| 04.02.16 | 10:54
After a period of relative stability Armenia’s national currency is showing signs of depreciation as for the first time in more than a year the Central Bank has set the dram’s official exchange rate at above 490 per $1.
| 03.02.16 | 14:32
The food-and-mouth disease (FMD) is a rare phenomenon in winter and there is not even an outbreak of this disease among cattle, let alone an epidemic, in Armenia, says Hrach Berberyan, the head of the Agrarian-Peasant Union of Armenia.
| 03.02.16 | 11:10
Five years after the introduction of compulsory car insurance (APPA by the Armenian abbreviation) those in charge of the sphere say it has proved its value by helping some of the socially more vulnerable car owners and drivers, while also introducing some changes in the attitudes of Armenians towards insurance in general.
| 02.02.16 | 15:40
Armenia should not be satisfied with the 54th place assigned to it by the American Heritage Foundation, according to which, Armenia is a country with “Moderately free economies”, Vazgen Safaryan, the head of the Domestic Manufacturers’ Union, told media, adding that the country should endeavor to further develop its economy.
| 29.01.16 | 11:39
This year Armenia’s economy will not remain immune to the problems in the global economy, many of which possess risks for the South Caucasus country, too, experts say.
| 27.01.16 | 10:14
Armenia has received a loan of 75 million euros (about $81.5 million) from the French Development Agency for the construction of a 20-million-cubic-meter reservoir in the Ararat province, which, according to Finance Minister Gagik Khachatryan, “is a serious step in the development of agriculture.”
| 25.01.16 | 15:13
The bulk of complaints examined by the office of Armenia’s Financial System Mediator last year were related to insurance companies, said representatives of the office while summarizing the results of 2015.
| 24.01.16 | 11:49
Armenia says the situation with foot-and-month is “under control” as no animal is affected by the disease at present.
The assurances have been made by an Agriculture Ministry official after Russia banned imports of a number of agricultural products from Armenia, including meat and dairy products, referring to the “unstable situation” in Armenia with the infectious and sometimes fatal viral disease that affects cloven-hoofed animals, including domestic and wild bovids.
| 21.01.16 | 14:25
The stability of the Armenian dram exchange rates against the US dollar cannot be maintained for long, economist Vardan Bostanjyan told media Thursday.
| 19.01.16 | 09:59
Economists estimate that if Russia agrees to trade with Armenia in strategic goods in its national currency, it will save the latter some hard currency reserves and make it a bit more efficient. But eventually, they say, even this is not a panacea for Armenia’s economic woes.