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Economy
17:48 07/05/2020Moody's reaffirms Ameriabank Ba3 rating with stable outlookMoody's global rating agency has reaffirmed Ameriabank’s Ba3 long-term local currency bank deposits rating with stable outlook.
20:24 06/05/2020The France-Armenia Chamber of Commerce concerned over illegal activities against Gurgen KhachatryanThe French Chamber of Commerce and Industry, which has been operating in 92 countries, including Armenia since 2011, has today expressed concern over the situation surrounding one of its partner...
15:34 06/05/2020Disney lost $1.4 billion due to coronavirus last quarterWalt Disney Co.'s latest financial results reveal just how badly the coronavirus pandemic has walloped the entertainment giant.
14:36 06/05/2020PM: Armenia saw 43.6% growth in state budget revenues in 1.5 yearsIn 2019, Armenia saw the highest economic growth in the region, accompanied by the development of various economic sectors and low inflation, Prime Minister Nikol Pashinyan said at the parliament on...
18:26 05/05/2020Armenian startup Flight Hunter has the potential of becoming aerial UberThe Armenian startup Flight Hunter accepts bookings for organizing charter flights to Yerevan from around the world.
15:30 05/05/2020Ryanair passengers down by 99.6% in April, Wizz Air down by 97.6%Europe’s biggest budget airline Ryanair (RYA.I) posted a 99.6% fall in passenger numbers in April, while smaller low cost carrier Wizz Air (WIZZ.L) said numbers plunged 97.6%, as the novel...
14:44 05/05/2020Tax revenues, duties paid to Artsakh state budget exceeded by 5%According to preliminary data, the tax revenues and duties paid to the state budget of Artsakh amounted to 16 billion 63 million 300 thousand drams in January-April 2020, exceeding the target of 15...
20:00 02/05/2020Diamond production on the rise in ArmeniaThe volumes of diamond production have significantly grown in Armenia, according to the data release by the country's National Statistical Service (NSS).
15:25 02/05/2020Apple is developing a new FaceID feature to work with masksWith masks becoming a commonplace tool to stop the spread of the novel coronavirus, some iPhone owners are finding their once-useful Face ID function mostly useless.
14:05 01/05/2020European Business Association 'concerned' over persecution of Galaxy Group of Companies, its co-founder Gurgen KhachatryanThe European Business Association has expressed concern over the persecution of Galaxy Group of Companies and its co-founder Gurgen Khachatryan.
12:48 01/05/2020Eurozone economy shrinks at record rate due to coronavirus lockdownThe eurozone economy shrank at the sharpest pace on record in the first quarter as the Covid-19 pandemic forced countries into lockdown, BBC News reports.
15:32 30/04/2020Socially vulnerable population to be involved in 200 million drams worth tree planting project in ArmeniaAt a meeting on Thursday, the Armenian government approved the 15th measure to counter the economic impact of the coronavirus crisis.
18:44 29/04/2020PM: Capital expenditure efficiency is the key to curbing the crisisPrime Minister Nikol Pashinyan chaired a consultation, which discussed progress in infrastructure and house-building-related capital programs.
16:46 29/04/2020Parliament approves bill on making amendment in Law on the State Budget for 2020The National Assembly of Armenia adopted in the second reading the draft law on Making Amendment and Addenda to the RA Law on the RA State Budget for 2020.
20:00 28/04/2020CBA: Refinancing rate cut by 0.25 pp to 5.0%At the April 28, 2020 meeting, the Central Bank of Armenia (CBA) Board decided to cut the refinancing rate by 0.25 percentage points, setting it at 5.0%, the Bank said in a released statement.
16:30 28/04/2020People protest outside Armenian government after gas, electricity supplies cut offA group of citizens staged a protest outside the Armenian government building on Tuesday, complaining that their electricity and natural gas supplies were cut off after they failed to pay the utility...
15:21 28/04/2020Over 30m workers in Europe turn to state for wage supportMore than 30m workers in Europe’s five biggest economies have applied to have their wages paid by the state via short-term leave schemes designed to stop unemployment skyrocketing in the coronavirus...
14:25 28/04/2020Armenian PM urges citizens to pay utility bills to avoid ‘systemic collapse’Armenian Prime Minister Nikol Pashinyan called on citizens to pay their electricity and gas bills, waning it could cause a systemic collapse in the county.
12:21 28/04/2020Minister: Armenia’s state budget to suffer deficit of 324 billion drams amid coronavirus crisisThe economy is facing an unprecedented challenge due to the coronavirus pandemic, Armenian Minister of Finance Atom Janjughazyan told a sitting of the National Assembly Standing Committee on...
18:22 27/04/2020EBRD to continue collaborating closely with the Armenian government to advance the ongoing programsThe European Bank for Reconstruction and Development (EBRD) welcomes the broadband anti-crisis action plan by the government and supports the steps and programs of the Armenian side, the EBRD...