The Armenian economy is recovering from the global recession faster than expected and should expand by around 4 percent this year, the International Monetary Fund (IMF) said on Wednesday.
The Armenian government is embarking on a sweeping overhaul of its tax collection body in an effort to improve tax administration in the country, a senior lawmaker said Friday.
Armenia’s leading business association and three local civic groups said on Wednesday that they will work together in maintaining continued contacts between Armenian and Turkish societies.
Hundreds of Armenian nationals remain stranded at airports across Europe because of the huge cloud of volcanic ash hanging over the continent, Armenia’s civil aviation authority said on Tuesday.
Prime Minister Sarkisian publicly embarrassed the head of his government’s tax collection agency on Thursday as he continued to decry widespread tax evasion among Armenia’s largest and most lucrative businesses.
Prime Minister Tigran Sarkisian said on Thursday that his government is stepping up its fight against tax fraud in Armenia and, in particular, large companies grossly underreporting their revenues.
The price of Russian natural gas supplied to Armenia will rise further in the coming years, Energy and Natural Resources Minister Armen Movsisian confirmed on Wednesday.
Samvel Babayan, a former military leader of Nagorno-Karabakh, warned on Tuesday of a growing threat of another Armenian-Azerbaijani war which he said may break out “at any moment.”
The ruling Republican Party of Armenia (HHK) did not explicitly deny Friday that one of its senior members has been censured for backing criticism of a government minister voiced by Gagik Tsarukian, the leader of the country’s second largest pro-government force.
A renewed depreciation of Armenia’s national currency, the dram, which began last month, has accelerated this week, despite the Central Bank’s apparently increased intervention in the local financial market.
Poland’s Prime Minister Donald Tusk commended Armenia on Friday for seeking to forge closer ties with the European Union under the bloc’s Eastern Partnership program which his country helped to launch last year.
Turkey is extremely unlikely to ratify its fence-mending protocols with Armenia at this juncture, a senior Turkish lawmaker and deputy chairman of the ruling Justice and Development Party (AKP) said on Thursday.
Ruben Hayrapetian, a government-linked wealthy entrepreneur, confirmed on Friday that he has become the owner of yet another company claimed by the embattled family of a fellow businessman supporting the Armenian opposition.
Foreign Minister Edward Nalbandian welcomed on Tuesday the reopening of Georgia’s main border crossing with Russia and confirmed reports that a Russian-Georgian agreement to that effect was reached under Armenian mediation.
A senior World Bank official on Friday downplayed Armenia’s renewed economic growth and said its government is still not doing to enough to tackle “oligopolies” which the Washington-based institution believes hamper the country’s development.
Hundreds of employees of Armenia’s State Revenue Committee (SRC) were evacuated on Thursday after a false bomb alert reported by the police.
The National Assembly began debating on Tuesday a government bill that would make it easier for Armenia to annul its normalization agreements with Turkey if Ankara continues to delay their ratification.
President Serzh Sarkisian praised Iran’s “pivotal” role in the region and reaffirmed Armenia’s intention to deepen its relations with the Islamic Republic as he met Iranian Foreign Minister Manouchehr Mottaki in Yerevan on Wednesday.
Defense Minister Seyran Ohanian warned Azerbaijan on Monday against attempting to win back Nagorno-Karabakh by force, saying that Armenian troops have significantly beefed up defense fortifications around the disputed territory and are prepared for another war.
Armenia continues to suffer from a grave lack of media freedom, with the government continuing to effectively control domestic broadcasters and more journalists subjected to physical attacks in the past year, a Yerevan-based watchdog said on Tuesday.
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