Armenia Europe's most militarized country for fourth year in a rowDecember 1, 2016 - 17:47 AMT PanARMENIAN.Net - Armenia is the most militarized country in Europe for a fourth consecutive year, also topping the worldwide list with Israel and Singapore, a new report showed. The Global Militarization Index presents on an annual basis the relative weight and importance of a country's military apparatus in relation to its society as a whole. It compares, for example, military expenditures with a country's gross domestic product (GDP) and its health expenditure (as share of its GDP). The GMI 2016 covers 152 states and is based on the latest available figures (in most cases data for 2015). The index project is financially supported by Germany's Federal Ministry for Economic Cooperation and Development (BMZ). Despite the fact that no other country spends as much money on its military as the United States does (2015: US $595 billion), it is only on position 31 of the GMI. "In the context with the GDP or the overall population, the high military expenditures and the large number of military personnel in the United States are put in perspective as regards the ranking," the author Dr Max M. Mutschler said. This explains conversely, why for years small countries such as Armenia, Singapore or Cyprus are to be found in the world's top 10 in the GMI. Russia, Cyprus, Greece and Azerbaijan are also among the top 10 worldwide in the report. Related links: Top stories As a result of floods in Armenia’s northern Lori and Tavush provinces, 17 bridges, including five large ones, have collapsed. David Vardanyan is the son of former Karabakh leader Ruben Vardanyan who who is currently imprisoned in Azerbaijan. Prime Minister Nikol Pashinyan has met with Stephan Schütz, Executive Partner at Gerkan, Marg and Partners. The number of state universities will be reduced from 23 to 8 by 2030, Minister of Education, Science, Culture and Sport Zhanna Andreasyan has said. Partner news | Viva sees growing demand for cloud services In recent years, medical institutions are starting to make use of Viva’s cloud services Turkey replacing term "Central Asia" with "Turkestan" in textbooks The Turkish Ministry of Education is replacing the term "Central Asia" with "Turkestan" in textbooks. Armenian, German presidents meet in Berlin Armenian and German Presidents Vahagn Khachaturyan and Frank-Walter Steinmeier met in Berlin. Balance of attached cards in the Idram&IDBank app From now on, users will be able to view the online balances of cards issued by ArCa system banks and attached to the app. |