CivilNet: Armenia’s real estate prices rise by 40% since Russian influx

Emil Lazarian 2022
CIVILNET.AM

23 Mar, 2022 10:03

  • The EU has urged Azerbaijan to resume the gas supply to Nagorno-Karabakh.
  • Real estate prices have risen by an average of 40% due to the influx of Russians, Ukrainians and Belarusians into Armenia.
  • The Armenian government is negotiating with the Central Bank of Russia to allow more trading to be conducted in Armenian Drams, according to Economy Minister Vahan Kerobyan.

Disclaimer: This article was contributed and translated into English by Emil Lazarian. While we strive for quality, the views and accuracy of the content remain the responsibility of the contributor. Please verify all facts independently before reposting or citing.

Direct link to this article: https://www.armenianclub.com/2022/03/24/civilnet-armenias-real-estate-prices-rise-by-40-since-russian-influx/

Emil Lazarian

“I should like to see any power of the world destroy this race, this small tribe of unimportant people, whose wars have all been fought and lost, whose structures have crumbled, literature is unread, music is unheard, and prayers are no more answered. Go ahead, destroy Armenia . See if you can do it. Send them into the desert without bread or water. Burn their homes and churches. Then see if they will not laugh, sing and pray again. For when two of them meet anywhere in the world, see if they will not create a New Armenia.” - WS