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Armenia Economy Society

69 Percent of Armenian Households Own a Computer. Study

Sixty-nine percent of Armenian households have a computer, and the same proportion have an internet connection, according to the new survey published by the National Statistics service.

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Armenia Economy Environment Society

Coffee in Dilijan

Caffeine Brew Lab, 38 Myasnikyan str. Dilijan
Driving through Dilijan with a group of friends on Sunday we decided to stop for a cup of coffee at this amazing place called Caffeine Brew Lab, which turned out to have the best tasting coffee I’ve had for quite a while in Armenia.

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Armenia Economy Society

Booze Traveler on The Armenian Trail

I just had a discussion with some Armenian friends about Armenian drinks and remembered about this really fun episode of the Jack Maxwell’s documentary series “Booze Traveler” for the Travelchannel, in which he explores Armenian culture of alcoholic beverages.

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Armenia Economy

Iranians Flock to Armenia to Celebrate Novruz Again


There are Iranian tourists everywhere in Yerevan these days. They’re here to celebrate Novruz. We haven’t seen so many since at least 2011. This has got to be the result of lifting international sanctions against Iran.

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Armenia Economy

Armenian Dram reacts to Government's actions, strengthens sharply

Armenia – A schoolboy walks past a currency exchange sign in Yerevan, 17Dec2014.

The Armenian dram strengthened against the U.S. dollar by 16 percent on Thursday after weeks of depreciation that accelerated dramatically earlier this week amid turmoil in Russia’s currency market, RFE/RL reports.

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Armenia Economy

Armenian Dram Plunges to Historic Lows amid Dollar Panic

Armenian AMD vs USD Exchange Rate output from Walfram Alpha

Armenia’s national currency, the Armenian Dram lost about 10 percent of its value overnight.

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Armenia Economy Politics Society

55% of Armenians support country's membership in Eurasian Economic Union

According to the Caucasus Barometer 2013, 55% of Armenians support Armenia’s joining the Eurasian Economic Union.

According to the Caucasus Barometer 2013, 55% of Armenians support Armenia’s joining the Eurasian Economic Union. More importantly, only 13% are against it.

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Economy

Dream Job

The Traffic Controller of one of Yerevan’s Minibus Routes at his office

“What do you do all day?” I asked.
“Sit around, smoke and drink coffee,” the traffic controller on one of Yerevan’s minibus routes chuckled back to me.

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Economy

Depressing utility bills hit the nation. UPDATED


There’s sadness and troubled faces in Armenia’s banks, post-offices and around electronic payment terminals.

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Categories
Armenia Economy

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


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?

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