Azerbaijan and the EU

EBRD forecasts Azerbaijan’s GDP growth

European Bank for Reconstruction and Development (EBRD) forecasts 2.5%-growth in Azerbaijan’s GDP in 2018, according to the bank's Regional Economic Prospects report. ‘This is 0.5% higher than previous forecast’, …

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EIB approves loan for TAP gas pipeline

The European Investment Bank approved a 1.5 billion euro loan for the Trans-Adriatic Pipeline (TAP), part of a $40 billion project to bring new gas supplies to Europe. The European Union is trying to reduce its dependence on Russian gas …

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Azerbaijani FM to meet Mogherini in Brussels

Azerbaijani Foreign Minister Elmar Mammadyarov will meet with the High Representative of the European Union for Foreign Affairs and Security Policy and Vice-President of the European Commission, Federica …

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Maros Sefcovic to visit Baku

European Commission Vice-President for Energy Union Maros Sefcovic will visit Baku, the European Commission said. Sefcovic will take part in the upcoming meeting of the Southern Gas Corridor Consultative Council to be …

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EU praises Azerbaijan potential in development of SMEs

Azerbaijan has great potential for the development of small and medium-sized businesses (SMEs) and the achievement of European indicators in this area, the head of Operations Section at the EU mission in Baku, Jeroen Willems said …

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Buta Airways starts flights to Europe

An agreement on opening of direct flights between Baku and Sophia has been reached in negotiations of Presidents of Azerbaijan Ilham Aliyev and Bulgaria Rumen Radev. From January 16, 2018 the flights will be operated by low-cost …

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