Tag: capital

Banks make up the largest portion of Armenia's domestic financial system, accounting for approximately 79% of its total assets. While the banking system is well-regulated and devoid of bankruptcies for more than two decades, Armenia needs to diversify its financial system to ensure growth and prosperity.

Defying expectations, Armenia has been enjoying some very strong economic growth. However, local consumption-savings habits and other factors continue to hinder local production and competitiveness. Samson Avetian explains what needs to change.

Liana Karapetyan, an associate at SmartGateVC and the director of Hero House Angels, joins us this week to discuss angel investing opportunities in Armenian start-ups. The Hero House Angels program allows individual investors from around the world to be connected with the Armenian start-up ecosystem and make investments. We also discussed Armenia’s ecosystem's trajectory as the number of start-ups in the country grows.

In the past several years, residents of Yerevan have started spending more time in cafes and the outdoors generally. We eat out, take our breaks, work and escape from the cares of our daily lives.

In the context of autocratic, oligarchic or committedly neo-liberal regimes which continually propagate a coercive and incarcerating model of urban planning, the multiplication of such spaces as the 2800th Anniversary Park of Yerevan is organic, writes Vigen Galstyan.