I just read an interesting report on RFE/RL about what is being pawned off as the end of an “economic crisis” in Armenia. I guess that depends on who you ask and where in Armenia you live.
Below are excerpts from the article:
Armenia’s worst recession since the early 1990s has come to an end, a senior [...]
I just read a disturbing Hetq report about five people living in an underground shelter for eight years in Ashtarak who supposedly went unnoticed by local residents and the authorities.
Here’s some excerpts:
Based on information reported by Aida Papoyan, a resident of the town of Ashtarak, and teachers of the town’s #1 Special Dormitory, staff at [...]
Several official figures have been published recently suggesting that Armenia is in a downward economic spiral as a result of the global recession. In the first two months of the year, the economy receded 3.7 percent according to official statistics, and the dram devalued about 20 percent from 305 to 370 against the dollar in [...]
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