Police goes back to the harassing business, activists go back to protesting

Armenia -- Protest ride against the Government's new pension reform, Yerevan, 16Janq2014
Armenia — Protest ride against the Government’s new pension reform, Yerevan, 16Janq2014

The Armenian police tried to intimidate activists struggling against the government’s controversial pension reform by making phone calls and paying intimidating visits to photograph their cars after they took part in an automobile demonstration yesterday. Continue reading “Police goes back to the harassing business, activists go back to protesting”

Armenia's Economy Ranked 41st Freest in The 2014 Index. The Full Story.

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Armenia’s economic freedom score is 68.9 according to the Index of Economic Freedom 2014, making its economy the 41st freest in the world. This annual index and ranking is created by The Heritage Foundation and The Wall Street Journal in 1995 to measure the degree of economic freedom in the world’s nations. The question is — does it tell us the full story? Continue reading “Armenia's Economy Ranked 41st Freest in The 2014 Index. The Full Story.”

How Much Do Holidays Cost The Armenian Economy?

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Today is the 10th straight day of holidays in Armenia. I’ve been in need of a bank for at least 5 days, not a chance! Car technicians are not working either, although I need something urgent to be fixed!
I’ve been wondering how can a poor country like Armenia afford to shut down its economy and make no money for so long.
There are some estimates, that the UK economy is losing £ 2.3 bn on each bank holiday. How much is Armenia losing? Continue reading “How Much Do Holidays Cost The Armenian Economy?”

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