I’m the most optimistic person I’ve met in this world. And yet, when the lavish fireworks broke into Yerevan’s arrogant night sky on New Year’s Eve, my heart squeezed with sorrow. Continue reading
Armenia has significantly improved its position in the latest Doing Business report published annually by the International Finance Corporation and the World Bank.
Armenia has moved up 6 points reaching the 55th slot among 183 countries covered by the report.
The Doing Business project provides objective measures of business regulations for local firms in 183 economies and selected cities at the subnational level and is considered an important indicator for driving foreign investments to a country. Continue reading
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