Armenia: Eurasian Union Malaise Puts Government in Budget Hole

Armenian President Serzh Sargsyan reviews the delivery of 49 new vehicles to the country’s HayPost postal service on June 14, 2014. In May 2015, the Armenian government passed a bill to privatize several companies, including HayPost. (Photo: Armenian Presidential Press Service)

The expected economic benefits of membership in the Eurasian Economic Union are not materializing for Armenia. One way Armenian leaders are apparently hoping to offset looming shortfalls is by privatizing the postal service.
 

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Marianna Grigoryan is a freelance reporter based in Yerevan and editor of MediaLab.am.

Armenia: Eurasian Union Malaise Puts Government in Budget Hole

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