Economy
EBRD aims to deploy €5 billion in 2026 in economies impacted by Middle East conflict
The European Bank for Reconstruction and Development (EBRD) has launched a conflict response program to support the economies of its investee countries and clients affected by the war in the Middle East, as well as neighboring countries where it operates and facing broader consequences.Armenia plans to build a Pan-Armenian Games Sports Village at a cost of 20.9 billion drams
At a meeting on Thursday, the Armenian government approved an investment program for the construction of the Pan-Armenian Games Sports Village, costing approximately 20.9 billion drams (almost $55.6 million).Armenia's long-term contracts with Russia will not be violated - Pashinyan on Russian gas prices
Armenia has long-term contracts with Russia, and they will not be violated, stated Armenian Prime Minister Nikol Pashinyan, commenting on the possibility of a price increase for Russian natural gas for Armenia.A recreational zone costing 172 million drams is planned for construction in the Hrazdan Gorge area
A large-scale recreational zone is planned for construction in the Hrazdan Gorge area of Yerevan, Armenian Minister of Territorial Administration and Infrastructure David Khudatyan announced at a government meeting on Thursday.Armenia does not intend to make decisions "behind Russia's back": Pashinyan on the railway future
YEREVAN, April 9. /ARКА/. Armenia has no plans to act without Russia's knowledge or against its interests concerning the potential transfer of the concession for Armenian railways to Kazakhstan, Prime Minister Nikol Pashinyan stated today in response to a question about whether this topic would be discussed during a meeting with the Kazakh Foreign Minister in Yerevan.The service sector in Armenia grew by 7.2% in January-February 2026, exceeding 630 billion drams
The service sector in Armenia in January-February 2026 amounted to 630,310.5 million drams (at current prices), an increase of 7.2% compared to January-February 2025, according to the Statistical Committee.Domestic trade turnover in Armenia amounted to 892.2 billion drams in the first two months, up 3.3%
Domestic trade turnover in Armenia in January-February 2026 amounted to 892,247.1 million drams (at current prices), an increase of 3.3% compared to January-February 2025, according to the Statistical Committee.Construction volume in Armenia increased by 20.5% in the first two months of 2026, reaching 54 billion drams
Construction volume in Armenia for January-February 2026 amounted to 53,953.7 million drams (at current prices), an increase of 20.5% compared to January-February 2025, according to the Statistical Committee.National Assembly of Armenia committee approves bill on equal conditions for local and foreign investors
At a meeting on Wednesday, the Standing Committee on Economic Affairs of the National Assembly of Armenia approved the draft law "On Investments," which had been discussed in the first reading.News 1 - 20 of 16295
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