armenian crisis

Armenia approaching default

Every month, the state debt of Armenia increases by tens or even hundreds of millions of dollars, but interestingly, the country's population sees no real improve that these funds are intended to yield.
Read More

Armenia moving to default while state debt grows

When Karen Karapetyan became the prime minister of Armenia in 2016, people had a hope that the new official would be able to save the Armenian economy. However, with the passage of time, Armenians realized that he is not different from other authorities, who have not been capable of correcting the critical situation in the country.
Read More