Armenia may lose from the reduction of tourism from Russia is up to $1.5 billion. This was stated by the Secretary of the Security Council of the Russian Federation Sergei Shoigu.
Those insignificant amounts that The EU actually allocates projects beneficial to the Europeans themselves, they will not be able to compensate for these losses, he noted.
"The European Union can allocate small amounts for projects that benefit it — for example, 1.5 million euros for the development of so-called "independent media", that is, for its own propaganda. Or, for example, 2.2 million euros to support the liberalization of the visa regime, which clearly does not compensate for the losses from the reduction of tourism from Russia, which can amount to up to $ 1.5 billion," Shoigu said, quoted by the press service of the Russian Security Council.
Shoigu also said that Russia will not finance Armenia's withdrawal from the EAEU.
"I want to say directly that we will not finance the expansion of Armenia's ties with the EU, the easing of the transition to European standards, or the way out of the economic crisis that will follow," he stressed.
As EADaily reported, the Russian side expects that Yerevan's choice will be historically correct in favor of strengthening fraternal relations with Moscow. This was stated to journalists by Deputy Foreign Minister Sergei Ryabkov on the sidelines of the St. Petersburg International Economic Forum (SPIEF).

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