EU to Allocate Funds if Armenia Shuts Down Plant

European officials meeting with Armenian Authorities in Yerevan on Thursday urged the shut down of Armenia’s nuclear power plant. "After in-depth discussions that are still continuing today with Armenian authorities–I believe that the European Union and Armenia have concluded that–considering that the nuclear power plant is stationed in a seismic region–the plant must ultimately be shut down," said European Commission representative Michael Lynn during a joint press conference with Armenia’s Foreign Minister Vartan Oskanian and the head of the EU delegation presently in Armenia Italian Deputy Minister of Foreign Affairs Margherita Boniver; the delegation represents the Italian presidency of the European Union–the upcoming Irish presidency as well as the European Commission.

Lynn noted that the EU already provides funds to Armenia to research alternative energy sources. "If the government of Armenia decides to shut down the nuclear power plant–the EU is ready to allocate significant funds to set up alternative energy stations."

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