Armenia’s economy will likely grow in the coming years more slowly than the Armenian government has predicted, according to the International Monetary Fund.
A German-Italian consortium inaugurated on Monday a thermal power plant built by it in Yerevan as part of a $270 million project approved by the Armenian government.
NATO member Turkey’s active involvement in last year’s war in Nagorno-Karabakh undermined Armenia’s trust in the U.S.-led alliance, Defense Minister Arshak Karapetian told a visiting NATO envoy on Thursday.
Prime Minister Nikol Pashinian sent his foreign minister to Tehran on Monday one day after publicly ruling out Armenia’s involvement in any anti-Iranian “plots” amid stern warnings issued by Iran to Azerbaijan.
Armenia’s Gross Domestic Product will shrink by 6.2 percent this year due to the continuing coronavirus crisis, the Central Bank said on Tuesday in a downward revision of its outlook for the domestic economy.
After yearlong negotiations with Moscow, the Armenian authorities appear to have agreed to drop criminal proceedings against Armenia’s national railway network managed by the Russia Railways (RZD) giant.
Citing “unprecedented” security threats emanating from neighboring Turkey, Armenia on Wednesday banned Turkish officers from inspecting Armenian military bases and verifying Yerevan’s compliance with an international arms control treaty.
Azerbaijan, Turkey To Hold Joint War Games
Putin ‘Very Concerned’ By Armenian-Azeri Clashes
Tensions on Armenia’s border with Azerbaijan appeared to have eased on Wednesday after three days of heavy fighting that left at least 15 soldiers dead.
Following a rare anti-Armenian protest in Tehran, Armenia has again tried to dispel neighboring Iran’s apparent concerns over its decision to open an embassy in Israel.
Azerbaijan violated a key European convention by pardoning, rewarding and glorifying an Azerbaijani army officer who hacked to death a sleeping Armenian colleague in Hungary in 2004, the European Court of Human Rights (ECHR) ruled on Tuesday.
Armenia’s economy will shrink by 3.5 percent this year due to the coronavirus pandemic, the European Bank for Reconstruction and Development (EBRD) said on Wednesday.
The World Bank has warned of the growing risk of a recession in Armenia while saying that the Armenian economy could still grow modestly this year despite the coronavirus pandemic.
Prime Minister Nikol Pashinian said that Armenia may have already passed its peak of COVID-19 infections as his government reported another relatively modest rise in new coronavirus cases on Wednesday.
The Armenian government has set its terms for a potential multimillion-dollar deal with an Abu Dhabi-based company that has offered to build two big solar power plants in Armenia.
A state-run Russian corporation, RusHydro, has sold Armenia’s second most important hydroelectric complex to the Tashir Group of Russian-Armenian billionaire Samvel Karapetian.
The foreign ministers of Armenia and Azerbaijan appear to have made no progress towards a resolution of the Nagorno-Karabakh during what the Azerbaijani side described as “tough” talks held in Slovakia’s capital Bratislava late on Wednesday.
After decades of lobbying by the Armenian community in the United States, the U.S. House of Representatives overwhelmingly passed on Tuesday evening a landmark resolution recognizing the 1915 genocide of Armenians in Ottoman Turkey.
The U.S. House of Representatives is scheduled to vote next week on a resolution calling for official U.S. recognition of the 1915 Armenian genocide in Ottoman Turkey.
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