Finance Minister Tigran Khachatrian was appointed as Armenia’s deputy prime minister on Monday one week after his predecessor Hambardzum Matevosian resigned following the reelection of a state university chief at odds with the government.
The Armenian government approved on Thursday temporary tax breaks for domestic tech companies hit hard by a significant strengthening of the national currency.
Public utility regulators on Tuesday approved a nearly 5 percent increase in the price of drinking water requested by a French company managing Armenia’s water distribution network.
Russia has reportedly agreed not to raise the concessionary price of its natural gas supplied to Armenia for the next decade in return for a $350 million compensation promised by the Armenian government.
Water tariffs in Armenia are likely to be further raised next year after a regulatory body has presented its proposal largely in line with a corresponding bid submitted by the water supply network’s French operator.
The head of Armenia’s leading media watchdog has criticized a senior pro-government lawmaker for his threats to journalists ostensibly asking annoying questions to officials that they will be sent for combat duty at the tense border with Azerbaijan.
Armenia’s economy is on course to grow by at least 11 percent this year on the back of soaring trade with and remittances from Russia, Finance Minister Tigran Khachatrian said on Monday.
The Armenian police have drafted a controversial bill that would allow foreigners investing at least $150,000 in Armenia to become its citizens.
A vocal critic of the Armenian government who has campaigned for Prime Minister Nikol Pashinian’s removal from power was beaten up outside his Yerevan home on Tuesday.
Avoiding another confrontation with angry parents of fallen soldiers, Prime Minister Nikol Pashinian and other senior officials did not visit Armenia’s main military cemetery on Tuesday to mark the second anniversary of the devastating war in Nagorno-Karabakh.
At least 22 people were detained in Yerevan on Wednesday evening as riot police broke up a demonstration against Russia’s invasion of Ukraine organized by a group of Russian expatriates living in Armenia.
The Armenian government approved on Wednesday a roughly 7 percent increase in pensions and other benefits which is designed to mitigate the impact of higher-than-projected inflation in the country.
Authorities in Yerevan want to have more instruments to clamp down on street trade in the Armenian capital that continues to thrive despite a formal ban.
Inflation in Armenia continued to rise in June, reaching an annual rate of 10.3 percent, government data shows.
Armenia’s outgoing Prosecutor-General Artur Davtian has called on the government to consider regulating content posted online, saying that Armenian-language Internet platforms are increasingly used for hate speech, drug trade and other illegal purposes.
Opposition leaders accused the European Union of turning a blind eye to what they see as Armenian government efforts to control the judiciary and stifle dissent as they again rallied supporters outside the EU Delegation in Yerevan on Monday.
Armenian law-enforcement authorities have refused to prosecute the head of Prime Minister Nikol Pashinian’s security detail who reportedly assaulted two journalists during a recent opposition demonstration in Yerevan.
Armenian opposition leaders on Thursday urged Moscow to stop doing business with Armenia’s government as they rallied supporters during Russian Foreign Minister Sergei Lavrov’s visit to Yerevan.
Mirroring exchange rate fluctuations in Russia, Armenia’s national currency, the dram, has strengthened significantly during the continuing war in Ukraine.
Armenian opposition leaders accused the European Union on Tuesday of turning a blind eye to the excessive use of force by police against protesters demanding Prime Minister Nikol Pashinian’s resignation.
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