YEREVAN (RFE/RL), May 21–Armenia’s ongoing economic recovery accelerated further in April, with Gross Domestic Product increasing by 7.2 percent year on year during the first four months of this year, according to official statistics released on Thursday. The growth rate reported by the National Statistical Service (NSS) is up from the first-quarter level of 5.5 [...]

YEREVAN (Novosti Armenia), May 17–The European Bank for Reconstruction and Development (EBRD) predicts a 10 percent GDP growth in Armenia in 2010. The ERDB’s previous forecast for 2010 growth in Armenia was 2 percent. In its newly published regional economic prospects report the EBRD cites increased foreign remittances and a recent IMF program agreement as [...]