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Economist comments on Pashinyan's statement about “43% economic growth after 2018”

Armenian Prime Minister Nikol Pashinyan's claim of a 43% economic growth following the 2018 “velvet” revolution has drawn criticism for being misleading and failing to accurately reflect the nation’s economic reality, according to economist Hrant Mikayelyan. YEREVAN, April 29. /ARKA/. Armenian Prime Minister Nikol Pashinyan's claim of a 43% economic growth following the 2018 “velvet” revolution has drawn criticism for being misleading and failing to accurately reflect the nation’s economic reality...

04/29/2025


In Armenia, untying of "Gordian knot" of robbery began in 2019, $4.2 billion returned to the budget - Prime Minister

... billion is currently under arrest following completed criminal investigations and court proceedings, and thus cannot be disposed of. "Thanks to the fight against looting, $4.2 billion has been added to the state budget. I promised that after the Velvet Revolution, Armenia would not be a place of vendettas, it would be a country governed by the rule of law, where stolen assets would be returned and the guilty would be held accountable," Pashinyan reminded. The Prime Minister emphasized, "We ...

04/15/2025


Pashinyan: Armenia's independence is a platform for ensuring the security and freedom of citizens on its internationally recognised territory

... "Yes" to the question posed in the 1991 referendum, and I must report with satisfaction that the level of independence of our country is growing day by day thanks to democracy, balancing and a balanced foreign policy. Since the People's, non-violent, velvet revolution of 2018, the benchmark of all our decisions has been and continues to be independence, statehood, democracy, the concretization and objectification of these concepts on the basis of international rules. In this process, we have made ...

09/21/2024


I Have Honor alliance leader: Armenia breaks ties with CSTO having no other security guarantees

... can be contained with political statements. “To contain them, you need military presence,” he said. The CSTO General Secretary Yuri Khachaturov, formerly Chief of the General Staff of Armenia’s Armed Forces, was arrested shortly after the 2018 Velvet Revolution and charged with “overthrowing the constitutional order" in connection with his actions as commander of the Yerevan garrison during the events of March 1-2, 2008, when opposition protests led by Levon Ter-Petrosyan were suppressed ...

06/14/2024


Armenia’s Prosecutor General demands confiscation of real estate in Yerevan, US from former Defence Minister Vigen Sargsyan

... 2004 and 2022. Vigen Sargsyan served as the Defence Minister of Armenia from October 2016 until May 2018 and as the Chief of Presidential Administration under President Serzh Sargsyan from October 2011 to October 2016. He left the office after the 2018 Velvet Revolution.

05/22/2024


GRECO calls for increased oversight and accountability in Armenia's highest executive authorities and police force

... Council of Europe's Group of States against Corruption (GRECO), in a report published on April 22, calls on Armenia to continue efforts to prevent corruption among top executives and the police. "GRECO notes the positive steps taken since the 2018 Velvet Revolution to intensify the fight against corruption, including through the establishment of a specialized institutional framework. GRECO also recognizes the existence of a comprehensive financial disclosure system. The Anti-Corruption Strategy ...

04/22/2024


Pashinyan: external security systems in which Armenia is involved are not effective

... demonstrating our vulnerability and justifying the impossibility of the Armenian people to have an independent state,’ Pashinyan said. He added,’ ‘Moreover, this policy has nothing to do with the government established by the popular non-violent velvet revolution that took place in Armenia in 2018. We have seen the manifestations of that policy regularly in recent decades. The 4-day war of 2016, border tensions in 2015, 2014, etc. were also an expression of that policy,’ Pashinyan said. According ...

09/24/2023


In Armenia, 43.4% of citizens believe that level of corruption decreased after 2018 – GALLUP

Some 43.4% of Armenian citizens believe that the level of corruption in the country has decreased after the ‘velvet revolution ‘of 2018 that brought to power Prime Minister Nikol Pashinyan, Aram Navasardian, head of the Armenian office of the GALLUP International Association, said at a Friday press conference. YEREVAN, March 10. /ARKA/. Some 43.4% of Armenian ...

