Armenia

Property prices to rise significantly in Armenia

Nearly a million Armenians live below the poverty line, which is about a third of the country's population. For more than two decades, the successive authorities promise to fight poverty, but they still fail. After the velvet revolution, the new government of Armenia headed by Nikol Pashinyan promised the same, whilst things are right where they started.
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Armenia misspends budget on unjustified military purchases

The Armenian leadership tries to start a senseless and unpromising for them arms race with Azerbaijan. It is obvious that this race will finally exhaust the Armenian state budget. Comparing the economic, military and industrial potential of Azerbaijan and Armenia, the fact that Armenia by all indicators is hopelessly behind Azerbaijan is indisputable.
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