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.

ArmInfo.

ArmInfo. The Central Bank of Armenia and the German KfW Development Bank on December 20 signed a loan agreement for 70 million euros for the implementation of the 3rd stage of the financing program for small and medium-sized businesses  in Armenia. This amount is essentially the largest in the period of  the Armenian-German intergovernmental cooperation under this program.   This is stated in the message of the Central Bank of the Republic of  Armenia, where it is noted that in addition to the agreement,  technical support is provided.

ArmInfo.The Armenian government will allocate 155 million drams for a project implemented with the United Nations Development Program (UNDP) to create an  accelerator for the development of women's entrepreneurship and  women's employment in Armenia.  Minister of Economy of Armenia Vahan  Kerobyan and UNDP Resident Representative in Armenia Natia  Natsvlishvili discussed this during the meeting.

ArmInfo. From December 13 to December 17, dollar transactions in the foreign exchange interbank of Armenia increased by 37.2%, after falling by 2.4% in the previous week (from December 6-10).

ArmInfo. The number of vehicles with a compulsory motor third party liability insurance (CMPTL) policy in Armenia is gradually recovering its growth rates,  which allows the growth of fees to gain momentum.

ArmInfo. By December 10, 2021, the tax revenues of Armenia`s consolidate budget had totaled AMD 1,438.6bln (over $ 3,003,514,000), 13.9% (AMD 175.3bln) more than in  the corresponding period of last year. 

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ArmInfo. FLYONE ARMENIA has canceled all flights to Russian cities scheduled from December 20 to January 31. According to the company's statement, such a decision was  made due to circumstances beyond the company's control.