03/10/2023


Armenian environmental NGOs and activists demand that government stop development of Amulsar gold project

... disappointment and dissatisfaction "in connection with the illegal, short-sighted, irresponsible, adventurous and risky' decision of the government to restart the Amulsar gold mining project that was disrupted by protesters shortly after the 2018 “velvet revolution.' YEREVAN, March 1. /ARKA/. Twenty-two Armenian NGOs and environmental activists expressed today in a statement their deep disappointment and dissatisfaction "in connection with the illegal, short-sighted, irresponsible, adventurous ...

03/01/2023


All problems are solvable- Kerobyan on economic benefits and environmental risks of Amulsar mine’s development

Armenian Economy Minister Vahan Kerobyan endorsed the government’s decision to restart the Amulsar gold mining project that was disrupted by protesters shortly after the 2018 “velvet revolution.” YEREVAN, March 1. /ARKA/. Armenian Economy Minister Vahan Kerobyan endorsed the government’s decision to restart the Amulsar gold mining project that was disrupted by protesters shortly after the 2018 “velvet revolution....

03/01/2023


Fresh criminal charges brought against ex-president’s chief bodyguard and his wife

... already a defendant in a number of criminal cases, including on charges of abuse of power, which resulted in grave consequences through negligence, tax evasion and illicit enrichment. Ghazaryan was first arrested in 2018, less than two months after the velvet revolution, on charges of illegal enrichment, false asset disclosure and tax evasion. A court in Yerevan freed Ghazaryan on bail a few months later, after he and his wife agreed to pay 2.9 billion drams ($6 million) to the state budget. In October ...

11/21/2022


Opposition MPs not allowed to attend democracy forum

...," said opposition MP Agness Khamoyan. According to another opposition MP Anna Grigoryan, "in the so-called Bastion of Democracy opposition deputies failed to meet with people who supported the processes that took place in Armenia in 2018 (velvet revolution) and in 2021 (early parliamentary elections)." "Opposition deputies could not meet with them, to declare the existence of political prisoners in the country and that MPs are subjected to beatings in broad daylight," she ...

05/20/2022


PACE resolution: Armenia made marked progress in democratic development since 2018

... its democratic development since 2018. ‘At the same time, in a short period of time, Armenia has faced a series of events which have each exerted a strong influence on the functioning of its institutions. First, a broad-based peaceful movement, the Velvet Revolution, led to a change in Armenia’s political leadership in May 2018. This was confirmed by a snap parliamentary election in December 2018, the organization and conduct of which were commended by international observers, including the Parliamentary ...

01/28/2022


Armenia’s ex-defense minister accused of embezzlement, will remain in custody pending trial

... armed forces with weapons and ammunition, had been detained on September 30, 2021 on charges of embezzling 2.28 billion drams (over $4.7 million). The next day a court allowed their arrest. Davit Tonoyan had been appointed defense minister after the velvet revolution in 2018 that brought to power Prime Minister Nikol Pashinyan and held the position until after 2020 year’s war in the Nagorno-Karabakh conflict. Davit Galstyan was earlier charged with breaching a $1 million contract by providing the ...

01/24/2022


Yerevan mayor accuses authorities of enriching themselves on the wave of velvet revolution

... lose his job after the ruling faction My Step in the city’s legislative assembly (Council of Elders) announced a vote of non-confidence in him because of his ‘ineffective management’, accused the authorities of enrichment on the wave of the 2018 velvet revolution that brought them to power. YEREVAN, December 22. /ARKA/. The embattled mayor of Armenia’s capital Yerevan Hayk Marutyan, who is set to lose his job after the ruling faction My Step in the city’s legislative assembly (Council of ...

12/22/2021


My Step bloc officially announces decision to impeach Yerevan mayor

... bloc said Marutyan will be replaced with one its deputies Hrachya Sargsyan, The statement issued after the meeting, accuses Marutyan of avoiding to share responsibility for crucial political events that have been taking place in the country after 2018 velvet revolution that was instrumental in electing him as mayor, as he was nominated by My Step bloc and the Civil Contract party of the prime minister. It also argues that Hayk Marutyan has failed to fulfill with sufficient efficiency the obligations ...

