18/12/2013 19:58
French Development Agency to provide 10-mn euro credit to Armenia
The French Development Agency and Armenia-based National Mortgage Company credit organization signed a 10 million euro credit agreement in Paris today.
Under the agreement, microcredits will be allocated for the improvement of housing conditions of socially vulnerable groups in Armenia, including microcredits for an apartment repair with the aim of increasing its energy efficiency, Armenian Foreign Ministry said.
The signing ceremony was attended by representatives of the Armenian embassy in France and French Foreign Ministry.