The outcome of the military conflict in Upper Karabakh between Azerbaijan and Armenia transformed the geopolitical reality in the South Caucasus, with implications for the wider Black Sea-Caspian region. The war demonstrated that power politics is alive and well, and that with great power consent (in this case Russia and Turkey), smaller actors like Azerbaijan
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The European Bank for Reconstruction and Development (EBRD) and the European Union (EU) are scaling up their support for small and medium-sized enterprises (SMEs) in Armenia, Azerbaijan, Belarus, Georgia, Moldova and Ukraine (EaP) amid a severe economic downturn resulting from the coronavirus pandemic.
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It is difficult to imagine going about your day without access to the internet. The coronavirus pandemic has driven life further online. The internet enables millions around the world to work, study, socialise and stay in touch with loved ones during these trying times.
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The European Bank for Reconstruction and Development (EBRD) is extending a €25 million loan to OTP Leasing to boost the competitiveness of micro, small and medium-sized enterprises (MSMEs) across Ukraine against the backdrop of the coronavirus pandemic and its economic impact.
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The European Bank for Reconstruction and Development (EBRD) and the European Union (EU) are providing new finance to small and medium-sized enterprises (SMEs) in Moldova. A €17.5 million loan to Moldova Agroindbank (MAIB) will offer much-needed access to finance to this critical business segment.
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Following the signature of a trilateral statement between Armenia, Azerbaijan, and the Russian Federation to end fighting in the Nagorno-Karabakh region, OSCE PA President George Tsereteli (MP, Georgia) issued the following statement:
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The UN Secretary-General on Sunday condemned “all attacks on populated areas” in and around the Nagorno-Karabakh zone of conflict, as Armenia and Azerbaijan reportedly accused each other of violating the latest humanitarian ceasefire agreement.
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The agreement reached in Moscow overnight by Armenia and Azerbaijan puts us on the path towards the resumption of substantive negotiations in the agreed format
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Amid escalating hostilities in the Nagorno-Karabakh conflict zone, the UN High Commissioner for Human Rights appealed on Friday for an urgent ceasefire and for greater protection to be given to those caught up in the violence.
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Amid ongoing fighting between Azerbaijan and Armenia, Georgia has suspended the transit of military cargo through its territory to either country either by land or air. No restrictions apply to transit of civilian goods and other cargo.
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