12/17/2021


Ruling party seeks impeachment of Yerevan mayor

... Step (54 members), Prosperous Armenia (5 members), and Luys (3 members). Kotolyan declined to give reasons for the dramatic move, saying that My Step will explain it later on. Marutyan, 45, is a former TV comedian who actively participated in the “velvet revolution” that brought Pashinyan to power in May 2018. According to Kotolyan, Armenia’s leadership is considering several potential candidates for the post of Yerevan mayor, including Marutyan’s deputy Hayk Sargsyan. The relationship between ...

12/16/2021


Survey reveals sharp drop in Nikol Pashinyan’s popularity

... situations minister Andranik Piloyan (3.1 points) and foreign minister Ararat Mirzoyan (3 points) enjoyed the highest ratings. Finance Minister Tigran Khachatryan got the lowest ranking (2.2 points). When asked about whether their expectations from the 2018 velvet revolution came true over the past three years, 46% of the respondents answered that they were not at all justified. 3.2% said their expectations were fully justified, 33.7% considered their expectations partially justified and 10.2% partially ...

12/09/2021


Court in Yerevan extends arrest of former Armenian defense minister for another 2 months

... supplied Armenia’s armed forces with weapons and ammunition were detained on September 30 on charges of embezzling 2.28 billion drams (over $4.7 million). The next day a court allowed their arrest. Davit Tonoyan was appointed defense minister after the velvet revolution in 2018 that brought to power Prime Minister Nikol Pashinyan and held the position until after last year’s war in the Nagorno-Karabakh conflict. Davit Galstyan was earlier charged with breaching a $1 million contract by providing the ...

11/29/2021


Former chief of Armenia’s security service accuses authorities of wiretapping his iPhone

... Armenian cybersecurity expert, said Wednesday that at least 2 persons in Armenia received warning emails from Apple that their smartphones may be targeted by government.. Vanetsyan was appointed head of the Armenian National Security Service after the velvet revolution in 2018 that brought to power Nikol, Pashinyan and was considered a key members of Pashinyan’s team. A year later, however, Pashinyan and Vanetsyan's relationship fell apart, after which the latter resigned and declared his disagreement ...

11/24/2021


Armenian human rights defender accuses secretary of Security Council of open manipulations

Armenia’s Human Rights Defender Arman Tatoyan lashed out today at the Secretar of the Security Council Armen Grigoryan, who accused him of political bias, saying the latter exceeds his powers and resorts to open manipulations. YEREVAN, November 3. /ARKA/. Armenia’s Human Rights Defender Arman Tatoyan lashed out today at the Secretary of the Security Council Armen Grigoryan, who accused him of political bias, saying the latter exceeds his powers and resorts to open manipulations. In an earlier interview...

11/03/2021


Armenian court sanctions arrests of former defense minister and weapon supplier

... company that supplied Armenia’s armed forces with weapons and ammunition Davit Galstayn. Both men were detained on September 30 on charges of embezzling 2.28 billion drams (over $4.7 million). Davit Tonoyan was appointed defense minister after the velvet revolution in 2018 that brought to power Prime Minister Nikol Pashinyan and held the position until after last year’s war in the Nagorno-Karabakh conflict. Davit Galstyan was earlier charged with breaching a $1 million contract by providing the ...

10/01/2021


Armenia’s former defense minister and weapons supplier detained on charges of embezzlement

... Tonoyan and the owner of a company that supplied Armenia’s armed forces with weapons and ammunition Davit Galstayn were detained on charges of embezzling 2.28 billion drams (over $4.7 million). Davit Tonoyan was appointed defense minister after the velvet revolution in 2018 that brought to power Prime Minister Nikol Pashinyan and held the position until after last year’s war in the Nagorno-Karabakh conflict. Davit Galstyan was earlier charged with breaching a $1 million contract by providing the ...

09/30/2021


Armenian court allows arrest of ex-prosecutor general

... Sasun Rafaelyan noted. He said his client strongly denies the accusations. Aghvan Hovsepyan served as prosecutor-general from 1998-1999 and 2004-2013. He served also as the first head of the Investigative Committee, created in 2014 until the 2018 “velvet revolution.” The Special Investigation Service (SIS) said, when serving as prosecutor general and then as head of the Investigative Committee Hovsepyan was involved in the illegal management of a number of LLCs. SIS said it has found out that ...

