Armenian Deputy Finance Minister Edgar Mkrtchyan met on October 15 with Andrea Peduto, Deputy Head of Mission at the Italian Embassy in Armenia, and Lucia Bonelli, head of a Cassa Depositi e Prestiti (CDP) unit responsible for the Western Balkans and Eastern Neighbourhood outside the EU.
The meeting focused on diversifying Armenia’s financial cooperation and strengthening ties with new partners and institutions operating in the European Union. The participants highlighted the prospect of expanding work with leading European financial institutions, including Italian development organisations.
They discussed investment cooperation involving Italian institutions in Armenia’s green economy, energy and infrastructure sectors. In particular, the talks covered the possibility of obtaining financing on preferential terms by combining blended finance instruments with resources from the Italian development bank and the Italian Climate Fund.