Armenia needs a new “model of development” in order to successfully address its socioeconomic problems, Deputy Prime Minister Vache Gabrielian said on Tuesday.
Armenia needs “deep and comprehensive” reforms and the European Union is ready to assist in their implementation, the head of the EU Delegation in Yerevan, Piotr Switalski, said on Friday.
Prime Minister Karen Karapetian on Thursday ordered Armenian tax authorities to tackle possible tax evasion among large and lucrative companies which he said are widely seen as being in a “privileged” position.
President Serzh Sarkisian formally appointed Karen Karapetian, a business executive and former Yerevan mayor, as Armenia’s prime minister on Tuesday.
Armenia and Georgia should try to deepen their trilateral economic cooperation with Iran after the recent lifting of international sanctions against the Islamic Republic, former Georgian Foreign Minister Maia Panjikidze said on Monday.
President Serzh Sarkisian’s Republican Party (HHK) nominated Karen Karapetian, a former Yerevan mayor, for the post of Armenia’s prime minister late on Thursday.
Former President Robert Kocharian has launched a fresh scathing attack on Armenia’s current leadership, saying that it is deeply unpopular at home and ready to make “disproportionate” concessions to Azerbaijan.
Armenia will repay within one year a newly disclosed debt to Russia’s Gazprom gas monopoly that has been incurred by a state-owned thermal power plant in Yerevan, Energy Minister Levon Yolian said on Wednesday.
A state-owned thermal power plant in Yerevan owes tens of millions of dollars to Armenia’s national gas distribution network belonging to Russia’s Gazprom monopoly, it was confirmed on Tuesday.
A Russian man detained in Armenia late last week is facing extradition to the United States where he is wanted on charges of money laundering and illegal arms trade which he strongly denies.
Armenia’s government is working at an “accelerated pace” on the establishment of an Armenian-Iranian free economic zone in the country’s southernmost Meghri region, Economy Minister Artsvik Minasyan told media on Thursday.
An Armenian military unit has participated in a drill of the Russian-led defense pact during which conventional NATO peacekeepers “invading” a former Soviet country were urged to “lay down arms and surrender”.
Armenia deems it will be impossible to talk about a compromise solution to the protracted Nagorno-Karabakh conflict with Azerbaijan unless official Baku acknowledges the need for concessions.
Nagorno-Karabakh’s Armenian-backed army has received more modern surveillance and reconnaissance equipment after last April’s heavy fighting with Azerbaijani forces, according to its top commander.
Russia has begun supplying Armenia with new weapons in line with multimillion-dollar defense contracts signed by the two allied states, Defense Minister Seyran Ohanian said on Tuesday.
President Serzh Sarkisian and his Republican Party of Armenia (HHK) plan to form a “broad-based” coalition government after parliamentary elections expected in April, according to a senior HHK representative.
Armenia and the European Union have made further progress in ongoing negotiations on a new agreement to deepen their political and economic ties, a senior Armenian government official said on Tuesday.
The Armenian authorities are still trying to peacefully end a standoff with armed loyalists of a jailed opposition leader holding four hostages at a police station in Yerevan seized by them, Prime Minister Hovik Abrahamian said on Thursday.
The Armenian authorities on Sunday warned gunmen that seized a police station in Yerevan to surrender themselves and rejected their demands to free the leader of their radical opposition group arrested last month.
Prime Minister Hovik Abrahamian accused on Thursday a Spanish construction company engaged in multimillion-dollar roadworks in Armenia of mismanagement and possible fraud.
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