How Much Do Holidays Cost The Armenian Economy?

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…

Read More

Sarkissian Finally Explains His EU Association U-Turn by Playing Naive

Armenian President Serzh Sarkissian used the opportunity to make a speech during the plenary session of PACE to finally give some sort of an explanation about his decision to join the Russia-led Customs Union effectively blocking the way to the  Deep and Comprehensive Free Trade Agreement and the EU Association agreement that came with it.

Read More
1 10 11 12 13 14 79