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Tag: Armenia

Posted on June 8, 2025

Armenia’s Alaverdi still struggling with recovery one year after severe flooding

One year after severe flooding hit the town of Alaverdi in Armenia’s Lori Province, the scars of the disaster remain fresh.

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Posted on June 8, 2025

Turkey threatening India’s friend, not Armenia, Modi govt may hit back at Erdogan by…

Turkey is now threatening Greece India’s close ally. Turkish media is using Pakistan’s statements to intimidate Greece. Greece, like India, has also purchased 24 Rafale fighter jets from France.
Posted on June 8, 2025

Minister: Armenia saw rise in unemployment rate last year

Armenia’s unemployment rate increased by 1.5 percentage points in 2024 compared to the previous year, reaching 13.9%, Finance Mi …
Posted on June 8, 2025

Armenian Unemployment Up To 14% Despite GDP Growth

Unemployment in Armenia rose last year despite continued economic growth, Finance Minister Vahe Hovannisian said on Wednesday.
Posted on June 8, 2025

Finance Minister presents 2024 budget report for PM’s office

PanARMENIAN.Net – During joint sessions of Armenia’s parliamentary standing committees, discussions continued on the annual execution report of the 2024 state budget. Finance Minister Vahe …
Posted on June 7, 2025

Azerbaijan, BP sign agreements on solar power plant in Karabakh

Azerbaijan and BP signed agreements on building a 240 megawatt solar power plant in Karabakh, an Azerbaijani region retaken in 2023 from breakaway ethnic Armenian authorities.
Posted on June 7, 2025

Armenian authorities to allocate 13.8 billion drams from state budget for development of road and transport infrastructure

About 13.8 billion drams will be allocated from the state budget of Armenia for programs on reconstruction, repair and construction of roads and transport facilities, Minister of Territorial …
Posted on June 5, 2025

Top 500 property taxpayers contribute AMD 3.3 billion in 2024

PanARMENIAN.Net – Armenia’s Cadastre Committee reports that the 500 largest property taxpayers contributed AMD 3.324 billion in property taxes in 2024, a significant increase from AMD 1.662 billion in …

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Posted on June 3, 2025

Еx-Дeputy PM charged with laundering nearly $12.5 million

PanARMENIAN.Net – Former Armenian Deputy Prime Minister Armen Gevorgyan has been formally charged with money laundering involving approximately 4.92 billion drams (about $12.5 million). The …

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Posted on June 2, 2025

EBRD and EU jointly implement capital market support program in Armenia

Preparation and Coordination” was held on Thursday in Yerevan, becoming the first event as part of a program designed to support the capital market in Armenia.
…

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