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Tag: Armenia

Posted on January 9, 2025

Armenian government approves draft law to initiate EU accession process

On Thursday, January 9, the Armenian government approved the draft law titled “On the Start of the Process of Armenia’s Accession to the European Union,” the news agency NEWS.am reports. “The draft …
Posted on January 9, 2025

Armenia’s government backs bill on launching EU accession process

Armenian Prime Minister Nikol Pashinyan stressed that even if the bill is passed, the accession process can start only if the Armenian people support it in a referendum …
Posted on January 2, 2025

Deputy PM again rules out extraterritorial corridor through Armenia

Armenian Deputy Prime Minister Mher Grigoryan again ruled out the possibility of Armenia opening an extraterritorial land corridor for Azerbaijan. Speaking to reporters on Wednesday, he emphasized …

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Posted on January 2, 2025

Armenia recovers 5 billion AMD of illegally acquired property

Illegally acquired property worth 5 billion drams has been returned to Armenia in a short period of time, said Srbuhi Galyan, Minister of Justice of the country.
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Posted on December 30, 2024

Electricity prices for consumers in Armenia to remain unchanged in 2025

Electricity prices for consumers in Armenia will remain unchanged in 2025, according to a decision made on Monday by the Public Services Regulatory Commission (PSRC).

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Posted on December 28, 2024

Armenian government amends loan agreement with EDB on allocation of $200 million from ESDF for construction of Kajaran tunnel

On Friday, the Armenian government approved the proposal to sign an additional agreement No. 1 to the agreement between the Republic of Armenia and the Eurasian Development Bank (EDB) on the provision …
Posted on December 28, 2024

Armenia and Japan sign convention on avoidance of double taxation

Armenian Finance Minister Vahe Hovhannisyan and the Ambassador Extraordinary and Plenipotentiary of Japan to Armenia, Aoki Yutaka, signed the Convention on the Avoidance of Double Taxation of Income …
Posted on December 28, 2024

Yerevan Mulls Financial Support For Troubled Mining Project

Six years after helping to disrupt a large-scale gold mining project in Armenia, Prime Minister Nikol Pashinian’s government is considering giving a Canadian-based company loan guarantees to revive it …
Posted on December 28, 2024

Western Firm Set To Revive Key Mining Project In Armenia

A senior executive of a Canadian-based company said on Friday that it is close to securing $150 million in additional funding needed for starting much-delayed mining operations at Armenia’s massive …
Posted on December 26, 2024

Finance minister: Armenia’s public debt expected to reach 50% of GDP in 2024

Armenia’s public debt is expected to amount to approximately 50% of GDP by the end of 2024, with an economic growth rate of 5.5%. Speaking at a press conference on Wednesday, Finance Minister Vahe …

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