Yerevan shopkeepers loose their kiosks, jobs and chance to repay loans

Yerevan’s mayor Karen Karapetyan has ordered removal of small kiosks from Armenian capital’s central streets, despite the fact, that many of the kiosks are run by small businessmen, who are fully legally licensed to operate, have corresponding permissions for the space they occupy and often are struggling to repay newly acquired loans. Continue reading

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Young Diasporan investor prepared to “follow the law and take anyone to court”

Photo: Pedro Zarokian in his garden

Pedro Zarokian in his garden

I’ve read a very inspiring story today about a young Armenian, raised in the States from the age of 9, who has purchased 112 hectares of land in the village of Bagaran and is planning to battle his way through the hassle of living and working in Armenia. Continue reading

Egg Shortage in Yerevan Amid New Year Preparations

Armenia - Empty egg-boxes lined up in an open-air food rmarket, Yerevan, 28Dec2010

Armenia - Empty egg-boxes lined up in an open-air food rmarket, Yerevan, 28Dec2010

No eggs were to be found in a dozen of groceries, supermarkets and food markets in Yerevan today, as families dashed out to buy food preparing for the traditional New Year feast. Continue reading