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December 20, 2024
Society
Yerevan Municipality proposes to maintain fares for single trips on buses and metro until February 1
The Yerevan Municipality proposed to maintain the cost of one trip on buses and the metro at current 100 drams, on trolleybuses - at 50 drams until February 1, 2025, the press secretary of the Municipality Hayk Kostanyan revealed in a Facebook post, recalling the complete transition to a single ticket system in public transport from January 1.
20.12.2024, 19:21
Business
Air transportation between Armenia and Russia increased by 12% in 2024 - Mher Grigoryan
The passenger and cargo transportation between Armenia and Russia by air increased by 12% in 2024 compared to the previous year, said Armenian Deputy Prime Minister Mher Grigoryan.
20.12.2024, 18:48
Economy
Trade turnover between Russia and Armenia doubles to $10.2 billion - Overchuk
Trade turnover between Russia and Armenia in the first 10 months of 2024 reached $10.2 billion, which is twice as much as in the whole of 2023, Russian Deputy Prime Minister Alexei Overchuk said at a meeting of the Russian-Armenian intergovernmental commission on economic cooperation in Moscow, Russian news agency Tass reported.
20.12.2024, 18:36
Economy
World Bank names main factor for slowdown in Armenia's economic activity growth in October
Economic activity growth in Armenia slowed to 4.2% (year-on-year) in October from 7% in September, led by the services sector (excluding trade), which slowed from 11.6% (year-on-year) in September to 5.2% in October, mainly due to slowdown in hotel services, according to World Bank's 'Armenia Monthly Economic Update – December 2024.'
20.12.2024, 17:18
Business
Accor Group Partners with Technotun to Bring Pullman to Armenia for the First Time
Accor, a world-leading hospitality group, has signed an agreement with Technotun, a major real estate operator in Armenia, to bring the pioneering Pullman brand to the nation’s capital city.
20.12.2024, 16:52
Society
Two Gyumri residents detained while trying to pay with counterfeit banknote: one was posing as a woman
In Gyumri, the second largest city in Armenia, police officers detained two local residents who tried to pay for a taxi with counterfeit banknotes.
20.12.2024, 15:53
Society
Yerevan's public transport revolution: What passengers can expect in 2025
Next week, public transport ticket sales points will open in Yerevan, Yerevan Municipality Press Secretary Hayk Kostanyan said in an interview with Novosti-Armenia news agency on Friday.
20.12.2024, 15:05
Economy
Armenian delegation leaves for Moscow for economic cooperation talks with Russia
The Armenian delegation will participate in the 23rd session of the intergovernmental commission on economic cooperation between Armenia and Russia in Moscow.
20.12.2024, 13:01
Business
Illegal alcohol and cigarette trafficking uncovered in Armenia (VIDEO)
The State Revenue Committee (SRC) of Armenia has uncovered cases of illegal circulation of beverages and tobacco products, the press service of the agency reported.
20.12.2024, 12:55
Business
Zangezur Copper and Molybdenum Combine may offer Armenian government's stake in IPO - Pashinyan
The Armenian government's stake in the Zangezur Copper and Molybdenum Combine (ZCMC) may be put up for an IPO, Armenian Prime Minister Nikol Pashinyan said at a government meeting on Thursday.
20.12.2024, 12:47
Politics
Armenian-Azerbaijani settlement issue remains crucial for Washington - State Department
In response to a question about whether the United States is disappointed that its efforts have not led to the normalization of Armenian-Azerbaijani relations, U.S. State Department spokesman Vedant Patel said that the current administration will continue working on this issue until its final day.
20.12.2024, 12:15
Politics
Armenia-Greece and Armenia-Greece-Cyprus defense cooperation programs for 2025 signed in Athens
Bilateral consultations between Armenia and Greece, as well as trilateral consultations involving Armenia, Greece, and Cyprus on defense issues, took place yesterday in Athens, according to the press service of the Armenian Defense Ministry.
20.12.2024, 10:31
Society
Epidemiologist evaluates the risk of a “mild covid” epidemic in Armenia
The “mild COVID epidemic” that recently began in Russia does not pose any threat to Armenia and will not have catastrophic consequences, said Aida Hovhannisyan, an epidemiologist at the National Center for Disease Control and Prevention of the Ministry of Health, in an interview with Novosti-Armenia news agency.
20.12.2024, 10:23
Politics
In case of signing peace treaty with Azerbaijan, the idea of withdrawal of mutual lawsuits is acceptable to Armenia - Pashinyan
“We continue to be constructively engaged in the discussions around the peace treaty with Azerbaijan, and we have conveyed proposals on the two outstanding articles of the peace treaty to Azerbaijan for more than a month now, and we haven’t yet had a response,” Armenian PM Nikol Pashinyan said Thursday in an interview with Armenpress news agency.
20.12.2024, 10:21
Politics
Armenia agrees with Turkey on assessment of requirements for crossing the border on Gyumri-Kars railway - Mirzoyan
Driven by the firm belief that regional dialogue is key to establishing mutually beneficial collaboration, the Government of Armenia has introduced the "Crossroads of Peace" initiative, Armenian Foreign Minister Ararat Mirzoyan said in a speech at the 49th Meeting of the Black Sea Economic Cooperation organization’s Council of Ministers of Foreign Affairs. (BSEC CMFA) Thursday.
20.12.2024, 10:08
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Popular
Reforms aimed at diversifying exports, improving the business environment, strengthening governance, and advancing climate policy implementation are crucial for boosting economic resilience and increasing potential growth, said IMF Deputy Managing Director and Acting Chairman Bo Li.
IMF outlines measures to boost Armenia's economic resilience and growth
