Armenian new president sworn in

YEREVAN, April 9. /ARKA/. Armen Sarkissian, the fourth Armenian president, was sworn in today in a special ceremony.

He vowed to be faithful to the Armenian Constitution, to be unbiased in performing his duties, to be guided only state and national interests and make every effort to unite the nation.

Sarkissyan was blessed by Catholicos Karekin II, the head of the Armenian Apostolic Church. Sarkissian is the first president elected by the country’s parliament. In accordance with the constitutional reforms approved by Armenia in 2015, the country is carrying out transition from presidential to parliamentary rule.

“As a prime minister and diplomat you have contributed a great deal to the establishment and development of our state, and today, taking the oath, you confirm your willingness to serve Armenian people and state,” Karekin II said.

He also thanked Serzh Sargsyan, Armen Sarkissian’s predecessor, for long years of working for “the development and prosperity of Armenian people and state”.

In his words, Serzh Sargsyan has contributed to improvement of Armenia’s reputation. –0—-

spot_img

POPULAR

Change in the Executive Management of Converse Bank

Yerevan, March 16, 2026. Converse Bank CJSC announces that Mr. Andranik Grigoryan will step down from his position as Chief Executive Officer of the Bank effective March 31, at his own request.

AI will be integrated into virtually all capital market processes in Armenia – expert

In Armenia, AI will be integrated into virtually all processes in one way or another, and where to begin depends on the specific objectives and current priorities of financial institutions, according to Arman Aleksanyan, co-founder and CEO of Eleveight AI.

Armenia to Raise OSAGO Payout Limits on April 1 – Reason Given

In Armenia, maximum payout limits for compulsory motor third-party liability insurance (OSAGO) will increase on April 1, 2026.

EDB: Cross-border remittance inflow to Armenia increased to $5.9 billion in 2025, net inflow by 8.6%

Cross-border remittance inflow to Armenia increased by 2.4% year-on-year in 2025, reaching $5.9 billion, according to the Eurasian Development Bank's March macroeconomic review.

Cryptoasset regulation in Armenia is quite conservative, and the market lacks a unified goal – Eleveight AI co-founder

Cryptoasset regulation in Armenia can be characterized as quite conservative, and some market participants believe this could hinder the industry's development, noted Arman Aleksanyan, co-founder and CEO of Eleveight AI.

LATEST NEWS

spot_imgspot_imgspot_img