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Armenia climbs 13 notsches in Index of Economic Freedom

Armenia climbs 13 notsches in Index of Economic Freedom

June 29, 2020 - 16:25 AMT  12:25 GMT
Տhis year the nation has improved its standing and is now ranked among the "mostly free" economies.
Armenia: 71,000 jobs were cut in April, 50,000 were restored in May

Armenia: 71,000 jobs were cut in April, 50,000 were restored in May

June 23, 2020 - 18:17 AMT  14:17 GMT
Pashinyan said live on Facebook that the country should avoid imposing a lockdown again at all costs.
Galaxy Group of Companies celebrates employees with motivational video

Galaxy Group of Companies celebrates employees with motivational video

June 8, 2020 - 13:58 AMT  09:58 GMT
The goal is to maintain team spirit and motivation during difficult times for the country.
Armenia to receive $315 million in loans from IMF

Armenia to receive $315 million in loans from IMF

June 4, 2020 - 16:53 AMT  12:53 GMT
The government approved the Stand-By Arrangement signed between the country and the IMF on May 23 and June 1.
Evocabank unveils first cardless cash withdrawal in Armenia

Evocabank unveils first cardless cash withdrawal in Armenia

May 27, 2020 - 18:24 AMT  14:24 GMT
Evocabank customers will be able to withdraw money without a card through the bank's ATMs.
Armenia economic activity shrank 17% during April

Armenia economic activity shrank 17% during April

May 25, 2020 - 19:00 AMT  15:00 GMT
Economic activity shrank by 17.2% in April year-on-year, reveals data from the National Statistical Service.
IMF allows immediate release of $280 million for Armenia

IMF allows immediate release of $280 million for Armenia

May 19, 2020 - 13:47 AMT  09:47 GMT
IMF said the augmentation of access will help the Armenian authorities contain short-term risks.
Armenia Union of Employers concerned over Ucom developments

Armenia Union of Employers concerned over Ucom developments

May 18, 2020 - 15:54 AMT  11:54 GMT
The Republican Union of Employers of Armenia represents more than 20 percent of Armenia's largest companies.
EBRD forecasts Armenia's economy will shrink by 3.5%

EBRD forecasts Armenia's economy will shrink by 3.5%

May 13, 2020 - 18:09 AMT  14:09 GMT
However, the EBRD said the country's economy is expected to bounce back and grow by 5.5% in 2021.
Armenia will raise new funds to upgrade nuclear plant

Armenia will raise new funds to upgrade nuclear plant

May 7, 2020 - 21:10 AMT  17:10 GMT
According to Suren Papikyan, Armenian authorities are planning to change the format of financing the renovation.
Moody's reaffirms Ameriabank Ba3 rating with Stable Outlook

Moody's reaffirms Ameriabank Ba3 rating with Stable Outlook

May 7, 2020 - 17:47 AMT  13:47 GMT
Ameriabank said they believe that rating affirmation is an important factor amid the situation driven by COVID-19
Covid-19 aid: Armenia distributes $120m among 1/3 of population

Covid-19 aid: Armenia distributes $120m among 1/3 of population

May 1, 2020 - 14:43 AMT  10:43 GMT
A total of 23,000 legal entities and 825,000 individuals have benefited from the programs, Pashinyan said
Armenia: Coronavirus cases hit all-time high amid easing of lockdown

Armenia: Coronavirus cases hit all-time high amid easing of lockdown

April 30, 2020 - 12:50 AMT  08:50 GMT
134 new infections were announced on Thursday, taking the total number of infections to 2066.
Central bank cuts refinancing rate in Armenia to 5.0%

Central bank cuts refinancing rate in Armenia to 5.0%

April 28, 2020 - 18:56 AMT  14:56 GMT
In March, the country's consumer price index rose by 0.5% month-on-month, the bank said.
Board Chairman։ Top officials have demanded Ucom alienation

Board Chairman։ Top officials have demanded Ucom alienation

April 28, 2020 - 13:52 AMT  09:52 GMT
Gurgen Khachatryan claimed that the "illegalities have been taking place in 2020."
Aircompany Armenia planning flights to Russia, Israel on May 17

Aircompany Armenia planning flights to Russia, Israel on May 17

April 28, 2020 - 11:41 AMT  07:41 GMT
Only citizens of Russia and Israel can take the flights to Voronezh and Tel Aviv, respectively.
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