EAEU has proved its efficiency over last 10 years - EEC minister Wednesday, June 18 2025
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 ArmInfo. Recently, a delegation of the Eurasian Economic Commission (EEC), headed by the EEC Minister for Customs Cooperation Ruslan Davydov, visited Armenia. ArmInfo correspondent met with the EEC Minister, asking him to answer a number of questions |
ArmInfo. The Tashir Group of Companies, owned by billionaire Samvel Karapetyan, who is currently under investigation in Armenia, sees no risks for its business in Russia and continues its work, RIA Novosti reports with reference to the group's Telegram channel. The Investigative Committee of Armenia has accused Karapetyan of inciting the seizure of power; he has been detained and does not admit his guilt.
ArmInfo. Armenia has proposed to the Georgian side a mechanism for work together to conduct an examination of cognac products that are under suspicion. Minister of Economy of Armenia Gevorg Papoyan announced this during the government session in Parliament, while responding to questions from deputies.
ArmInfo. On June 17, Ardshinbank celebrated the grand opening of its new Sebastia branch.
ArmInfo.The Central Bank of Armenia has revised its GDP growth forecast for 2025 from the previous range of 7-4.5% to a new range of 5.1-4.6% (compared to the actual 5.9% growth in 2024). The Central Bank has also adjusted its GDP growth forecast for 2026, now anticipating a slowdown to 4.9-4.4%, instead of the previous 4.7-7% (depending on the inflation trajectory).
ArmInfo. In the Armenian insurance market, the loss ratio for OSAGO has begun to decrease since 2025, amounting to 73.2% in January-May compared to 79.7% the previous year. as evidenced by data from the Bureau of Motor Insurers of Armenia.
ArmInfo.As of today, hail has damaged 8.7 thousand hectares of agricultural land. This was reported in Parliament on June 11 by Deputy Minister of Economy of Armenia in charge of agriculture Arman Khojoyan.
ArmInfo. From June 8 to 11, 2025, a preliminary visit of the Corporate Peer Review was held at the Armenian Nuclear Power Plant (ANPP) with the participation of experts from the World Association of Nuclear Operators (WANO).
ArmInfo. On June 10, Foreign Minister of Armenia Ararat Mirzoyan had a meeting with Rafael Mariano Grossi, Director General of the International Atomic Energy Agency (IAEA). The meeting took place on the sidelines of the third UN Ocean Conference in Nice.
ArmInfo. Almost $500 million in investments will be directed to the implementation of a large-scale project in Armenia, which was officially presented the day before at the largest European startup and technology conference Viva Technology. The RA Government, NVIDIA, Firebird and Team Group will join forces to create the most powerful supercomputer and data processing center in the region based on artificial intelligence (AI) solutions. Prime Minister Nikol Pashinyan noted this on June 12 at a regular government meeting.
ArmInfo. Our cooperation with Armenia will help lay the foundation for the development of artificial intelligence (AI) in the region. This was stated by Jensen Huang, founder and CEO of one of the leading American technology companies NVIDIA.
ArmInfo. The average market price of apartments in the regions of Armenia increased by 12.9% per annum in the first quarter of 2025, reaching 162.3 thousand drams / 1 sq.m.
ArmInfo. In the first quarter of 2025, the average market price of real estate in apartment buildings in Yerevan increased by 1.5%, reaching an average of 464.3 thousand drams / 1 sq. m.
ArmInfo. In January-April 2025, 9,729 children were born in Armenia, which is 7.3% lower than the same period last year. The birth rate per 1,000 inhabitants for the reporting period was 9.6 per mille, compared to 10.5 per mille a year earlier. This is evidenced by the data of the RA Statistical Committee.
ArmInfo. Compared to 2018, funding for science in Armenia has increased by 280%, reaching 40.2 billion drams (as of 2024), as reported by Minister of Education, Science, Culture and Sports Zhanna Andreasyan in Parliament on June 10.
ArmInfo. In January-April 2025, the industrial sector of Armenia reduced production by 16.1% (against 26.1% growth a year ago) - to 812.3 billion drams (over $ 2.1 billion). Such dynamics were due to a double-digit decline in the manufacturing industry and the still sagging mining industry. According to the Statistical Committee, in April alone, industrial production was also in decline - by 3.9% to 212.4 billion drams ($ 543.7 million).
ArmInfo. Wine production in Armenia continues to decline. Thus, according to the RA Statistical Committee, 1.8 million liters of wine were produced in January-April 2025, which is 38.8% lower than the same period last year. At the same time, the volume of sparkling wine (champagne) decreased by 28% year-on-year to 283.1 thousand liters.
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