US Senate votes overwhelmingly in favor of Montenegro’s accession to NATOWorld March 29, 5:24
Putin’s popularity in Russia ‘unfaltering’ — GallupRussian Politics & Diplomacy March 29, 5:19
Lavrov says he plays football once a week, goes rafting every yearSport March 29, 3:59
UK prime minister signs formal Brexit letter to Brussels — official photoWorld March 29, 1:26
Some 20 Topol-M, Yars mobile ICBM systems take part in massive Central Russian drillsMilitary & Defense March 28, 23:10
Russia clinches last-minute 3-3 draw with Belgium in friendly football match in SochiSport March 28, 21:40
Washington-based National Symphony Orchestra members excited to perform in RussiaSociety & Culture March 28, 21:36
'Gentlefan' continues: 'Angels' greet Belgium football fans ahead of Sochi gameSport March 28, 21:12
Scottish parliament backs new referendum on independenceWorld March 28, 20:42
YEREVAN, June 27. /TASS/. The governments of Russia and Armenia will launch a joint probe into the operation of Armenia’s electric power distribution company under an agreement achieved by Armenia’s President Serzh Sargsyan and Russia’s Transport Minister Maksim Sokolov.
The decision follows mass protest actions in Armenia’s capital Yerevan following plans for a rise in the price of electricity starting from August 1, 2015.
Sargsyan said Armenia had to resort to this unpopular measure due to the devaluation of the Armenian national currency and rising electricity production costs.
"In calculating the new tariffs the losses resulting from likely mistakes in running the company were not taken into account," Sargsyan said.