Artur Avetisyan: All discussions regarding the choice of a future NPP  model will remain mere talk until there is a vision for strategic  development

 Friday, September 26 2025 17:29:00
Artur Avetisyan: All discussions regarding the choice of a future NPP  model will remain mere talk until there is a vision for strategic  development

ArmInfo.. Armenia has become captive to political statements and doesn't really know what it wants. Artur Avetisyan, energy security expert, PhD in engineering  and Associate Professor, expressed this viewpoint in an interview  with an ArmInfo correspondent, when commenting on the Armenia-US MoU  on energy cooperation signed on August 8, as well as yesterday's  Pashinyan-Putin meeting at the World Atomic Week forum in Moscow.

Active consumer lending causes double-digit growth in bad loans 
 Monday, September 1 2025 13:29

ArmInfo. In the banking sector of Armenia, against the backdrop of active consumer lending (growth by 29%), the growth of delinquencies has accelerated sharply - from  6% to a double-digit 39%, taking into account high-risk bad loans. 

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Luys Foundation: Armenian government continues to face challenges in  budget planning
 Monday, August 25 2025 14:56

ArmInfo.  The underperformance  of budget programs is alarming, as signaled by experts of the Luys Foundation, who have analyzed the report on the execution of the  state budget of the Republic of Armenia for the first half of 2025.  Specifically, the execution of such a key program as the , which is implemented  under the auspices of the Ministry of High-Tech Industry, is less  than 5%.

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Armenia`s brandy and winemaking industry in crisis - economist 
 Monday, August 18 2025 12:14

ArmInfo. Unresolved logistical problems and the conflict with the Georgian authorities have had a negative impact on brandy production and winemaking, according to  economist Suren Parsyan.

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Mesrop Arakelyan calculated Armenia`s revenue from  road through  Syunik: it will only be enough to increase pensions by 3,000 drams
 Thursday, August 14 2025 16:11

ArmInfo.  The authorities, who lack knowledge of mathematics, confidently discuss the potential billions of dollars in revenue that the road passing through  Armenia's Syunik region. Mesrop Arakelyan, co-founder of the "Country  to Live" party, wrote  this on his Facebook page.

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Expert: Washington Declaration to ensure regional economic security 
 Tuesday, August 12 2025 17:44

ArmInfo. The economic security component  included in the Washington Declaration  has been crucial since 2020 in  ensuring stability in the region. Armine Margaryan, expert on military-political issues and chairperson of the Center for Women and Global Security Architecture, expressed this viewpoint  while referring to the declaration signed by the leaders of Armenia,  the United States and Azerbaijan on August 9 in Washington DC.

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New energy architecture to allow Baku and Ankara to finally push  Armenia out of North-South electricity corridor - political scientist
 Monday, August 11 2025 10:57

ArmInfo.  "Trump's route" also has a very clear energy focus, which will inevitably lead to the rupture of Armenian-Russian and Armenian-Iranian energy transport  ties. A similar point of view was expressed in his article by energy  security expert Vahe Davtyan.

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Regardless of name of Syunik Corridor, its logic contradicts  fundamental principles of EAEU -economist
 Friday, August 8 2025 13:16

ArmInfo.  Before choosing political names and beautiful packaging, it is very important to  understand the substantive consequences. Economist Hayk Farmanyan  writes about this, speaking about the expected transfer of control  over the Syunik corridor to the United States.

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EAEU has proved its efficiency over last 10 years - EEC minister 
 Wednesday, June 18 2025 10:01

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

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Suren Parsyan calls the downwardly revised forecast of the World Bank  and IMF for Armenia`s GDP growth
 Tuesday, April 29 2025 17:47

ArmInfo. The downwardly revised forecast of the World Bank (WB) and the International Monetary Fund (IMF) for Armenia's GDP growth at 4-4.5% is quite optimistic. Economist Suren Parsyan shared this opinion in an interview with ArmInfo.

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Universal Income Declaration: what happened has little in common with  what was intended - David Ananyan
 Wednesday, February 19 2025 16:22

ArmInfo. By implementing universal income declaration, the Armenian authorities are addressing  several problems - they streamline the work of law enforcement officers and provide the government with complete oversight of citizens' cash flows, as stated by David Ananyan, PhD in Economics, Director of DSA and former head of the State Revenue Committee of Armenia, in an interview with an ArmInfo correspondent.

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Are all funds protected in Russian banks?
 Friday, December 20 2024 15:51

ArmInfo. once said Lucius Annaeus Seneca, the famous Roman Stoic philosopher, poet and statesman To ensure the safety of our hard-earned money, the modern world has come up with a system of guaranteeing bank deposits.

