The Armenian banking sector is booming thanks to the influx of Russian capital due to the war in Ukraine. But only a paltry amount is entering the Armenian economy.
Tension between the two sides has been exacerbated by continuing disagreement of the nature of a road that would connect the two parts of Azerbaijan through Armenian territory.
Prosecutors have begun to file lawsuits based on the country’s new unexplained wealth law, targeting assets from allegedly corrupt former officials. But is the process politicized?