Statistics of Greek-Armenian Relations

Trade, Tourism, Residency

Analysis of Armenian external trade

Highlights of Armenian economy

Finances, Economic Activity

Armenia is located in the southwestern region of the Caucasus, at the crossroads of Europe and Asia.

Armenia declared independence on September 21, 1991, following the dissolution of the Soviet Union. The country consists of 11 provinces, with Yerevan as its capital, and takes the form of a parliamentary democracy. The official language is Armenian, although Russian is also widely used. The official religion is Christianity (Armenian Apostolic Church). The currency of Armenia is the dram (AMD).

Rankings

Index of Economic Freedom

2024

The Legatum Prosperity Index

2023

World Press Freedom Index

2024

Global Peace Index

2024

Ratings

Moody's

Ba3

stable outlook

Fitch

BB-

stable outlook

Standard & Poor's

BB-

stable outlook

Comprehensive & Enhanced Partnership Agreement

On 1 March 2021, the European Union-Armenia Comprehensive and Enhanced Partnership Agreement (CEPA) entered into force, while current membership in the Eurasian Economic Union (EAEU), makes Armenia an extremely interesting business destination for European companies.

Greek-Armenian relations have a long historical background and are associated with the coexistence of Greeks and Armenians during the Byzantine period and during the Ottoman Empire.

525 BC

Earliest reference to Armenia by the Greek historian and geographer Hecataeus of Miletus.

1992

Establishment of diplomatic relations between Greece and Armenia

1996

Greece officially recognized the Armenian Genocide.

2015

Armenia officially recognized the Pontian Genocide.

Greece is one of the first countries that have officially recognized the Armenian genocide committed by the Ottomans in 1915.

The two countries cooperate in the framework of international organizations (UN, OSCE, CoE, BSEC) while Greece strongly supports the further development of the EU's relations with Armenia.

There is Greek Embassy in Yerevan since 1993 and Armenian Embassy in Athens.

Armenia - Greece Trade Stats

Tourism Stats