Story perspectives

EU Grants €50 M to Armenia Amid Russian Trade Coercion

6/5/2026

Summary

Story summary

The European Union will provide €50 million (about $58.1 million) support package to Armenia after Russia imposed export restrictions.
European Commission President Ursula von der Leyen called Russia’s trade curbs on Armenia “economic coercion” and said they weaponise economic ties.
Von der Leyen made the statement after a phone call with Armenian Prime Minister Nikol Pashinyan.
The European Union said it stands firmly with Armenia in response to the Russian measures.

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Story summary

The European Union will provide €50 million (about $58.1 million) support package to Armenia after Russia imposed export restrictions.
European Commission President Ursula von der Leyen called Russia’s trade curbs on Armenia “economic coercion” and said they weaponise economic ties.
Von der Leyen made the statement after a phone call with Armenian Prime Minister Nikol Pashinyan.
The European Union said it stands firmly with Armenia in response to the Russian measures.