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Electric power tariffs rise for population of Armenia on 1 August

Audit Chamber of Armenia calls silly statement claiming that ex-head of Pension Fund 'paid' $250,000 to Audit Chamber's leadership

Orange Foundation helps opening a new computer center in Pemzashen village, Shirak marz

Nominee for U.S. ambassador to Turkey: "Facilitating Armenia's regional integration by opening its border with Turkey will be one of my key goals as Ambassador"

Georgi Kolarov: The second Nagorno-Karabakh war is inevitable

Russian Embassy in Armenia gives a harsh response to the U.S. Embassy

Participants in Beeline's Fortune drawing campaign awarded prizes

Yerevan-Sevan-Ijevan-Azeri border highway to be open in late August

Armenian FM: Through its destructive stance Azerbaijan hinders the Nagorno-Karabakh peace progress

Up to 45% of Armenian citizens are potential emigrants

US Embassy urges Armenian businessmen to refrain from contacts with Russian companies

A leopard family in the south of Armenia gives birth to two cubs

Two Armenian soldiers die because of the Azerbaijani sabotage attack at the line of contact

Human rights activist Leyla and Arif Yunus are accused of secret collaboration with Armenian special services

Member-churches of World Council of Churches going to recognize Armenian Genocide in 2015

NKR foreign minister: Nagorno-Karabakh is where Europe begins

On Aug 2 South Caucasus Railway's commuter trains will be free of charge all over Armenia

Worker killed by a rock fall at perlite deposit in Aragatsavan

Azeris continue firing at Armenia's borderline villages

Serzh Sargsyan: OSCE Minsk Group has suggested principles that can serve as pivot for settling Nagorno-Karabakh conflict

Paruyr Hayrikyan: Armenia and Ukraine have a common "frenemy" in the person of Russia

Electric Networks of Armenia is going to dispute Public Services Regulatory Commission's decision to impose a 15mln AMD fine on it

Economist: In face of economic sanctions against Russia, it is necessary to speed up the process for creating Eurasian Economic Union

Economist: The West's sanctions against Russia will affect the Armenian economy

Rostelecom launches online payment service

Public Services Regulatory Commission of Armenia imposes a 15mln AMD fine on Electric Networks of Armenia

Oppositionist: Interests and viewpoints of Stepanakert do not necessarily coincide with those of Yerevan

Oppositionist: Interests and viewpoints of Stepanakert do not necessarily coincide with those of Yerevan

Ashot Manuicharyan: Armenian President's function is to answer "yes, sir!" and to go do it

Deputy Prime Minister of Azerbaijan criticizes the ICRC again

Nature protection minister charges to resolve problems of several tailing dumps on Syunik region

Official stance of VTB Bank OJSC and VTB Bank (Armenia) CJSC on U.S. sanctions

RPA member: Nagorno-Karabakh Prime Minister's statement had no message to negotiators

Ashot Manucharyan: Armenia may face chaos or isolation at any moment

Armenia joins World Day against Trafficking in Persons

Lake Sevan is among top ten attractions in post-Soviet preferred by Russian people

Leyla Yunus is at Prosecutor General's Office, Arif Yunus decides to "give up"

Pre-Parliament: The overarching goal for all Armenians is the formation of a representative government in Armenia

The OSCE is ready to assist in any way possible to stop the cease-fire violations in karabakh conflict zone, Andrzej Kasprzyk says

US Department of State: Media outlets of Armenia published inaccurate articles portraying religious minorities as criminals and spies

Levon Hayrapetyan loses consciousness on Wednesday morning

Public Services Regulatory Commission decides to reduce tariffs of some services of ArmenTel CJSC

Poaching and illegal hunting tours endanger birds in Armenia

The NKR premier: The Madrid Principles are certainly unacceptable to us

Armenian Copper Programme cuts blister copper production by 13.5%

VTB Bank (Armenia) confirms its leadership in lending

EY takes employees of Armenian ancestry back to their roots

Levon Hayraptyan's health much worse

Vahagn Hovnanyan: Oligarchs have full control of Armenian economy

John Heffern believes that Nagorno-Karabakh conflict can be resolved only through peaceful talks

Ruslan Grinberg: For consolidation of the post-Soviet area Russia should seriously have a fit of generosity

  • by Nana Martirosyan

  • Monday, March 24, 17:19

 If Russia wants consolidation of the post-Soviet area, it should seriously have a fit of generosity, Director of the Economy Institute under Russian Academy of Science, Ruslan Grinberg, said at today's televised bridge Yerevan-Moscow. 

He said that for the last twenty years the countries of the post-Soviet area, including Armenia, have been cooperating with Russia according to the principle of maximal economic benefit and minimal political duties. But this order may change after formation of the Customs Union. "As for the Russian Federation, it has a big brother syndrome, saying that, of course, the post-Soviet countries are independent, but I am the head cook and bottle washer", - he said.   He  also added that the country which wants to become an integration center, should be ready to pay for that. "The USA is often blamed for giving grants to developing countries. But if we watch it from the integration point of view, it is a right step, and Russian Federation lags behind that", - he emphasized. He also added that for consolidation of the post-Soviet area, Russia should offer an international economic policy within the frames of EuAsEC. 

For his part, Director of the Caucasus Institute, Aleksandr Iskandaryan, said that Russia is like a security umbrella for Armenia in the military and political as well as economic and energy sense. He also added that Russia needs Armenia as much as Armenia needs Russia. "So, Russia has to understand that if it decided to become an influential country in the South Caucasus, it should spend certain sums", - he concluded.

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