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Expert: SMR technologies are still futuristic
 Monday, December 16 2024 17:07

ArmInfo. The current state of Armenia's nuclear energy sector is similar to a well-known monologue performed by People's Artist of Russia Roman Kartsev:  yesterday there were big crayfish, but for five rubles, today there  are smaller crayfish, but for three rubles.  After extensive  discussions, the Armenian government has reached a decision on the  capacity and type of the new nuclear power plant. According to RA  Prime Minister Nikol Pashinyan, a political decision has been made to  construct a nuclear power plant with a small modular reactor (SMR).  RA Minister of Territorial Administration and Infrastructure Gnel  Sanosyan commented on the Armenian Cabinet's statement, noting that  the plant will have a capacity of 400-600 MW. Based on his  statements, it can be inferred that Armenia intends to build two  power units, as SMR nuclear power plants typically have units with  capacities of up to 300 MW. Meanwhile, experts in the field emphasize  the importance of a robust nuclear energy sector for Armenia, as we  approach the fifth world industrial revolution.

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Armenian Banks: About HSBC, Ardshinbank and Conducting Business in the New Environment of Sanction Restrictions
 Friday, November 29 2024 09:01

ArmInfo.Yerevan, November 23, 2024. ArmInfo. The announced withdrawal of the Armenian branch of the prominent international Hongkong and Shanghai Banking Corporation (HSBC), a banking group with British roots, from the domestic market has raised a valid question within the country’s financial community: where will HSBC's clients, particularly its business clientele accustomed to international banking standards since 1996, go? The announcement earlier this year of HSBC Bank Armenia's acquisition by a bank with exclusively Armenian roots brought both reassurance and numerous questions. ArmInfo's Director General and economic observer Emmanuil Mkrtchyan sought to clarify the situation with David Sargsyan, Deputy Chairman of the Management Board of Ardshinbank.

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The state should establish strict rules for its relations with  investors, rather than engaging in promiscuous partnerships with them  - Artur Ashugyan
 Monday, November 4 2024 18:23

ArmInfo.Yerevan, In late September, the Mining Armenia Forum was held in Armenia, organized by the Union of Miners and Metallurgists of Armenia. The forum was attended by representatives from almost all  mining companies in the country, specialists in various fields, environmentalists, representatives from various NGOs, and foreign guests.

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Fixing over-ambitious and unrealistic goals most dangerous - expert 
 Monday, October 7 2024 12:40

ArmInfo.Armenia's GDP growth by the end of 2024 will be within 5%, but not 7% according to the  approved state budget and not 5.8% expected by the financial authorities in the draft budget for next year, Vardan Aramyan, an international consultant on public finance management and former RA  Finance Minister, stated in an interview with ArmInfo

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Idram: Infrastructure for Financial Institutions․ Idram for Everyone
 Monday, September 9 2024 21:22

ArmInfo.Armenia is one of the regional leaders in the field of contactless QR payments. QR payments were introduced in the country in 2016. We spoke with Arsen Kdenian, Director of Idram, about the current state of QR payments and the future of the sector.

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External factors only hope or Armenia`s shoestring budget
 Thursday, August 8 2024 09:37

ArmInfo. The current government is proud of the tax overfulfillment in Armenia over the past two years.  However, already at the end of the first quarter of 2024, the authorities, albeit in a low voice, began to talk about the possible underfulfillment of the target state budget indicator, and by the end of June they officially announced that tax arrears had reached approximately 9%.

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IDBank will have a new premium service lounge. Lida Safaryan
 Monday, July 29 2024 22:53

ArmInfo. IDBank regularly speaks about the advantages that privileged service customers enjoy. They are progressively expanding and adapting to international standards. We discussed this with Lida Safaryan, Head of Premium Banking Services, Commercial Director and Vice President of IDBank.

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Only two companies benefit from securities issuance assistance programme in Armenia
 Monday, July 29 2024 10:31

ArmInfo. So far, two companies have become beneficiaries of the state program to promote the issue of equity (shares) and debt (bonds) securities, as well as passing credit ratings. By the end of 2024, 2-3 more participants may join them. Hasmik Zakaryan, Head of the Department for the Development of Financial Infrastructures of the RA Ministry of Economy, spoke with an ArmInfo about the terms of the state program to promote the development of the capital market, as well as its prospects.

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Armenia needs 600MW NPP - ex-premier 
 Tuesday, July 16 2024 13:44

ArmInfo. Armenia cannot do without nuclear energy, Armenia's ex-premier Hrant Bagratyan told  ArmInfo.

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