Armenia's economy will likely contract by 12 percent this year and resume positive growth next year, Prime Minister Tigran Sargsyan said on Wednesday, presenting his government's latest economic ou...

A leading international risk assessment agency lowered Armenia's debt rating by one notch late on Thursday, citing the severe impact of the global recession on the local economy.

Despite a more optimistic economic outlook that has been presented by Armenian government officials of late, the country's economy continued to decline in July amid a deepening fallout from the glo...

YEREVAN (RFE/RL)-The number of officially registered real estate transactions in Armenia jumped by 36 percent in June after months of rapid decline reflecting the ongoing economic crisis, the gover...