ArmInfo.The Eurasian Economic Commission supported the creation of a common EAEU exchange space.

ArmInfo.In Armenia, the nominal wages in June accelerated the decline to 0.3% from 0.1% in May, due to the reversal of the dynamics of wages in the private sector from  growth to decline, with a reverse trend in wages in the public sector  with an exit from the decline to growth.  And this despite the fact  that since May 18, the private sector has fully resumed, despite the  extended state of emergency until August 13.  

ArmInfo. On credits under the Eurasian Development Bank (EDB), the Territorial Development Fund will implement a program to modernize irrigation systems.

ArmInfo.A more impressive decline in imports than exports reduced Armenia's foreign trade deficit in the first half of 2020 by 20.1% per annum. At the same time, in June  alone, the decline in this indicator accelerated to 54% from 23.1% in  May, against the backdrop of a slowdown in export growth and  accelerated import growth. And in June 2020, compared to June 2019,  the foreign trade deficit decreased by 34.2% as a result of a  significant decline in imports with a negligible decline in exports.

ArmInfo.Armenia is among the most popular directions for money transfers via the Tele2 system. The Moscow Global MSK.ru business portal reports this.

ArmInfo.. In Armenia, economic activity in the first half of 2020 decreased by 4.7% per annum, against 6.5% growth a year earlier. In June of this year. by June  2019, economic activity decreased by 7.5%, against an increase of  3.4% in June 2019 to June 2018. And in June 2020 alone, economic  activity accelerated growth to 14.8% from 13.3% in May, against a  more modest 8.2% growth in June 2019.

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ArmInfo.In January-May 2020, compared to the same period in 2019, the volume of exports of the main commodity groups representing agriculture and fish farming in  Armenia increased by 2.5%, amounting to $ 51.2 million, according to  a study by CEDI (Center for Economic Development Initiatives). Russia  was the main export destination for Armenian producers.

ArmInfo. PicsArt has acquired its first company, which turned out to be a resident of the 3rd cycle of the Beeline Startup Incubator project, implemented by "Beeline  Armenia" company together with the Business Angels Association of Armenia (BANA).

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ArmInfo.The Ministry of Finance of Armenia presented a report on the activities of the  department for 2019 during a meeting in the government, held with the  participation of Armenian Prime Minister Nikol Pashinyan.

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ArmInfo. The prospects for investment activities to restore the economies of the Eurasian Economic Union (EAEU) countries after the pandemic and expand trade  and economic ties were discussed by Nikolay Podguzov, Chairman of the  Board of the Eurasian Development Bank (EDB), and Mikhail  Myasnikovich, Chairman of the Board of the Eurasian Economic  Commission (EEC).

ArmInfo.Armenia can receive up to $ 2 million from the US to support the development of labor.

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