The European Union and two European development banks will provide 15 million euros ($19.5 million) in additional funding for the ongoing modernization of Yerevan’s underground metro system, it was announced on Tuesday.
Armenia’s export-oriented mining and metallurgical industry has continued to expand this year despite a major fall in international prices for non-ferrous metals, according to official statistics.
The Armenian National Congress (HAK) should stop “concentrating” on a possible electoral alliance with businessman Gagik Tsarukian and nominate its own presidential candidate instead, a senior member of the opposition alliance said on Tuesday.
Direct flights could be launched early next year from Yerevan to a city in southeastern Turkey that used to be mostly populated by Armenians, an Armenian business leader announced on Tuesday.
Armenian lawmakers are due to convene for a special session next week to discuss a raft of amendments to election laws after the largest opposition faction secured the support of more than a third of parliament members for its initiative Thursday.
Armenian Foreign Minister Edward Nalbandian has reiterated Yerevan’s position that negotiations with Azerbaijan over Karabakh should continue around a set of key principles proposed by international mediators in recent years that he implied have not been finalized yet because of Baku’s unconstructive approach.
Monuments commemorating victims of the 1915 Armenian Genocide have so far remained mostly unaffected by continuing hostilities in Syria, according to a local Armenian Church representative.
Armenia’s President Serzh Sarkisian on Wednesday congratulated U.S. President Barack Obama on winning reelection and expressed confidence that U.S.-Armenian relations will grow even closer during his second term. (UPDATED)
The ArmRosGazprom (ARG) national gas distribution company has become Armenia’s leading corporate taxpayer this year due to a more than 40 percent surge in its tax contributions to the state, according to the latest government data.
Armenia on Thursday condemned Azerbaijan’s renewed threats to forcibly halt planned commercial flights to Nagorno-Karabakh and warned of “adequate” retaliation against Baku.
The foreign ministers of Armenia and Azerbaijan will meet in Paris on Saturday for the first time since an international scandal sparked by the release from prison of an Azerbaijani army officer who hacked to death an Armenian colleague in Hungary.
The repeatedly postponed construction of a big hydroelectric plant on the Arax river marking Armenia’s border with Iran will finally start next month, the energy ministers of the two neighboring states said on Thursday.
In an annual global survey released on Tuesday, the World Bank reported a further, significant improvement of the business environment in Armenia, singling out the areas of tax administration and investor protection.
Armenia needs more than a decade to replace the aging nuclear plant at Metsamor by a new facility and will therefore keep it operating until 2026, ten years longer than planned, Energy and Natural Resources Minister Armen Movsisian said on Thursday.
“Chorrord Inknishkhanutyun” reproaches Armenian political parties for their slowness in announcing their presidential candidates appealing to the moral rather than legal aspect of the matter. The opposition daily argues that every additional day of political uncertainty only adds to the growing outmigration of the population.
Tensions between President Serzh Sarkisian and his former main coalition partner rose further on Monday when the Armenian parliament debated controversial criminal proceedings launched against former Foreign Minister Vartan Oskanian.
The European Union on Thursday formally allocated 43 million euros ($55.5 million) in fresh assistance to Armenia which is meant to speed up the country’s integration with the EU.
The Armenian government rejected on Thursday an opposition proposal to more than double the national minimum wage, saying that the measure would be too costly for both the public and private sectors.
A senior British government official praised what he described as a significant expansion of Armenia’s relations with the European Union and NATO as he visited Yerevan on Tuesday.
Armenia can continue to deepen relations with NATO while maintaining its military alliance with Russia, NATO Secretary General Anders Fogh Rasmussen said in Yerevan on Thursday.
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