Banking & Finance
47 articles found
Comprehensive Guide to Obtaining a Work Permit in Armenia in 2024
What Are the Requirements for Obtaining an Armenia Work Permit in 2024?To obtain a work permit in Armenia, a foreigner must meet the following basicrequirements: To obtain a work permit in Armenia, a foreigner must meet the following basicrequirements: In addition to these general requirements, the potential position in the employer’scompany may impose specific qualifications …
ARMENIA’S BANKING TIGHTROPE: BALANCING BETWEEN EU SANCTIONS AND RUSSIAN RELATIONS
Armenia’s Banking Tightrope: Balancing Between EU Sanctions and Russian Relations Why are Armenian banks hesitant to facilitate fund transfers for ordinary businessmen? In 2014, the European Union adopted Council Regulation No. 833/2014 (“Regulation”), imposing sanctions against Russia for well-known political reasons. Nearly a decade later, the regulation remains in effect, though its content and rules …