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Economy
12:58 21/01/2015Haykakan Zhamanak: EBRD forecasts economic growth for Armenia at 0%The European Bank for Reconstruction and Development (EBRD) has downgraded its forecast of Armenia’s economic growth, Haykakan Zhamanak writes, adding that it has forecast a 0% growth for 2015.
11:03 21/01/2015Zhoghovurd: ProCredit Bank and Ameriabank to merge?ProCredit Bank and Ameriabank are negotiating a merger and it is expected that they will have merged by February 1, Zhoghovurd writes.
10:31 21/01/2015Zhamanak: Armenia not to participate in Davos meetingThe 45th Annual Meeting of the World Economic Forum is opening today in Davos, Switzerland. The meeting will convene under the theme “The New Global Context.” 2,500 delegates from business, politics,...
10:03 21/01/2015'Davos people – source of economic problems, not a solution''The Davos meeting is not looking for world crisis solutions but plotting more controls, ‘banksterism’ and power elite benefits,' saus en economic journalist.
17:54 16/01/2015Moody's expects Russia GDP to influence Armenia's credit ratingRussia's GDP will decrease by 5.5% in 2015 which in turn will negatively influence Armenian economy, experts from Moody's Investor's Service said in their report published Thursday.
09:51 16/01/2015‘Global War I: geopolitical battle where oil is key’'The oil price crash is the first battle of Global War I between the geopolitical interests of the West versus Russia and its allies.'
16:53 14/01/2015Energy Minister on possible increase of electricity and gas pricesElectricity producing companies, electric networks and companies supplying energy carriers suffer losses due to the depreciation of the national currency, Yervand Zakharyan, Armenia’s Minister of...
15:32 14/01/2015Armenian Energy Minister: 4,915.83 mln kWh electricity consumed in domestic market in 2014Armenia produced 7,750 mln kWh electricity in 2014, a 0.52 percent increase compared to 2013, Armenian Minister of Energy Yervand Zakharyan told reporters on Wednesday.
15:02 14/01/2015Armenian government will do everything possible to relaunch Nairit plant - MinisterWe are interested and will do everything possible to relaunch Nairit chemical plant, Yervand Zakharyan, Armenian Minister of Energy and Natural Resources, told reporters on Wednesday.
10:27 14/01/2015Haykakan Zhamanak: Several Armenian banks to mergeSeveral Armenian banks will merge in the near future, with the number of banks to be reduced from 21 to 14, Haykakan Zhamanak writes.
10:33 13/01/20152015: A year of borrowed time?Is this the year when national debt denial bites nations who have repeatedly failed to address their fiscal problems?
15:53 12/01/2015Makaryan: Armenia should not link its future development to Russia onlyArmenia should not link its future development to Russia’s economy only, chairman of the Republican Union of Employers of Armenia Gagik Makaryan told Panorama.am.
11:36 08/01/2015Is the US economy overstretched?The US economy is growing rapidly once again: 5 percent was recorded in recent months. But can it last?
13:35 07/01/2015Statistical Service: Consumer prices went up 3 percent in DecemberConsumer prices increased by 3 percent in Armenia in December 2014 as compared to November. According to Armenia’s National Statistical Service, prices for food products, alcoholic drinks and tobacco...
11:52 27/12/2014Hraparak: Central Bank head instructs bankers to resume providing loansAfter the recent currency boom, Armenia’s banks stopped providing loans, in particular those in the Armenian national currency, dram, Hraparak writes.
10:36 27/12/2014Zhamanak: Less transactions on Armenian realty marketTransactions on Armenia’s real estate market declined sharply in November and December, Edward Harutyunyan, director of Viva Realty, told Zhamanak.
17:47 26/12/2014No dollar transactions at Armenian stock exchangeNo U.S. dollar transactions were made at NASDAQ OMX Armenia stock exchange on Friday, December 26, according to the company’s official website.
17:39 26/12/2014Armenian Transport Minister discusses new procedures for taxi servicesArmenian Minister of Transport and Communication Gagik Beglaryan on Friday held a meeting with heads of taxi companies and drivers to discuss the new procedures established for taxi services.
15:57 26/12/2014Russia to provide Armenia with $270 million loanRussia will provide Armenia with a $270 million loan for extending the operation of the Armenian Nuclear Power Plant.
13:08 26/12/2014Growth in all economic sectors except construction in 2014GDP grew 3.9 percent in the nine months of 2014, up from 2.8 percent last year, Armenian Minister of Economy Karen Chshmaritian said at a year-end press conference on Monday.