Russia will help Armenia to extend the life of the aging nuclear power plant at Metsamor with an intergovernmental loan to be disbursed soon, a senior Armenian official announced on Wednesday.
Defense Minister Seyran Ohanian on Tuesday declined to be drawn on Russia’s military intervention in the Nagorno-Karabakh conflict which a senior Russian military official has described as a real possibility.
Responding to complaints from small and medium-sized businesses, the Armenian government on Thursday considerably lowered the price of a new and more expensive type of cash registers which they have to install by the end of this year.
Prime Minister Tigran Sarkisian made clear on Wednesday that the Armenian government will not initiate a criminal investigation into what he considers a serious waste of scarce public funds allotted to unemployed people.
Citing recommendations made by a U.S. consulting firm, the Armenian government decided to fully liberalize the domestic civil aviation sector on Wednesday more than six months after the bankruptcy of the Armavia national airline.
Armenia will use most of the proceeds from the recent sale of its first-ever Eurobonds for repaying a $500 million Russian loan ten years ahead of schedule, the government announced on Thursday.
Prime Minister Tigran Sarkisian said late on Thursday that he has not changed his views about the customs union of Russia, Belarus and Kazakhstan after President Serzh Sarkisian’s surprise decision to make Armenia part of the Russian-led bloc.
The Armenian Ministry of Finance thinks that the government should increase its budgetary expenditures by over 10 percent and ensure a corresponding rise in its tax revenues next year, it emerged on Friday.
The head of a coalition of Armenian civic groups promoting European integration on Thursday dismissed as pointless the government’s desire to significantly water down a planned Association Agreement with the European Union.
Most of Armenia’s leading opposition forces have fielded no candidates for an upcoming parliamentary by-election, highlighting their inability to seriously challenge the ruling Republican Party (HHK) in single-mandate constituencies.
Prime Minister Tigran Sarkisian on Thursday accused unnamed social security officials of sabotaging an ongoing reform of Armenia’s national pension system that was launched after the disclosure of allegedly corrupt practices in the payment of various social benefits.
Yerevan Mayor Taron Markarian reversed his controversial decision to significantly raise the prices of public transport in the Armenian capital on Thursday, bowing to pressure from scores of mostly young activists who demonstrated against it for almost a week.
The owners of private companies operating Yerevan’s public transport system on Wednesday strongly defended the municipal government’s controversial decision to sharply raise fares in the capital, saying that it will save them from financial ruin.
Dozens of youth activists stopped public buses and minibuses in Yerevan for a third consecutive day on Monday, urging commuters to refuse to pay much higher fares set by municipal authorities.
The Armenian government has hired a U.S. consulting company to offer advice on its plans to open up Armenia’s aviation sector to more domestic and foreign airlines.
Authorities in Moldova disavowed on Friday a statement by one of the country’s officials accusing Armenia of committing genocide in Nagorno-Karabakh during the war with Azerbaijan.
The Armenian government claimed on Thursday to be making progress in tackling what President Serzh Sarkisian described last year as widespread bribery and nepotism in public procurements administered by various government agencies.
Azerbaijan cannot clinch “unilateral” Armenian concessions with its massive arms purchases and regular threats of a military solution to the Nagorno-Karabakh conflict, Defense Minister Seyran Ohanian said on Friday.
Official Yerevan remained reluctant on Thursday to clarify its plans regarding new Russian-led unions of former Soviet republics, with a senior Armenian diplomatic making seemingly contradictory statements on the matter.
Hundreds of apricot farmers in Armenia’s southern Armavir province demonstrated on Monday, blocking a local highway and demanding that the government help them sell their produce.
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