Armenian economy

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EU supports ongoing reforms in Armenia

EU supports ongoing reforms in Armenia

The European Union will continue to support the ongoing reforms in Armenia, the High Representative of the European Union for Foreign Affairs and Security Policy, Federica Mogherini, said at the meeting with the Acting Foreign …

Armenia's economic activity falls by 4.7%

Armenia's economic activity falls by 4.7%

The level of economic activity in Armenia in this July fell 4.7% in comparison with last July, Haykakan Zhamanak reports. Just a fortnight ago, Armenia’s Prime Minister Hovik Abrahamyan summed up the figures …

 Armenia plans to revive its economy by exports

Armenia plans to revive its economy by exports

Despite the socio-economic and security-related problems in the past months, Armenia’s economy has secured an essential growth against 2015, the Armenian Prime Minister Hovik Abrahamyan said. “In the first …

Armenia’s debt surged by $267.5 million

Armenia’s debt surged by $267.5 million

Armenia’s aggregate state debt surged by 5.3% or $267.5 million from the beginning of the year reaching $5.345.2 billion at the end of June, according to the latest numbers, released today by the National Statistical Service (NSS). In June …

Lilia Gumerova: Russia is leading partner of Armenia

Lilia Gumerova: Russia is leading partner of Armenia

Russia is committed to a dialogue, cooperation and settlement of the most difficult problems in relations with the South Caucasus, including Armenia, the first deputy chairman of the Federation Council Committee on Science, Education and Culture, …

Armenian trade goes through dark times

Armenian trade goes through dark times

The situation in Armenia's retail trade has further deteriorated in recent years, according to data of the National Statistical Service of the Republic. The retail turnover in the country decreased by 6.5 billion drams (about $ …

Armenian economy becomes twice as passive in month

Armenian economy becomes twice as passive in month

The level of economic activity in Armenia in January fell 49.2% in comparison with December, according to data of the National Statistical Service of the Republic. Furthermore, there is fixed a reduction in several other parameters. In …

Armenian Press Review (February 4-10)

Armenian Press Review (February 4-10)

The coalition of the RPA and ARFD, fracturing of ‘Prosperous Armenia’, the new ambassador of Armenia to Russia, rises in prices ...

Armenian press review (January 28 - February 3)

Armenian press review (January 28 - February 3)

Armenian media write about the aggravation of differences between President Serzh Sargsyan and Prime Minister Hovik Abrahamyan during the negotiations on the establishment of the next ruling coalition