Topic: economy

PRAGUE (RFE/RL) — The economy of Armenia may be among the latest victims of Russia’s invasion of Ukraine. Thousands of workers at the country’s largest textile factory are facing layoffs or wage cuts amid similar fears at[...]

Anyone interested in the post-Soviet space — whether general reader, sociologist or seasoned economist — will find something of interest in Aleksandr V. Gevorkyan’s Transition Economies. Gevorkyan goes over in detail the changes that[...]

YEREVAN — Inflation, which began to appear in Armenia in 2020, has become a serious problem currently, as a result of which daily the rates of poverty and emigration are increasing. In addition, minor crimes are emerging, reminiscent of[...]

STEPANAKERT — December 10 is a symbolic day for the history of Artsakh (Nagorno-Karabakh). On this day in 1991 its referendum of independence was held and based on its result, the independent Republic of Nagorno-Karabakh (Artsakh) came[...]

YEREVAN — Inflation in Armenia continues to accelerate. The 12-month rate of inflation in the country was 9.6 percent, according to a report published by the Statistical Committee of the Armenian government. In the last quarter, all[...]

STEPANAKERT/WASHINGTON – Every day Zorik Babayan sells souvenirs near Stepanakert’s iconic We Are Our Mountains (aka Grandmother and Grandfather) monument. When I approached him last month, there was only a small group of tourists,[...]

By Danny Donabedian Harut Sassounian is an established, rather well-known political analyst and critic of Armenia’s current leadership and administration. He has claimed, on numerous occasions, to offer fair and balanced accounts of[...]

By Cristopher Patvakanian Special to the Mirror-Spectator YEREVAN – The financial system and spending patterns of many Armenians were not isolated from the shocks to Armenian society following the pandemic and 2020 war. Financial[...]

By Vahan Zanoyan Much has been written about the conventional economic development challenges of Armenia: Infrastructure needs, energy security, export promotion, agricultural development, emphasis on specific sectors such as IT, direct[...]

YEREVAN (news.am, azatutyun.am, ArmenPress) – Prime Minister of Armenia Nikol Pashinyan introduced newly appointed Minister of Economy Vahan Kerobyan to the staff of the Ministry of Economy on November 27. Pashinyan thanked[...]