Current Trends in Armenia’s Real Estate Market
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.
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.
Late last year, Armenia’s national postal carrier announced an increase in prices for international shipments. Small businesses have been hit hard.
Vacationing outside of Armenia became an impossibility because of the COVID-19 pandemic. This could have encouraged domestic tourism, however, it was a missed opportunity, writes Sona Martirosyan.
The nature of the strategic importance of oil and gas is changing. As energy policies adapt, Armenia will face a new global reality. Will it be ready for it?
Are you interested in purchasing a home in Yerevan? If so, Harout Manougian offers some invaluable information and advice and more importantly, tips on how to avoid the inevitable pitfalls in an unregulated real estate market.
Over 5500 senior citizens in Armenia who are not eligible to receive a pension, are on welfare. They receive about $50 US per month. Armenia’s minimum food basket, according to the Ministry of Health stands at about $72 US per month. In this photo story, EVN Report tries to understand how these pensioners survive.
EVN Report’s mission is to empower Armenia, inspire the diaspora and inform the world through sound, credible and fact-based reporting and commentary. Our goal is to increase public trust in the media. EVN Report is the media arm of EVN News Foundation registered in the Republic of Armenia in 2017.
SUPPORT INDEPENDANT JOURNALISM