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IAEA concludes safety review at Armenian Nuclear Power Plant

IAEA concludes safety review at Armenian Nuclear Power Plant

December 10, 2016 - 15:18 AMT  11:18 GMT
The SALTO team reviewed the plant’s programmes related to its long-term operation, including human resources and knowledge management.
IMF to disburse $90.28 million to Armenia under Extended Fund Facility

IMF to disburse $90.28 million to Armenia under Extended Fund Facility

December 9, 2016 - 17:22 AMT  13:22 GMT
The Executive Board of IMF completed the fourth review of Armenia's performance under a three-year arrangement under the EFF.
World Bank to help Armenia strengthen competitiveness

World Bank to help Armenia strengthen competitiveness

December 9, 2016 - 13:45 AMT  09:45 GMT
This operation will help improve the country’s competitiveness and business environment, said World Bank Country Manager for Armenia.
Parliament approves Armenia state budget for 2017

Parliament approves Armenia state budget for 2017

December 8, 2016 - 14:09 AMT  10:09 GMT
Prior to the vote, several opposition MPs called for boycotting the government-proposed document and blocking it.
Yerevan airport traffic grows by 29% in November

Yerevan airport traffic grows by 29% in November

December 7, 2016 - 12:27 AMT  08:27 GMT
According to the General Department of Civil Aviation, 1,916,522 passengers have used the services of the airport in January-November 2016
EEU, Iran move closer to establishing free trade zone

EEU, Iran move closer to establishing free trade zone

December 6, 2016 - 16:25 AMT  12:25 GMT
Chairman of the Board of the Eurasian Economic Commission (EEC) Tigran Sargsyan met with Iran's Ambassador to Russia Mehdi Sanayee.
Gazprom to buy $38,3 million shares by Armenian subsidiary

Gazprom to buy $38,3 million shares by Armenian subsidiary

December 3, 2016 - 15:12 AMT  11:12 GMT
Russian Gazprom’s Board of Directors agreed to acquire additional issuance of shares by Gazprom Armenia, worth 2.5 billion rubles.
Fitch rates Armenia's Yerevan

Fitch rates Armenia's Yerevan "B+", says outlook Stable

December 3, 2016 - 13:43 AMT  09:43 GMT
It reflects Yerevan's status as the capital, satisfactory budgetary performance, supported by steady transfers from the central government.
Armenia mulls producing wine, gin and champagne from honey

Armenia mulls producing wine, gin and champagne from honey

December 2, 2016 - 17:50 AMT  13:50 GMT
Dwelling upon priority issues, the beekeepers singled out the necessity to diversify bee products in Armenia.
Armenia, Iran eye cooperation in field of nanotechnologies

Armenia, Iran eye cooperation in field of nanotechnologies

November 30, 2016 - 13:45 AMT  09:45 GMT
At the meeting, also attended by Seyed Kazzem Sajjadi, Sarkar briefed Martirosyan on the Islamic Republic's achievements in this area.
Proparco, Ameriabank sign $20 mln credit facility agreement

Proparco, Ameriabank sign $20 mln credit facility agreement

November 29, 2016 - 17:32 AMT  13:32 GMT
The financing will be directed to energy efficiency, renewable energy, agribusiness, food processing, education and healthcare projects.
Central Bank lowers Armenia's 2016 economic growth outlook

Central Bank lowers Armenia's 2016 economic growth outlook

November 28, 2016 - 16:54 AMT  12:54 GMT
According to the regulator’s forecast, construction is believed to face 1.8-2.6% decline and agriculture 0.7-0.1% decline.
Armenia seeks to attract China firms, offers third-country access

Armenia seeks to attract China firms, offers third-country access

November 25, 2016 - 15:46 AMT  11:46 GMT
Armenia can become in important platform for Chinese businesses, Prime Minister Karen Karapetyan told China's ambassador to Armenia Tian Erlong.
PSRC cuts natural gas prices for Armenia consumers

PSRC cuts natural gas prices for Armenia consumers

November 25, 2016 - 12:43 AMT  08:43 GMT
For ordinary subscribers, who consume up to 10,000 cub.m. of gas per month, the PSRC set the tariff at AMD139 (approx. $0,29) per cub.m.
Armenia cuts tax burden by 1.5% to rank 14th globally - report

Armenia cuts tax burden by 1.5% to rank 14th globally - report

November 23, 2016 - 12:33 AMT  08:33 GMT
Similar to last year, Georgia remained the only post-Soviet country with a lighter tax burden - 16.4% total tax rate and 13th spot.
Armenia PM: Govt. proposes most rapid economic change possible

Armenia PM: Govt. proposes most rapid economic change possible

November 21, 2016 - 17:08 AMT  13:08 GMT
He’s seeking to develop clear long-term plans over the next six months so that “from 2018 we’ll have sustainable year-on-year growth."
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