The Azerbaijani army has made substantial territorial gains in the enclave of Nakhchivan, taking 11,000 hectares of land from Armenia, the defence ministry in Baku announced in a video posted on its website on June 20.
Latest forecasts include upward revisions for all three states, with the most comprehensive changes for Azerbaijan, which is recovering from a contraction caused by low oil prices.
Prices for apartments were down across the country, except in downtown Yerevan, says a new central bank report.
New data shows soaring numbers of adults with a bank account in several Eurasian nations but the percentage of the population with an account in the wider region varied hugely from 98% in Estonia and Slovenia to just 29% in Azerbaijan.
Remittances sent to Armenia from Russia by individuals increased by 14.6% y/y in 2017, central bank governor Arthur Javadyan said on May 28. A similar growth pace was seen in the first four months of this year, Javadyan added.