The Central Bank of Armenia expects the country’s economic growth this year to make only a tenth of the government target, a recent report shows.
A new body fighting corruption will be set up in Armenia, it emerged at a government meeting on Thursday. The Anti-Corruption Council will be headed by the prime minister and will include several government members as well as civil society representatives.
International mediators from the Organization for Security and Cooperation in Europe continued their efforts to promote a peaceful solution to the protracted conflict around Nagorno-Karabakh as they paid fresh visits to Azerbaijan and Armenia this week.
Scores of police officers engaged in providing security for an embattled opposition leader and his property have been dismissed from work in recent days in what authorities claim is just an “ongoing reform”.
Armenian Prime Minister Hovik Abrahamian has ordered his government to “verify reports” alleging that embattled opposition leader Gagik Tsarukian has hidden huge amounts of money in unpaid taxes following a move by the head of state to effectively “oust” the tycoon from politics.
The leaders of three leading Armenian opposition parties announced no joint moves on Friday after discussing their possible response to a harsh government campaign unleashed against one of them, Gagik Tsarukian.
The leader of a radical Armenian opposition group said on Wednesday that he and his associates will again try to stage a rally in Nagorno-Karabakh despite being forcibly barred from entering the territory on January 31.
The Russian soldier accused of killing the seven members of an Armenian family in Gyumri had no history of mental retardation when he began his military service last year, a Russian military official who drafted him insisted on Friday.
The head of the Russian-led Collective Security Treaty Organization (CSTO) has expressed serious concern at the latest escalation of fighting in the Nagorno-Karabakh conflict zone during his latest visit to Yerevan.
Armenia’s parliament has decided to send a fact-finding mission to Nagorno-Karabakh that will investigate local authorities’ violent response to members of an Armenian opposition group attempting to rally supporters in Karabakh.
Armenia’s leading opposition parties have condemned authorities in Nagorno-Karabakh for forcibly preventing dozens of members of a smaller Armenian opposition group from entering the territory as part of its campaign for “regime change” in Yerevan.
The Armenian government announced on Friday plans to sell more Eurobonds in international debt markets this year in order to finance its budget deficit and reduce fallout from an economic recession in Russia.
The Armenian members of the Council of Europe’s Parliamentary Assembly (PACE) have pointedly declined to vote against a resolution accusing Russia of military aggression against Ukraine.
The Armenian police said on Wednesday that they are trying to identify and prosecute the “organizers” of violent protests in Gyumri that followed the January 12 massacre of a local family blamed on a Russian soldier.
Iranian Foreign Minister Mohammad Javad Zarif spoke of further progress made towards the construction of a railway connecting his country to Armenia and the implementation of more Armenian-Iranian energy projects as he visited Yerevan on Tuesday.
In an effort to attract more foreign investment, the Armenian government unveiled on Thursday a bill that would all but exempt large-scale exporters from the country’s 20 percent corporate profit tax.
Russia’s deepening economic troubles could drag Armenia into recession this year, a prominent Armenian opposition figure said on Wednesday, dismissing government forecasts of continued growth.
Utility regulators will likely sanction another increase in the prices of electricity in Armenia because of continuing losses incurred by the Russian-owned national power distribution company, Energy Minister Yervand Zakharian said on Wednesday.
The Armenian government said on Wednesday that it is close to completing the sale of the country’s largest hydroelectric complex to a U.S. energy company, which was controversial delayed last year.
Armenia will risk political turmoil and even “bloodshed” if President Serzh Sarkisian fails to drum up greater support for a radical constitutional reform, the Armenian Revolutionary Federation (Dashnaktsutyun) warned on Tuesday.
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