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EBRD IS WILLING TO MAKE NEW INVESTMENTS
Support A1+!European Bank for Reconstruction and Development has already launched six programs costing 90 million euro.
On Wednesday, the bank president Jean Lamer said at a news conference in Yerevan that the bank will target its investments on private sector and agriculture development.
He also said the bank was ready to invest greater amounts of money, but wanted to understand the country’s needs before.
The bank decided to allocate money for programs focused on searching alternative power sources. A new fund is created for that purpose, Lamer said.
