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  • Archive for April 15th, 2020

    Ucom vs Ucom. Raider Seizure, Blackmailing or Property Redistribution?

    Wednesday, April 15th, 2020

    For several days now, the Armenian information field has been fermented by the scandalous situation over the telecommunications operator Ucom. Until recently, nothing boded a high-profile showdown, and the company itself was preparing for the deal of the year – the purchase of Beeline in Armenia. But in fact, everything turned out to be much more complicated

    Armenian central bank asks citizens not to form speculative forex expectations

    Wednesday, April 15th, 2020

    Armenia’s Central Bank intervenes in the local foreign exchange market only in extreme cases in order to mitigate potential serious fluctuations, said Andranik Grigoryan, head of the Central Bank’s Financial Stability Department

    IMF to provide Armenia with $280 million loan

    Wednesday, April 15th, 2020

    The International Monetary Fund (IMF) said last week that around $280 million will be available in financial assistance for Armenia immediately after its Board meeting, Deputy Economy Minister Avag Avanesyan told a news conference today

    214 business loans totaling AMD 9.7 billion approved in Armenia under government’s anti-crisis programs

    Wednesday, April 15th, 2020

    Artur Javadyan, chairman of the Central Bank of Armenia, presented at a meeting convened Tuesday by Prime Minister Nuikol Pashinyan the interim results of the implementation of the 1st and the 2nd measures, aimed at neutralizing the consequences of the coronavirus by promoting businesses and agriculture