Armenia placed 89th in Democracy Ranking 2012

Armenia placed 89th in Democracy Ranking 2012

PanARMENIAN.Net - The Democracy Ranking 2012 downgraded the quality of democracy in Baltic states, with Estonia dropping 3 points to take 25th spot. Lithuania dropped 4 points to be placed 31st, Latvia lost 4 points to take 33rd spot.

CIS countries were ranked as follows: Moldova (52nd), Georgia (58th), Ukraine (61st), Armenia (89th), Russia (88th).

The top 10 countries are: Norway, Sweden, Finland, Switzerland, Denmark, Netherlands, New Zealand, Germany, Ireland, and Austria, media sources said.

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Sergei Galitsky (162nd) was named the world’s richest Armenian with an estimated net worth of $8.3 billion.
Issues related to the Karabakh conflict settlement and situation along the frontline were discussed during the meeting.
Karen Grigoryan and Vardan Mkrtchyan were killed, while the Azerbaijani side suffered losses and retreated to their positions.
“Our symposium will bring together some major scholars from around the world to discuss these issues and others,” Balakian said.
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