Armenia’s Government cannot ensure the long-term subsidization of the increased electricity price since the country has a constant budget deficit and it lacks financial resources to subsidize all sectors.
The buyer of Karen Demirchyan Sports and Concerts Complex in Yerevan has lodged an investment program with “clumsy, illogical wording” – a fact which shows the inefficiency of the buyer company as an owner, believe experts.
The report on the state of corruption in five EU Partnership countries – published in July, 2015 – fixes several important issues observed in the five countries: Armenia, Azerbaijan, Moldova, Ukraine and Georgia.
Armenia-Russia trade turnover is down though Armenia has been a member of the Eurasian Economic Union (EEU) for over half a year. The National Statistical Service fixes the trade turnover between the two countries during the first half of 2015 plunged twice from 535 million US dollars to 242 million US dollars.