EU Announces €50 Million Aid for Armenia Amid Russian Export Ban
European Commission President Ursula von der Leyen announced a €50 million aid package for Armenia on June 5, 2026, aimed at mitigating the impact of recent Russian export restrictions. The economic pressure from Moscow follows Armenia's continued shift toward European integration and democratic reforms. The funding is intended to bolster Armenia's energy security and support private sector growth as the country seeks to reduce its historical dependence on Russian trade and infrastructure.