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Lack of data transparency and frequent legislative changes are among the main challenges facing SMEs – Union of Banks of Armenia
nsufficient transparency of company operations, limited data availability, and frequent legislative changes remain key obstacles to the development of small and medium-sized businesses in Armenia. Daniel Azatyan, Chairman of the Union of Banks of Armenia, told reporters on the sidelines of the conference "SMEs: Impact and Development Challenges."EBRD aims to help Armenia achieve more sustainable development
The next phase of the EBRD's cooperation with Armenia will be aimed at deepening its impact and supporting the country not only in achieving growth but also in achieving more sustainable, inclusive, and stable development. Elisabetta Falcetti, the bank's Executive Director for Turkey and the Caucasus, stated this in an interview with ARKA news agency.EBRD considers infrastructure and energy security among the key factors for Armenia's economic resilience
Armenia's economic resilience rests on several key factors, said Elisabetta Falcetti, the bank's Executive Director for Turkey and the Caucasus, in an interview with ARKA news agency.Armenia does not seek a "divorce" from Russia: NA Speaker on choosing between the EAEU and the EU
Armenia does not intend to transform its relations with Russia into a "marriage and divorce" scenario, stated RA National Assembly Speaker Alen Simonyan, commenting on the debate about choosing between the EAEU and the EU.Galstyan: Dialogue between businesses and banks is crucial to increasing the share of SMEs in Armenia's GDP to 40%
To increase the share of small and medium-sized businesses in Armenia's GDP to 40%, not only interest rates are important, but also the development of dialogue between banks and entrepreneurs, stated Martin Galstyan, Chairman of the Central Bank of Armenia.EBRD sees Armenia as a resilient economy and a strategic partner for regional transformation – Falcetti
Elisabetta Falcetti, EBRD Managing Director for Turkey and the Caucasus, spoke with ARKA news agency about the bank's assessment of Armenia's economic potential, its role in the region, and prospects for further partnership.Russian Foreign Ministry warned Armenia of risks of launching "Trump Route" in light of the US-Iran conflict
The prospects for launching the "Trump Route for International Peace and Prosperity" (TRIPP) project are bleak given the Iran-US conflict, Mikhail Kalugin, Director of the Fourth Department of the CIS Countries at the Russian Foreign Ministry, told TASS in an interview.Moscow does not believe that Russian management of the South Caucasus Railway limits Armenia's competitive advantages
Moscow disagrees with the assertion that Russian management of Armenian railways limits Armenia's competitive advantages, Mikhail Kalugin, Director of the Fourth Department of the CIS Countries at the Russian Foreign Ministry, told TASS.Ministry of Economy clarified new requirements for selling goods from Armenia on Wildberries
A certificate of origin will now be required for goods produced in Armenia and other EAEU countries sold through the Wildberries e-commerce platform, the press service of the RA Ministry of Economy reported.Russia has offered Armenia a high-capacity nuclear power plant project that could meet its energy needs "for a century to come": Russian Foreign Ministry
Russia has offered Armenia a high-capacity nuclear power plant project that could meet the republic's energy needs "for a century to come," Mikhail Kalugin, Director of the Fourth Department of the CIS Countries at the Russian Foreign Ministry, told TASS in an interview.Russian Foreign Ministry announced possible changes in relations with Armenia due to its "European path"
Mikhail Kalugin, Director of the Fourth Department of the CIS Countries at the Russian Foreign Ministry, stated that Yerevan's "so-called European path" could lead to systemic changes in relations with Moscow.ARKA News Agency Awarded Gold Medal and Certificate of Honor by the Union of Industrialists and Entrepreneurs of Armenia
ARKA News Agency has been awarded a gold medal and a certificate of honor by the Union of Industrialists and Entrepreneurs of Armenia (UIEA) for its consistent and in-depth coverage of domestic and international economic affairs, as well as in honor of its 30th anniversary, announced UIEA Chairman Arsen Ghazaryan.Armenian Prime Minister Comments on Russian President's Remarks on Compatibility of Participation in the EAEU and EU
Armenian Prime Minister Nikol Pashinyan commented on Russian President Vladimir Putin's recent statement that Armenia should decide as soon as possible whether to join the EU or the Eurasian Economic Union (EAEU) "for an intelligent divorce."News 1 - 20 of 55000
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