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Tashir group says 3-dram electricity price cut in Armenia is possible, but regulator disagrees
Narek Karapetyan, the vice president of the Tashir Group of Companies, claimed in a social media post that the Electric Network of Armenia (ENA), which is owned by the group, has the ability to lower electricity prices for Armenian households by 3 drams.Armenia and Germany discuss prospects for developing trade and economic relations
A meeting of the Intergovernmental Commission on Financial and Technical Cooperation between Armenia and Germany was held yesterday in Berlin, co-chaired by RA Minister of Economy Gevorg Papoyan and State Secretary of the German Ministry of Economic Development and Cooperation Niels Annen.Armenia approves €5 million agreement with EC to strengthen nuclear safety and radiation protection
During a meeting on Thursday, the Armenian government sanctioned a proposal to enter into an agreement with the European Commission aimed at Enhancing Nuclear Safety and Radiation Protection in Armenia.Armenian regulator turns down ENA's application to cut electricity prices
On Wednesday, Armenia's Public Services Regulatory Commission (PSRC) addressed a statement from Electric Networks of Armenia (ENA) CJSC regarding the rejection of the company's application to lower electricity prices effective August 1, 2025.Armenian SRC uncovers 325 billion drams of shadow tax revenue in nine months
Eduard Hakobyan, the head of the State Revenue Committee (SRC), revealed that around 325 billion drams of concealed tax revenue were identified in Armenia during the first nine months of this year, marking a 97% increase compared to the same timeframe in 2024.Papoyan: Armenia asked Russia to extend the period of stay for foreigners in its territory
The Armenian government has formally approached the Russian government with a suggestion to raise the legal limit on the duration of stay for foreigners in the Russian Federation from 90 days (per calendar year) to 180 days, announced Minister of Economy Gevorg Papoyan during a parliamentary session on Tuesday.IMF: Armenia's GDP growth projected to reach 5% in 2025, with inflation expected to align with the Central Bank's target
The real GDP growth in Armenia is anticipated to hit 5% in 2025 and 5.5% in 2026, while inflation is expected to remain close to the target set by the Central Bank of Armenia by the end of 2025.Armenia has already purchased 192,000 tons of grapes this year, says Economy Minister
One of the key processes of the agricultural season in Armenia—grape procurement—is nearing completion. To date, 192,000 tons of grapes have already been purchased, Economy Minister Gevorg Papoyan announced on Facebook.The Mother See of Holy Etchmiadzin has announced repression and illegal criminal prosecution of clergy
The Mother See of Holy Etchmiadzin has announced the illegal criminal prosecution of clergy as yet another manifestation of the systematic anti-church campaign by the Armenian authorities.Armenia needs to shift from "subsidizing sustainability" to "investing in innovation," says Director of Management Consulting at Ameria
To foster economic growth in Armenia, a transition from "subsidizing sustainability" to "investing in innovation" is essential, according to Tigran Jrbashyan, Director of Management Consulting at Ameria and Head of the National Team for the Global Entrepreneurship Report.Construction of Dalan Technopark’s frame is approximately 80% complete
A major milestone has been reached in the construction of Armenia's first technology and business center, Dalan Technopark The two buildings were joined at the 15th floor, laying the foundation for the continued construction of the shared floors.Armenian government improves terms of subsidized grape purchases
At a meeting on Thursday, the Armenian government revised the terms of interest rate subsidies on loans provided for the purchase of grapes in 2025. The decision provides for budget guarantees for the remaining collateral for loans obtained by economic entities for these purposes.Armenia Charts Path Towards Green Economy
On Tuesday, a meeting chaired by Armenian Prime Minister Nikol Pashinyan looked into a draft framework strategy for the development of green, sustainable, and circular economy, along with the accompanying action plan, the government press service reported.News 1 - 20 of 3270
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