Economy
16/03/2021 12:47Armenia’s refinancing rate remains unchanged – 5.5%The Lombard repo facility rate at 7%. The Deposit facility rate at 4%.
15/03/2021 19:36Armenian governmental delegation to head to MoscowThe delegation will consist of deputy PM Mher Grigoryan, Davit Gevorgyan, Hakob Vardanyan and Garegin Baghramyan.
11/03/2021 12:25Armenia’s PM dissatisfied with country’s productivity level“In this regard we greatly concede to world-developed countries and not only developed countries but also we are not in the first rows among the EAEU member states,” the PM said, expressing doubt that the entrepreneurs while making their annual plans, calculating expenses and incomes take into consideration the productivity component.
03/03/2021 12:15US Department of Commerce blacklists 14 entities in Russia, Germany, SwitzerlandThe list includes 10 Russian companies: the 27th Scientific Center of the Russian Ministry of Defense, the Chimmed Group, Femteco, Interlab, LabInvest, OOO Analit Products, OOO Intertech Instruments, Pharmcontract GC, Rau Farm, Regionsnab.
26/02/2021 16:16Armenian, Russian, Azerbaijani vice PMs to meet in Moscow on February 27The second session of the trilateral task group was conducted remotely on February 12.
24/02/2021 13:10USAID to provide $2.65 mln additional funding for Armenia’s agricultural sectorParticipants trained by the program are able to apply for small grants to upgrade their production capacities. To date, the project has issued 29 in-kind grants, and over 100 grants in total will be provided over the life of the project. RED-NEO's support contributed over 11 percent on average to grant recipients' 2020 revenues.
23/02/2021 22:22Armenia’s PM says opportunity of exploiting Amulsar mine quite bigPost-war situation has not changed PM Nikol Pashinyan’s attitude toward Amulsar issue, Pashinyan said in the interview today.
18/02/2021 11:48Economy seems to enter post-crisis restoration phase – Armenia’s PMHead of State Revenue Committee Edward Hovhannisyan added that the sectors of retail and wholesale have also grown.
18/02/2021 10:45Brent crude surpasses $65 per barrel first time since January 2020This is the first time the price of Brent has surpassed $65 per barrel since January 2020.
17/02/2021 15:48Bitcoin price hits fresh all-time high surpassing $51,000As of 11:08 am, the Bitcoin price slowed down growth to 3.3% trading at $50,772.
12/02/2021 20:31Vice PMs of Armenia, Russia, Azerbaijan conduct session of trilateral task groupThe schedule of the future work has been agreed upon.
12/02/2021 12:06Trade turnover between Armenia and Turkey takes place today – My Step deputy“It is not about certain agreements, it is a result of arrangements that this road sector must function and it does function. Azerbaijanis have not closed it for a second,” Gevorgyan said.
11/02/2021 16:25Average oil price expected at $54.2 per barrel in 2021, says European CommissionThe outlook considers crude production cuts by OPEC+ and non-OPEC+ states and the oil demand recovery at the end of 2020, the EC noted.
10/02/2021 14:04Abkhazia offers Russia its participation in opening railway communication with ArmeniaPresident of Committee of International Relations Astamur Logua said Abkhazia has always stated about its readiness to participate in big regional projects with equal conditions and must not stay indifferent to the opportunity of opening railway communication in the region.
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