The Armenian government has obtained more than $450 million in fresh loans from multilateral lending institutions over the past week, raising Armenia’s total foreign debt to over $4.5 billion.
Citing safety reasons, the Russian traffic police impounded two buses bound for Yerevan on Thursday two days after eight Armenians were killed and over 40 others wounded in an accident 200 kilometers south of Moscow.
A senior European Union official stressed on Wednesday the importance of a new accord planned by the EU and Armenia, confirming that it will contain many provisions of the Association Agreement which they nearly signed two years ago.
Armenia is ready to join a United Nations peacekeeping mission in Mali and thereby expand its participation in multinational military operations around the world, a senior Armenian Foreign Ministry official said on Monday.
The Armenian government’s tax revenue will fall short of its target set in the state budget for this year, First Deputy Finance Minister Pavel Safarian said on Friday.
Karen Andreasian, Armenia’s human rights ombudsman, claimed to be the target of a smear campaign by government-linked individuals on Thursday after trading bitter accusations with a parliament deputy representing the ruling Republican Party (HHK).
Armenia’s business environment has continued to improve over the past year, putting the South Caucasus country among “the top performers in Europe and Central Asia,” the World Bank said in an annual global report released on Wednesday.
Armenia’s Metsamor nuclear power station remains “absolutely safe” just as it nears the end of its 30-year design life span, the German chairman of a multinational watchdog monitoring its operations insisted on Tuesday.
The chief U.S. negotiator in the Nagorno-Karabakh peace process on Monday urged the presidents of Armenia and Azerbaijan to meet before the end of this year and defuse mounting tensions in the Karabakh conflict zone.
Armenia plans to increase its imports of natural gas from Iran beginning in 2017, a senior government official said on Tuesday.
Last week’s announcement that former Armenian Prime Minister Tigran Sargsian, who is currently serving as ambassador to the United States, will occupy a senior executive post in a Russian-led economic grouping of post-Soviet nations has elicited mixed reactions in Armenia.
A representative of the European Union on Friday urged Armenian officials “not to be afraid this time” and sign the framework agreement that they are going to negotiate with Brussels again.
Relations with neighboring Iran have vital importance for Armenia, President Serzh Sarkisian said as he received a high-ranking official of the Islamic Republic in Yerevan on Thursday.
Iran’s First Vice-President Eshaq Jahangiri arrived in Armenia’s capital Yerevan on Wednesday on an official visit expected to revive the Islamic Republic’s economic ties with its South Caucasus neighbor.
Nikolay Bordyuzha, the secretary general of the Russian-led Collective Security Treaty Organization (CSTO), condemned Azerbaijan at the weekend for shelling Armenian villages during the latest escalation of tensions in the Nagorno-Karabakh conflict.
A senior U.S. diplomat expressed serious concern on Friday at the latest deadly violations of the ceasefire regime in the Nagorno-Karabakh conflict, saying that they are complicating its peaceful resolution.
Armenian regulators on Thursday formally allowed Russia’s Inter RAO group to sell Armenia’s national electric utility owned by it to a Russian-Armenian tycoon who has pledged to overhaul the heavily indebted company.
Armenia criticized the Collective Security Treaty Organization (CSTO) for not overtly backing it in the Nagorno-Karabakh conflict as it hosted on Wednesday military exercises of six ex-Soviet republics making up the Russian-led military alliance.
The Chinese government will conduct a feasibility study before deciding whether to finance the construction of a railway connecting Armenia to neighboring Iran, Economy Minister Karen Chshmaritian said on Friday.
Economic growth in Armenia will fall short this year of a 4.1 percent target set by the government, Deputy Prime Minister Vache Gabrielian said on Tuesday, contradicting a more upbeat forecast made by Prime Minister Hovik Abrahamian.
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