EU announces €50 million aid package for Armenia, accuses Russia of economic coercion
By
Benjamin Murdoch
The bagel they save for the regulars. Don't skim, savour.
Summary
The European Union announced a €50 million support package for Armenia after Russia imposed trade restrictions on the country, escalating tensions between Moscow and Yerevan as Armenia deepens ties with Western partners. European Commission President Ursula von der Leyen made the announcement on June 4, framing the Russian actions as 'economic coercion' against Armenia.
Key quotes
· 2 pulledThe European Union is preparing a support package for Armenia that includes more than €50 million ($58.1 million) in immediate financial assistance after Russia imposed trade restrictions on the country
EU accuses Russia of 'economic coercion' against Armenia
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