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February 04, 2025
Economy
“We'll wait and see": Central Bank chairman on possible impact of Trump's customs wars on inflation in Armenia
Today’s decision of Armenia’s Central Bank to cut the refinancing rate by 0.25 percentage points to 6.75% is comprehensive and does not focus on a single factor, the regulator's head Martin Galstyan said at a press conference, responding to a question of ARKA news agency on the possible impact of customs wars, particularly by the US, on inflation in Armenia.
04.02.2025, 16:07
Economy
Galstyan: Public transport fare increase in Yerevan may raise inflation by 0.1% maximum
The increase in public transport prices in Yerevan could raise inflation by 0.1%, and this is the maximum possible rise, said Martin Galstyan, the head of the Central Bank of Armenia.
04.02.2025, 15:01
Politics
Newly established Directorate General of the European Commission to oversee financial and technical support for Armenia
From 1 February 2025, the European Commission has a Directorate-General for Enlargement and Eastern Neighbourhood (DG ENEST) responsible for enlargement and accession negotiations with candidate and potential candidate countries to join the European Union.
04.02.2025, 14:50
Politics
Armenian MFA on cooperation with EU and EAEU: Leveraging every opportunity for progress
Armenia’s Deputy Foreign Minister Paruyr Hovhannisyan emphasized the need for a more creative approach when discussing the country’s simultaneous cooperation with both the European Union (EU) and the Eurasian Economic Union (EAEU).
04.02.2025, 12:59
Economy
Central Bank of Armenia lowers refinancing rate to 6.75%
At its meeting on February 4, the Board of the Central Bank of Armenia reduced the refinancing rate by 0.25 percentage points, setting it at 6.75%.
04.02.2025, 12:17
Economy
Armenian real estate market records slower price growth in December 2024 - Ministry of Finance
Prices in Armenia's real estate market continued to rise in December 2024, although the growth rate slowed compared to November. This is stated in the report "Review of Macroeconomic Developments: December 2024" by the Ministry of Finance of the Republic of Armenia.
04.02.2025, 11:42
Politics
Armenian PM: Defeat in 44-day war in Artsakh created "opportunity for an independent country"
Armenian Prime Minister Nikol Pashinyan thinks that the opportunity for Armenia to have an independent state was gained as a result of the defeat in the 44-day war in Artsakh (Nagorno-Karabakh) in 2020.
04.02.2025, 11:09
Politics
Armenia looks to expand bilateral ties with US - Pashinyan
The establishment of a strategic partnership, as outlined in the document (Charter) signed between Armenia and the United States, opens new opportunities for expanding bilateral ties.
04.02.2025, 10:02
Society
Armenian Minister and Czech Ambassador discuss Direct Yerevan-Prague flight
Yesterday, Armenian Minister of Territorial Administration and Infrastructure David Khudatyan received the Czech Ambassador to Armenia Petr Piruncik.
04.02.2025, 09:51
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Armenian Finance Ministry revealed today the reason behind a sharp decline in exports in 2024 December by 48.6%.
Armenian Finance Ministry reveals reason behind sharp decline in exports in December