Economy and Energy.

The age, risk and closure consequences of the Metsamor NPP

Tuesday October 17th, 2017

Recently to be signed “Comprehensive and Enhanced Partnership Agreement” between Armenia and the European Union was published which also envisages the decommissioning of the Armenian nuclear power plant over time….

Outflow of Capital Instead of Investments

Tuesday September 5th, 2017

Recently the RA National Statistical Service published a number of statistical data describing the level of investment activity in Armenia during the first quarter of 2017. It is no secret…

Reasons for Decline of US-Armenia Trade

Thursday August 31st, 2017

The bilateral relations between the Republic of Armenia and the United States have always been distinguished by their multifaceted and unique nature. For instance, the US has been the major…

Growth in Exports to the EU: Foreign Trade in Numbers

Wednesday July 26th, 2017

As is the case with all small countries characterized by open economic system, foreign trade dynamics in Armenia is one of the fundamental factors outlining the current conjuncture of the…

In Response to Minister of Finance: Consequences of Failing to Integrate into the EAEU

Tuesday June 27th, 2017

Yesterday, addressing the consequences of Armenia’s membership in the EAEU, RA Minister of Finance Vardan Aramyan noted that analyses show that the additional economic effect due to accessing that structure…

Largest Donors for Humanitarian Aid to Armenia

Tuesday May 16th, 2017

According to data published by the RA National Statistical Service, Armenia received humanitarian aid worth 21.8 billion AMD from other countries in 2016. Humanitarian aid is assistance in the form…

Trade between EAEU Member Countries Continues to Decline

Saturday March 4th, 2017

Recently the Eurasian Economic Commission published statistical data summarizing the annual results of foreign and mutual trade of EAEU member countries for the year 2016. According to the data, the…

RA National Debt Continues to Grow

Friday February 10th, 2017

The level of national debt is one of the basic indicators describing the economic system of the country. The importance of the national debt consists in that it affects the…

No Real Growth in Exports to Russia

Friday February 3rd, 2017

During last year, “Union of Informed Citizens” addressed the topic of nature and causes of sharp increase in exports from Armenia to EAEU member countries. Export to EAEU member countries…

EU Continues to Remain Armenia’s Main Trade Partner

Thursday January 12th, 2017

Armenia negotiated an association agreement with the European Union from 2010 to 2013. And though a document was finally agreed as a result of the negotiations, Armenia’s membership in EAEU…

Grants Received by the RA Government in 2017

Tuesday December 13th, 2016

According to the Draft State Budget for the year 2017, the RA Government envisages to receive grants in the amount of around 31 billion AMD (about 65 million USD) from…

EAEU Foreign Trade Volume Continues to Decline

Friday November 18th, 2016

Recently the Eurasian Economic Commission has published statistical data on the Eurasian Economic Union’s foreign and mutual trade dynamics for January to September of 2016. As Armenia is member of…

Sharp Decline in Investments from Russia and Capital Outflow from Armenia

Friday November 11th, 2016

As it is known, Armenia took the path of membership in the Eurasian Economic Union starting from 2013. The latter was created on the basis of the Customs Union, and…

Turkish Trace in in Exports from Armenia to Russia

Monday November 7th, 2016

According to official statistics, exports from Armenia to EAEU countries increased by 70 percentage points in the months of January to July of 2016. However, this growth did not bring…

Hazards Related to EAEU-China Free Trade Area

Monday October 17th, 2016

In February of 2015, only one month after the official launch of the Eurasian Economic Union (EAEU), Ambassador Extraordinary and Plenipotentiary of the Russian Federation to China, Andrey Denisov, announced…

The Petrol Loot in Armenia

Tuesday January 26th, 2016

In December 2013, Serj Sargsyan and Vladimir Putin agreed that Armenia would be buying petrol only from the “Rosneft” Russian state corporation. As a result of that monopolization, the price…

No decrease in price for gas and new monopolies for “Gazprom Armenia”

Thursday August 20th, 2015

Yesterday the RA Government session endorsed the project of replenishing the sale agreement of “HayRusGasArd” and the agreement on order of price formation during natural gas delivery signed between Armenia…

How much will electricity price hike increase consumers’ financial burden?

Monday June 22nd, 2015

As is known, the Public Services Regulatory Commission (PSRC) of the Republic of Armenia made a decision on June 17 to raise electricity prices for Armenian consumers by AMD 6.93….

Armenia: The Most Expensive Electricity in CIS (Table)

Wednesday June 17th, 2015

As it is known, the Public Services Regulatory Commission of the Republic of Armenia plans to make a decision about raising the price for electricity in Armenia by 6.93 AMD….

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