Armenia

Pashinyan follows in Sargsyan’s footsteps

Since coming to power last year, Armenian Prime Minister Nikol Pashinyan has been constantly making statements which eventually turned out to be only rhetorical exercises. It seems that “prosperous” and “mighty” Armenia exists only as a figment of Pashinyan’s imagination. Meanwhile, after each rhetorical statement, his credibility among the population of Armenia is falling.
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Lenders refuse to provide loans to Armenia

Armenian Prime Minister Nikol Pashinyan has recently made a statement which can seem positive at first sight. He said that for the first time since 2015, a decrease was recorded in the external public debt of Armenia. As of June, the debt has declined by $120 million.
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