Trump's inaugural address: When America is united, America is totally unstoppableWorld January 20, 20:57
Hermitage chief: New Palmyra destruction comes across as militants' vengeanceRussian Politics & Diplomacy January 20, 20:29
Russia's first deputy PM wants to keep current tax system for next political cycleBusiness & Economy January 20, 19:53
Russia’s Shipulin clinches gold in 20km individual race of IBU World Cup stage in ItalySport January 20, 19:18
Prominent Russian adventurer Konyukhov to take samples from Mariana Trench floorSociety & Culture January 20, 19:15
Gazprom CEO says North Stream-2 pipeline proves relevanceBusiness & Economy January 20, 19:10
More survivors found in avalanche-hit Italian hotel — mediaWorld January 20, 18:48
Donald Trump takes office as 45th US PresidentWorld January 20, 18:21
Photos of the week: Trump in front of Lincoln, Miss Universe beauties and icy plungesSociety & Culture January 20, 18:21
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.