No bids at auction of Foreign Ministry premises

The auction of the premises of Armenian Foreign Ministry failed because there were no bids to match the starting price, meaning that Tango CJSC of Argentinean-Armenian businessman Eduardo Eurnekian remains the only buyer of the premises. 

On October 4, 2012, the Foreign Ministry premises were sold to Tango CJSC owned by Argentinean-Armenian businessman Eduardo Eurnekian, but the government later decided to auction them.

The starting price of the auction was set at $51,270,840.