EU officials responded by saying that Tbilisi hadn’t fulfilled the conditions to get the loan. “You can't decline what you were not eligible for,” one said.
Political leaders on both sides of the border appear interested in restoring ties after nearly three decades. Kars, on Turkey’s northeastern frontier, has much to gain.
The country has developed rapidly based on oil and gas revenues. But a new report says Azerbaijan risks potential shocks if it continues to depend so heavily on hydrocarbons.
The country will get a billion more euros than Brussels originally promised. Yerevan is connecting the windfall to the successful conduct of last month’s elections.
The country has been without a national airline since 2013, when the last one went bankrupt. Many argued that not having one was a national security risk.