Tag: 2020

Compared to other markets in the Armenian economy, the telecommunications and communications market is highly competitive. Economist Suren Parsyan breaks it down.

For decades, the Azerbaijani government has engaged in the destruction of Armenian monuments in its quest to erase all evidence of our culture. But the campaign of cultural erasure stretches beyond the physical, to the digital realm as well.

Armenian cultural, religious and historical monuments and sites currently under Azerbaijani control in the aftermath of the 2020 Artsakh War are under immediate threat of vandalism and destruction.

Following the First Karabakh War, landmines and explosive remnants of war became a major hazard for civilians. Today, four regions of Armenia are still contaminated with unexploded ordnance, impacting over 35,000 residents.

Lucrative economic ties with Azerbaijan have influenced the United Kingdom, Italy and Hungary, among others, in their stance during and after the 2020 Artsakh War.

A 4.7 magnitude earthquake rattled Yerevan back in February. Although it didn’t cause significant harm to people or structures, it triggered the inescapable question: Can Armenia withstand another major earthquake?

There are a number of obstacles and barriers within the internal market of the EAEU. If solved quickly and effectively, it can create opportunities for mutual trade to grow, making it a productive vehicle for regional integration.

Economist Suren Parsyan writes that due to the pandemic and the post-war situation, Armenia is witnessing a decline in purchasing power, a phenomenon that is having an impact on the real estate market.