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Armenia to provide over $19M annually to Karabakh for 10 years

Armenia to provide over $19M annually to Karabakh for 10 years

April 22, 2021 - 18:18 AMT  14:18 GMT
The Cabinet on April 22 approved the signing of a financial agreement between Armenia and Karabakh.
Philip Lynch weighs in on development trends of Armenian economy

Philip Lynch weighs in on development trends of Armenian economy

April 22, 2021 - 17:33 AMT  13:33 GMT
Ameriabank has shared the second part of the interview with Philip Lynch, Independent Board Member at the bank.
IMF expects

IMF expects "around 1%" GDP growth for Armenia in 2021

April 22, 2021 - 14:23 AMT  10:23 GMT
An IMF team held virtual staff-level discussions with the Armenian authorities during April 6–21.
Galaxy Group of Companies paid over AMD 11.5 billion in taxes in 2020

Galaxy Group of Companies paid over AMD 11.5 billion in taxes in 2020

April 19, 2021 - 16:13 AMT  12:13 GMT
The report includes information about the tax and loan portfolio, number of employees.
Armenia will

Armenia will "soon" unveil stance on Baku's participation in EAEU meeting

April 16, 2021 - 18:26 AMT  14:26 GMT
Under the EAEU regulations, Armenia should give consent for Azerbaijan to be able to join the meeting.
EU envoy suggests Armenia, Azerbaijan resume sharing reservoirs

EU envoy suggests Armenia, Azerbaijan resume sharing reservoirs

April 16, 2021 - 14:58 AMT  10:58 GMT
Toivo Klaar said the Joghaz and its sister reservoir, the Abbasbayli, are good candidates for cooperation.
Philip Lynch: Asian development model could be applicable to Armenia

Philip Lynch: Asian development model could be applicable to Armenia

April 16, 2021 - 12:15 AMT  08:15 GMT
Lynch has weighed in on a number of issues, including the challenges and development prospects Armenia has.
Switzerland approves $4.9M Armenia

Switzerland approves $4.9M Armenia "Living Landscapes" project

April 15, 2021 - 16:02 AMT  12:02 GMT
Armenia’s mountain ecosystem is an important productive source for rural communities, a press release said.
Ameriabank launches placement of bond issues for $20m and AMD 5b

Ameriabank launches placement of bond issues for $20m and AMD 5b

April 14, 2021 - 18:04 AMT  14:04 GMT
Ameriabank is one of the market leaders by number and volume of issued bonds, the bank revealed.
Inecobank becomes first partner bank of GEFF in Armenia second phase

Inecobank becomes first partner bank of GEFF in Armenia second phase

April 14, 2021 - 17:22 AMT  13:22 GMT
During the second phase, Inecobank received $6m funds for financing green investment projects through its 26 branches.
Armenia's Central Bank says situation is

Armenia's Central Bank says situation is "manageable" as dram keeps falling

April 6, 2021 - 13:53 AMT  09:53 GMT
An official did admit, though, that the dollar continues to grow against the dram, which leads to an increase in prices.
Armenia nuclear plant repairs entering final stage – RusAtom chief

Armenia nuclear plant repairs entering final stage – RusAtom chief

April 1, 2021 - 18:23 AMT  14:23 GMT
Afterwards, the Nuclear Safety Committee of Armenia will make a decision to extend the service life of the plant until 2026.
World Bank predicts 3.4% GDP growth for Armenia in 2021

World Bank predicts 3.4% GDP growth for Armenia in 2021

March 31, 2021 - 19:08 AMT  15:08 GMT
The World Bank said the recovery will be slow; the economy is unlikely to return to pre-Covid output levels until 2023.
Ameriabank gets Quality Excellence Award from Raiffeisen Bank Int'l

Ameriabank gets Quality Excellence Award from Raiffeisen Bank Int'l

March 30, 2021 - 18:12 AMT  14:12 GMT
Ameriabank’s high quality standards and efficient partnership were emphasized at the award ceremony.
Armenia predicts 319% tourism growth for 2021

Armenia predicts 319% tourism growth for 2021

March 26, 2021 - 17:23 AMT  13:23 GMT
According to Vahan Kerobyan, a sharp decline in the travel industry was recorded last year, but now the situation has changed
Armenia to invest $208 million in Karabakh housing projects: Pashinyan

Armenia to invest $208 million in Karabakh housing projects: Pashinyan

March 26, 2021 - 16:59 AMT  12:59 GMT
Prime Minister Nikol Pashinyan said the funds will come from Hayastan All-Armenian Fund and the state budget.
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