PoliticsRussia questions Yerevan’s justifications for nationalizing Electric Networks of Armenia
Russian Deputy Foreign Minister Mikhail Galuzin said Yerevan’s stated reasons for nationalizing Electric Networks of Armenia—fighting corruption, recovering allegedly illicitly acquired funds and improving efficiency—were highly questionable. He argued that the move looked more like a politically motivated crackdown on a domestic rival.
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TASS★★★☆☆2026-09-18 14:06Original
Russia questions Yerevan’s justifications for nationalizing Electric Networks of Armenia