The Armenian government has announced it has decided to use only 60 percent of a $270 million Russian loan designed to finance the ongoing modernization of its Soviet-era nuclear power plant at …
The Latest: Armenia Extends Emergency for Another Month
Authorities in Armenia have extended the state of emergency for another month until July 13, saying the coronavirus continues to remain a threat.
We got an exclusive look the pitch deck that SuperAnnotate used to raise $3 million to help AI ‘see’ objects
SuperAnnotate was founded by two Armenian brothers after the pair decided to showcase their tech at a startup event despite not having a company set up.
Armenia, Russia fail to agree on loan for nuclear plant upgrade
YEREVAN, June 11 (Reuters) – Armenia and Russia failed to agree terms on a loan to finance the upgrade of a nuclear plant in the South Caucasus country, Prime Minister Nikol Pashinyan said on Thursday …
Georgia to send doctors to Armenia to fight coronavirus
Georgia will send doctors to Armenia to help fight the coronavirus and will provide its neighbour with 10,000 diagnostic tests free of charge, Georgian officials said on Thursday.
Georgia sending doctors to Armenia to help fight Covid-19
As you know, the situation in our neighboring countries is quite tense, I am personally in daily contact with the Prime Minister of Armenia and other colleagues, the Minister of Health, the Minister …
FM: Armenia is mono-ethnic country that has expelled minorities
(MENAFN – AzerNews) By Akbar Mammadov Armenia is a mono-ethnic country that has expelled all non-Armenians, including Azerbaijanis, Azerbaijan’s Foreign Ministry said in a statement on June 10.
EBRD lends $25 mln to InecoBank to help Armenia’s COVID crisis
The European Bank for Reconstruction and Development (EBRD) said on Wednesday it had provided a $25 million loan to Armenia’s InecoBank so it can give financial support to companies affected by the …
Former Armenian Finance Minister Said to Have Accepted $22.4 Million Bribe
Armenia’s Prosecutor General’s Office today announced that Gagik Khachatryan, a former head of the State Revenue Committee (SRC) and former Minister of Finance, arrested last August on embezzlement …
World Bank Cuts 2020 GDP Forecasts for Georgia, Armenia, Azerbaijan
The World Bank has cut its 2020 economic growth forecasts for Armenia, Azerbaijan and Georgia due to the coronavirus pandemic, but it expects the three South Caucasus nations to recover next year.