09/08/2021


Political analyst says another early election possible in Armenia in 12-18 months

... the previous one - one party controls almost 2/3 of the seats and has a majority. "But if you look at its composition, the current opposition parties are very different, because the previous opposition parties supported Pashinyan during the 2018 velvet revolution and one of them was in the coalition government. They were not fake parties, but they played an opposition and in fact, they were associated with the Pashinyan regime," Iskandaryan said. According to him, the new opposition is somewhat ...

07/12/2021


Kocharyan says new snap polls inevitable in 18 months

... worldview are the cause of these problems. They are embittered, and will continue the persecution of their opponents, and - I am sure - this will inevitably lead to new early elections. Extraordinary elections took place 2.5 years after the 2018 “velvet revolution” and since this government does not solve, but creates problems, my forecast is that we will most likely have new early elections in about 1.5 years,” Kocharyan said. “We have become a parliamentary opposition and have enough votes ...

06/30/2021


Authorities to carry out sweeping personnel replacement in government agencies

... 20 snap parliamentary elections), but a personnel replacement, and we will do it. On the whole, the state system must be strong and explicitly serve the political force or forces that win the elections,” he said. Grigoryan said that after the 2018 Velvet Revolution, some people in many government agencies would torpedo its efficient performance According to him, personnel changes are necessary for the effective management of the system. “We have the support of the voters and we will accomplish ...

06/29/2021


Pashinyan claims victory in snap polls

... decision, and it is clear that it was formed even during the pre-election campaign," he said. In a video address broadcast on Facebook, Pashinyan said his party was given a “steel mandate” to carry out a “steel revolution,” opposing it to the Velvet Revolution of 2018, which brought him to power. "Victory in the parliamentary election will restore social and national consolidation. The people of Armenia have carried out a second revolution in three years,” Pashinyan said. Pashinyan ...

06/21/2021


Armenians heading to polling stations for snap parliamentary elections

... seven districts held by Armenian troops for more than a quarter of a century. These are the second snap parliamentary elections in the history of the Republic of Armenia - the first time they were held in December 2018 - about six months after the April velvet revolution that brought opposition leader Nikol Pashinyan to power. At 09:00, the Central Election Commission (CEC) is to publish the first information about the elections, and from 12:00 to 21:00, it will be announcing information about the voter ...

06/20/2021


Pashinyan promises to "cut off the hand" that would try to oppose Syunik to rest of Armenia

... "These people are trying to oppose Syunik to the rest of Armenia," he said. During his speech, Pashinyan brandished a metal hammer tied with three-color ribbons - which in his view, symbolizes the "steel revolution," the follow-up to the 'velvet revolution' that brought him to power in 2018 May. After the leaders of Armenia, Russia and Azerbaijan signed a statement on the cessation of all hostilities in Artsakh on November 9, 2020, more than 190 settlements in Nagorno-Karabakh and adjacent ...

06/15/2021


Freedom House concerned about outbreak of violent and hateful rhetroic used by Armenian parties running in snap elections

... after the elections there would be vendettas against those heads of communities and enterprises who are making their employees participate in opposition's rallies. He said the staff purges would target those officials who took advantage of the 2018 velvet revolution to huddle in the corridors of the people’s power and play the role of Trojan horses during all this time. Ex-president Serzh Sargsyan in turn unveiled a 'smearing' audio recording against Pashinyan saying after listening to it all ...

06/10/2021


Pashinyan's Civil Contract not to form election alliance for snap polls

... didn’t manage much,” she said. The Civil Contract was established in 2013 as an NGO. In 2015, it became a political party. Civil Contract participated in the 2017 parliamentary elections as part of the Yelk (Wauy Our) alliance. Following the 2018 velvet revolution led by Nikol Pashinyan, Civil Contract made an alliance with smaller parties and gained the majority in parliament after 2018 December early polls. -0-

05/04/2021


Pashinyan denies ex-president's allegations about changed content of Karabakh talks

... Minister Nikol Pashinyan denied today ex-president Serzh Sargsyan's allegations made in a recent interview that the content of the negotiations on the Nagorno-Karabakh conflict changed in 2018 after Pashinyan came to power as a result of the so-called 'velvet revolution.' YEREVAN, May 3. /ARKA/. Armenia's acting Prime Minister Nikol Pashinyan denied today ex-president Serzh Sargsyan's allegations made in a recent interview that the content of the negotiations on the Nagorno-Karabakh conflict changed ...

