through Azerbaijan to strengthen sustainability of supplies  of Russian agricultural products to regoinal countries
AraratBank Honoured with STP Award by Commerzbank AGAraratBank Honoured with STP Award by Commerzbank AG
AI to change economy, public and everyday life beyond recognition in  coming years - Hakob Arshakyan AI to change economy, public and everyday life beyond recognition in  coming years - Hakob Arshakyan 
RA SRC: List of products subject to identification marking to be  expanded from January 1, 2026RA SRC: List of products subject to identification marking to be  expanded from January 1, 2026
ARMSWISSBANK: A strategic financial bridge between Armenia and international marketsARMSWISSBANK: A strategic financial bridge between Armenia and international markets
Germany to support Armenia with 152  million euros in strategic  cooperation areas  until 2027 - German EmbassyGermany to support Armenia with 152  million euros in strategic  cooperation areas  until 2027 - German Embassy
By the end of October, actual tax collections in Armenia exceeded   annual target by 13.7%By the end of October, actual tax collections in Armenia exceeded   annual target by 13.7%
Compelling Business Loan Offer from AraratBank: JOIN USCompelling Business Loan Offer from AraratBank: JOIN US
Economist: It`s too early to assess economic benefits of new freight  routes passing through ArmeniaEconomist: It`s too early to assess economic benefits of new freight  routes passing through Armenia
82% of tax revenues and state duties planned for 2025  already   secured- RA SRC Chairman82% of tax revenues and state duties planned for 2025  already   secured- RA SRC Chairman
I hope we don`t jinx it: Pashinyan commends Iranian company for  I hope we don`t jinx it: Pashinyan commends Iranian company for  "unprecedented construction speeds"
Grain delivery to Armenia dynamic - premier Grain delivery to Armenia dynamic - premier 
Armenian pensioners to get cashless pensions Armenian pensioners to get cashless pensions 
RA MOD to get $11mln more RA MOD to get $11mln more 
Health Programs Implementation Office to be responsible for  implementing Universal Health Coverage Loan ProgramHealth Programs Implementation Office to be responsible for  implementing Universal Health Coverage Loan Program
Read more
Exchange rates
11.11.2025
RUB4.71-0.01
USD382.52-0.09
EUR442.730.36
GBP502.55-0.96
CAD272.64-0.28
JPY24.80-0.02
CNY53.73-0.01
CHF476.962.32