ArmInfo.The German government will provide Armenia with 116 million 400 thousand euros for the social and economic development of the Republic of Armenia. On  December 23, the Armenian Cabinet of Ministers approved the draft law  "On ratification of the Agreement between the Government of the  Republic of Armenia and the Government of the Federal Republic of  Germany on financial cooperation for 2020".

ArmInfo.Since its inception, the Military Insurance Fund has provided financial  assistance to 4,660 beneficiaries, including soldiers who received  disabilities of groups 1 and 2 during the war and families, and died  or missing soldiers. Smbat Saiyan, Deputy Director of the Insurance  Foundation for Servicemen announced this during a press conference.

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ArmInfo. The government has done nothing over the last two years to upgrade Armenia`s fishing industry, says Armen Buniatyan, Chairman of the Union of Fish-  Breeders of Armenia. 

ArmInfo.The task group for unblocking the regional trunk lines co-headed by the Armenian, Russian and Azerbaijani vice-premiers is discussing a stage-by-stage  re- opening of the Yeraskh-Goradiz railway, Armenian Vice-Premier  Mher Grigoryan told the RFE/RL Armenian-language service. 

ArmInfo. Ameriabank opens yet another branch, this time establishing its presence in Malatia-Sebastia district of Yerevan at 40/4 Zoravar Andranik street. Malatia is the fifth new branch of Ameriabank this year.

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ArmInfo. The European Bank for Reconstruction and Development (EBRD) is providing a EUR 5 million financial support package to Armeconombank in Armenia to facilitate  the private sector's transition to more sustainable, low-carbon and  climate-resilient practices. 

ArmInfo.On December 21 of this year, IDBank, through a public offer, issued another tranche of nominal coupon bonds under the abbreviation AMANLBB2EER3.

ArmInfo.The Vine and Wine Foundation of Armenia (VWFA), in cooperation with the German Agency for International Cooperation (GIZ) and ACBA Federation, has created  an online platform designed to promote the sales of Armenian wines in  Europe. The official website of the platform is  https://winesofarmenia.store/en/. 

ArmInfo. The Executive Board of the International Monetary Fund (IMF) concluded the 2021 Article IV consultation as well as completed the fourth and fifth reviews of  the Republic of Armenia's economic program supported by a three-year  IMF Stand-By Arrangement (SBA). The completion of these reviews  allows the authorities to draw SDR 51.43 million (about US$ 72  million), according to an IMF report of December 17. 

ArmInfo.From January 1, 2022, Armenia will cease to be a beneficiary of the EU's GSP + system of trade preferences. In this regard, various opinions were voiced  about what consequences await Armenian producers with the termination  of the GSP + regime.

ArmInfo.The expected increase in electricity tariffs is, in fact, a consequence of the crisis in the Armenian energy system. Director of the Energy Security Institute, Doctor of Political Sciences Vahe Davtyan expressed this opinion in an  interview with ArmInfo correspondent.

ArmInfo.Chair of the RA NA Standing Committee on Economic Affairs Vahe Hakobyan, members Mkhitar Zakaryan and Hripsime Stambulyan met with members of the delegation led by the Iran-Armenia Parliamentary Friendship Group of the Majlis  of Iran Seyed Mahdi Farshadan. 

ArmInfo. Yesterday, chaired by the Prime Ministers of Armenia and Georgia Nikol Pashinyan and Irakli Garibashvili, the 11th sitting of the Intergovernmental  Commission on Economic Cooperation between the two countries took  place in Tbilisi. As the press service of the RA PM reports, the  event was attended by the heads of the bodies regulating foreign  policy, economy, defense and other spheres of the Governments of  Armenia and Georgia.

ArmInfo.The holding in Yerevan of the 11th meeting of the Intergovernmental Commission on Trade and Economic Cooperation between Armenia and Georgia at the  highest level testifies to the mutual readiness to strengthen and  develop especially friendly relations between the two countries.

ArmInfo. A new corridor between Iran, the Republic of Azerbaijan, Georgia, the Black Sea and Europe will be activated this week. Iran.ru reports this with reference to  Iranian Ambassador to Baku, Seyyed Abbas Mousavi.

ArmInfo. The debt burden of generating energy companies in Armenia leads to an increase in electricity tariffs. 

ArmInfo.Within December 13-17, 2021 upon the invitation of <Skoda JS> company Eduard Martirosyan, <HAEK> CJSC General Director, and Movses Vardanyan, As the official website of the ANPP reports, First Deputy General Director- ANPP Director  visited the Czech Republic.

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