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Armenia imposes embargo on Turkish products

Armenia imposes embargo on Turkish products

October 21, 2020 - 20:05 AMT  16:05 GMT
The ban suspends the financial flow to the Turkish treasury, which Ankara then uses to support Azerbaijan.
Armenia mulls banning import of Turkish products

Armenia mulls banning import of Turkish products

October 16, 2020 - 12:42 AMT  08:42 GMT
If approved by the government, the decision will enter into force on December 31 for a six-month period.
Iran eyes more energy cooperation with Armenia despite U.S. sanctions

Iran eyes more energy cooperation with Armenia despite U.S. sanctions

September 25, 2020 - 13:57 AMT  09:57 GMT
Iran will continue cooperation with Armenia in the energy sector, despite the sanctions, Zarif has said.
EBRD will provide €10.6m loan to Armenia for new border crossing point

EBRD will provide €10.6m loan to Armenia for new border crossing point

September 18, 2020 - 18:13 AMT  14:13 GMT
The Chairman of the State Revenue Committee said the new border crossing point will be ready in 2023.
Warsaw Stock Exchange planning to take over Armenia Securities Exchange

Warsaw Stock Exchange planning to take over Armenia Securities Exchange

September 18, 2020 - 16:27 AMT  12:27 GMT
The final terms of the acquisition will depend on results of due diligence and necessary corporate approvals.
Armenia approves paid paternity leave for new dads

Armenia approves paid paternity leave for new dads

September 16, 2020 - 13:34 AMT  09:34 GMT
The parliament on September 16 approved the proposal with 116 votes in favor and one against.
Aram Kayfajyan appointed as Inecobank Board Member

Aram Kayfajyan appointed as Inecobank Board Member

September 15, 2020 - 18:11 AMT  14:11 GMT
Kayfajyan will become the 3rd independent member in a seven-strong supervisory board of Inecobank.
ADB predicts 4% GDP decline for Armenia in 2020

ADB predicts 4% GDP decline for Armenia in 2020

September 15, 2020 - 13:09 AMT  09:09 GMT
The Armenian economy will contract 4% in 2020 – down from a previous forecast of 3.5% decline, ADB said.
Government will pay $35m for new Yerevan Metro station – Mayor

Government will pay $35m for new Yerevan Metro station – Mayor

September 14, 2020 - 15:23 AMT  11:23 GMT
Hayk Marutyan noted they initially intended to involve the private sector to ease the burden on the government.
Armenia lands 18th among 162 nations in economic freedom report

Armenia lands 18th among 162 nations in economic freedom report

September 14, 2020 - 12:57 AMT  08:57 GMT
The survey by Fraser Institute measures economic freedom, ranking countries based on five areas.
Armenia's GDP expected to expand by 4.8% in 2020 – EDB

Armenia's GDP expected to expand by 4.8% in 2020 – EDB

September 12, 2020 - 16:38 AMT  12:38 GMT
According to the report, economic activity in Armenia was affected by the decline in remittances.
U.S.։ Armenia investment climate improving but challenges remain

U.S.։ Armenia investment climate improving but challenges remain

September 11, 2020 - 15:27 AMT  11:27 GMT
The report said over the past years, Armenia has received respectable rankings in international indices․
Armenia economic activity shrank 4․7% in January-July

Armenia economic activity shrank 4․7% in January-July

September 7, 2020 - 18:04 AMT  14:04 GMT
In July alone, the economic activity contracted by 10.2% against the same period last year.
Universal income declaration mechanisms discussed in Armenia

Universal income declaration mechanisms discussed in Armenia

August 28, 2020 - 13:25 AMT  09:25 GMT
Different mechanisms for organizing the process of universal declaration of incomes were discussed.
Armenia to build new village for first time as independent republic

Armenia to build new village for first time as independent republic

August 27, 2020 - 18:08 AMT  14:08 GMT
Jradzor community in Shirak will be resettled to pave the way will for the construction of Kaps Reservoir.
Armenia economic activity shrank 10.2% in July

Armenia economic activity shrank 10.2% in July

August 25, 2020 - 15:53 AMT  11:53 GMT
Construction and trade declined by 19.5% and 10.4%, respectively, while the industrial sector contracted by 2.3%.
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