ArmInfo.During the reign of the current government, Armenia's dependence on Russia increased from  25% to 45%, stated Armenia's former premier Hrant Bagratyan, commenting on the results of the meeting in Brussels in the EU-Armenia-US format.

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ArmInfo. The transaction to acquire 90% of the shares of Ameriabank by the BOGG PLC international financial group, the main asset of which was Bank of Georgia, was completed last Friday.  Now a second major asset in the form of Ameriabank has joined the Group. As previously reported, the total transaction amount was $303.6 million.

ArmInfo.Service sector of Armenia provided revenue in the amount of 473.1 billion drams in Jan-Feb 2024 ($1.2 billion), slowing down in y-o-y growth from 23.5% to 5.2%. This is evidenced by data from the RA Statistical Committee, according to which in February alone, the service sector showed a decline of 0.3% - to 236.2 billion drams ($584.2 million).

ArmInfo.The common energy markets of the EAEU have great potential for successfully confronting  the main challenges in the energy sector in the Eurasian space. This was stated by the director of the energy department of the Eurasian Economic Commission, Vadim Zakrevsky, at the round table "Economic  and legal regulation in the energy sector", held in Kazan as part of the Tatarstan International Forum on Energy and Energy and Resource Efficiency.

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ArmInfo. Metallurgical industry of Armenia increased production volumes by 37% per annum in Jan-Fe  2024 (versus a 31% decline a year earlier). This is evidenced by the data of the RA Statistical Committee.

ArmInfo. We've had extensive conversations with all the countries in the region, from Turkiye, frankly, through to  Central Asia about the importance of building a strong transport corridor.  And I believe there's great willingness and interest in seeing movement in that direction.    US Assistant Secretary of the Bureau of European and Eurasian Affairs, Ambassador James O'Brien stated at a briefing at the Department of State.

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ArmInfo.The Eurasian Fund for Stabilization and Development (EFSD) has financed a number of projects in Armenia. Another project totaling $100 million is being prepared. The Fund supports the most important, strategic investment areas.

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ArmInfo.The Asian Development Bank (ADB) will provide Armenia with a loan of 60.09 million euros  for the implementation of the urban development investment program.

ArmInfo. The European Investment Bank (EIB) will provide Armenia with a loan of 25 million  euros for the implementation of the second stage of the program to improve the energy efficiency of buildings and structures in Yerevan.

ArmInfo. A regular Cabinet meeting took place today, chaired by Prime Minister Nikol Pashinyan, the  press service of the RA Government reports.

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