05/03/2021


Aleksandr Iskandaryan on political parties' chances in June 20 snap parliamentary elections

... will place the focus on his supporters beyond the capital city, on people with little education, which is a correct strategy. “This can be seen from his rhetoric, and from what Pashinyan says. It is almost a U-turn from what he would say after the velvet revolution in 2018, when the focus was modernization, Europeanness, while the current motto is "that everything must be done to prevent the old ones (Robert Kocharyan, Serzh Sargsyan) from coming back to power and then we will give you everything ...

04/30/2021


Archbishop Khazhak Parsamyan: Armenians need a new dream and a new strategy

... parties began to form. It alienated us from our roots. The consequence of this was the Armenian Genocide. And we have lost at least 95% of the territory of Western Armenia, as well as the richest spiritual and national heritage. ARKA- And after the velvet revolution in Armenia, a certain part of society began persecuting the church. Don't you see it as an effort to undermine the foundations of not only spirituality, but also of our statehood, which is fraught with new losses? H. Parsamyan - Again,...

03/23/2021


Armenian health minister dismissed, appointed as head of prime minister's office

... signed a decree on Monday dismissing Health Minister Arsen Torosyan. On the same day, he was replaced with Anahit Avanesyan, who served as Deputy Minister of Health. Arsen Torosyan was appointed as Minister of Health May 12, 2018 in the aftermath of the velvet revolution.. On Monday Prime Minister Nikol Pashinyan appointed ex-Minister of Health Arsen Torosyan as head of the prime minister's staff. Torosyan replaced Eduard Aghajanyan was appointed to this post on May 10, 2018. -0-

01/19/2021


Tigran Ulikhanyan appointed as head of Armenia's State Oversight Service

... corrupt practices within the anti-corruption government agency. He was charged under part 1 of article 308 (abuse of official powers) of the Armenian Criminal Code. Sanasaryan, a former opposition and civic activist was actively involved in the 2018 velvet revolution. -0-

01/17/2021


Investigation into death of former chief of Armenian NSS terminated

... kitchen. Kutoyan had worked as an assistant to former president Serzh Sargsyan from 2011 until his appointment as director of the NSS in February 2016. He was dismissed by newly elected Prime Minister Nikol Pashinyan in May 2018 immediately after the “Velvet Revolution” that made Serzh Sargsyan step down. -0-

01/12/2021


Former ombudsman believes Armenian society to face new unrest (VIDEO)

Larisa Alaverdyan, director of the public organization Against Legal Arbitrariness and a former ombudswoman of Armenia, at the Special Opinion program on the YouTube channel of the Novosti-Armenia agency, announced the transformation of the Velvet Revolution “into a dictatorship and new threats to society amid protests”. YEREVAN, September 18. /ARKA/. Larisa Alaverdyan, director of the public organization Against Legal Arbitrariness and a former ombudswoman of Armenia, at the Special ...

09/18/2020


Ameria advisory company head calls on government to give up old economic development stereotypes

Tigran Jrbashyan, the head of Ameria advisory management company, told a televised discussion on economic developments that Armenia's economy is developing according to very old stereotypes that have not changed for over 20 years, even after the "Velvet Revolution". YEREVAN, August 31. /ARKA/. Tigran Jrbashyan, the head of Ameria advisory management company, told a televised discussion on economic developments that Armenia's economy is developing according to very old stereotypes that ...

08/31/2020


Budgetary allocations for social sphere of Armenia reach AMD 75.4 billion

The budgetary allocations for the social sphere of Armenia reached 75.4 billion drams, having increased by 18.1% over the two years (after the Velvet Revolution). According to the press service of the Armenian government, this was announced Wednesday at a discussion of the activities of the ministry of labor and social affairs for 2019. YEREVAN, June 18. /ARKA/. The budgetary allocations ...

