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Tag: Armenia

Posted on February 8, 2025

Armenia recorded 12-month inflation of 1.7% in January, prices rose by 1.4% in a month

In January 2024, compared to January 2023, inflation in Armenia amounted to 1.7%, and over the month, prices increased by 1.4%.
Posted on February 7, 2025

Ameriabank secures €105 million loan from EIB Global to boost small and medium-sized businesses in Armenia

Ameriabank has partnered with the European Investment Bank (EIB Global) to secure €105 million in funding, marking the largest direct loan from EIB Global to a bank in the South Caucasus region. This …
Posted on February 7, 2025

Ameriabank secures €105 million loan from EIB Global to boost small and medium-sized businesses in Armenia

Ameriabank has partnered with the European Investment Bank (EIB Global) to secure €105 million in funding, marking the largest direct loan from EIB Global to a bank in the South Caucasus region. This …
Posted on February 7, 2025

Armenia economic activity index up 8% in 2024

The economic activity index in Armenia increased by 8 percent in 2024 compared to the previous year, the Ministry of Finance reports. The main growth was provided by industry—4.7 percent, …
Posted on February 7, 2025

About 5.2 thousand real estate purchase and sale transactions were made in Armenia, with the largest number of foreigners being Russian citizens

In December 2024, 5,909 purchase and sale transactions were concluded in Armenia’s real estate market, compared to 4,871 transactions in December 2023 and 5,185 in November 2024, according to data …

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Posted on February 7, 2025

Prime Minister: Armenia diversifies its foreign relations in all areas – from economics to security

Armenian Prime Minister Nikol Pashinyan announced that Armenia is diversifying its foreign relations in all areas.
Posted on February 6, 2025

Armenia – Country Partnership Framework for the Period FY25-FY29

Armenia, a landlocked country in the South Caucasus with a population of three million, has registered important achievements over the past two decades. Between 2000–2023, Armenia achieved robust …
Posted on February 3, 2025

European Investment Bank allocates 105 mln euros to Armenia’s Ameriabank to develop SMEs locally

“Ameriabank has signed a long-term loan agreement for $200 million with the International Finance Corporation. The funds will be allocated to finance initiatives to prevent climate change, and to …
Posted on February 1, 2025

Why Aliyev accused Tsarist Russia of resettling Armenians in Azerbaijan — opinion

The crash of the Azerbaijan Airlines plane near Aktau on December 25, 2024 was a serious test for Russian-Azerbaijani relations. One of the consequences of this event was the saturation of the …
Posted on February 1, 2025

Putin clears Goldman Sachs’ exit from Russia with sale to Armenia-based firm

Russian President Vladimir Putin approved Goldman Sachs Group Inc.’s exit from Russia on Jan. 31, allowing the U.S. firm to sell its business to the Armenia-based investment firm Balchug Capital.

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