Armenia

CEE companies weather the COVID-19 crisis

Robert Anderson in Prague May 23, 2022

Prompt and decisive government intervention, financial lifelines and firms’ involvement in global value chains have helped minimise insolvencies, says EIB/EBRD report.

Lukashenko hits out at lack of unity shown by member nations of Russia-led military bloc

bne IntelIiNews May 17, 2022

In front of Putin in Moscow, Belarusian dictator addresses counterparts from Kazakhstan, Kyrgyzstan, Tajikistan and Armenia.

After war victory, Azerbaijan keeps increasing military spending

Ulkar Natiqqizi for Eurasianet May 13, 2022

This year it is spending more than 10% more than it did before its 2020 defeat of Armenia, and is planning to spend even more in coming years.

EBRD expects 30% GDP contraction in Ukraine in 2022, lowers emerging Europe projections

Clare Nuttall in Marrakesh May 10, 2022

The EBRD has cut its 2022 emerging Europe growth forecasts again, reflecting a sharp downgrade for Ukraine and the regional fallout from the war and sanctions.

Azerbaijan and Armenia aim to 'move quickly' towards a peace agreement after Brussels talks

Javid Agha in Baku April 8, 2022

Yerevan and Baku agree to create a joint border commission by the end of April to delimit and demarcate the border but do not discuss status of the Armenian-controlled Nagorno-Karabakh region.

EBRD slashes 2022 growth forecasts but only nations embroiled in war to enter recession

Clare Nuttall in Glasgow March 31, 2022

Ukraine's economy forecast to contract by 20% and projections worsen across emerging Europe — except for Eurasian oil and gas producers Azerbaijan and Turkmenistan.

Russia accuses Azerbaijan of breaching ceasefire in Nagorno-Karabakh

bne IntelliNews March 28, 2022

Russia said that it was deeply concerned about the rise in tensions in Nagorno-Karabakh and called for calm.

IMF slashes forecast for Armenian economic growth for 2022

Javid Agha in Baku March 18, 2022

The Ukraine conflict could mean the Armenian economy might grow by only 1.5% in 2022, the IMF has said, a much slower pace than previously forecast.

Explainer | What about the EEU? Why Russia’s trade bloc is not a sanctions backdoor

Maximilian Hess for EurasiaNet March 8, 2022

The idea that the Eurasian Economic Union can help Moscow violate sanctions is exaggerated.

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