06/18/2020


Prosperous Armenia Party leader reiterates that the charges brought against him are politically motivated

... Prosperous Armenia Party during parliamentary elections held in April 2017. He is also accused of conducting illegal economic activity. Speaking in parliament today, Tsarukyan claimed that the administration of Prime Minister Nikol Pashinyan failed the 'velvet revolution' and collapsed the economy. “They claim that Tsarukyan handed out bribes to buy votes and show a piece of paper. Is there any evidence? "he said. He claimed that the bulk of Armenian citizens are on his side, and the authorities ...

06/16/2020


Armenian State Revenue Committee has new head

... Revenue Committee (SRC) on June 5, 2020. Prior to this appointment, Hovhannisyan served as deputy head of the SRC. He has replaced Davit Ananyan who resigned on June 4. Ananian, 48, had been appointed as head of SRC in May 2018 shortly after the “Velvet Revolution.” -0--

06/06/2020


Pashinyan threatens to issue curfew order if citizens continue to ignore safety regulations

... main problem is non-compliance with anti-epidemiological rules. We are sure that compliance with the rules will lead to a reduction in the number of coronavirus infections," the prime minister said. At the same time, he noted that after the 2018 'velvet revolution', the atmosphere of fear disappeared in the country, but the 'atmosphere of law-abidingness' has not yet replaced it. He said that he had convened a meeting of the task force, set up to enforce the state of emergency, this morning and ...

06/02/2020


The number of jobs in Armenia after the 2018 April "velvet" revolution has grown by 16% or 88,000

The number of jobs in Armenia after the 2018 April "velvet" revolution have grown by 16% or 88,000, Karen Tamazyan, a senior official of the State Revenue Committee (SRC), told reporters on Wednesday. YEREVAN, March 4. /ARKA/. The number of jobs in Armenia after the 2018 April "velvet" revolution have grown by 16% or 88,000, Karen Tamazyan, a senior official of the State Revenue Committee (SRC), told reporters on Wednesday. He said the December 2019 data suggests that the...

03/04/2020


About 80% of business people in Armenia assess economic competition as high or very high

... people said they faced violations of economic competition, including abuse of the dominant position, misleading the public, non-competitive agreements, etc. According to the research, 63% of the violations occurred both before April 2018 and after the velvet revolution in May 2018. Some 49% of business people surveyed were able to protect their violated rights and 61% of them believe that until April 2018 public procurement system was corrupt. Some 21% noted that these phenomena still exist. Some 66% ...

02/25/2020


Armenian PM and president discuss constitutional court crisis and future projects

... Minister Nikol Pashinyan and the chairman of the Constitutional Court Hrayr Tovmasyan continues to mount. Tovmasyan is accused by the Armenian authorities of breaking laws and having close connections with the country’s former government toppled in 2018 Velvet Revolution. A resolution passed by the parliament dominated by Prime Minister Nikol Pashinyan’s My Step faction on October 4 demanded that Tovmasyan stepped down. The demand was denied by the Constitutional Court on October 15. This was followed ...

02/04/2020


Pashinyan: semi-presidential system is a system of irresponsible governance

... curtailed. He is elected for a term of seven years by the parliament. One and the same person can be elected president only once. The real power passed to the parliamentary majority and the government it formed. Pashinyan said that immediately after the 'velvet revolution' in 2018 May he was offered to quickly restore the semi-presidential system of government, 'because it places all leverages of power into the hands of the president', and if problems arise, the president could blame the prime minister ...

01/25/2020


Pashinyan urges Kutoyan's family to cooperate with the investigation

... suicide. Kutoyan had worked as an assistant to former president Serzh Sargsyan from 2011 until his appointment as director of the NSS in February 2016. He was dismissed by newly elected Prime Minister Nikol Pashinyan in May 2018 immediately after the “Velvet Revolution” that made Serzh Sargsyan step down. -0-

01/22/2020


Investigative Committee: Glock 34 pistol that Georgy Kutoyan allegedly used to commit a suicide, did not have a silencer

... suicide. Kutoyan had worked as an assistant to former president Serzh Sargsyan from 2011 until his appointment as director of the NSS in February 2016. He was dismissed by newly elected Prime Minister Nikol Pashinyan in May 2018 immediately after the “Velvet Revolution” that made Serzh Sargsyan step down. -0-

01/22/2020


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