Armenia occupied the 42nd place in the European business rating, composed by the the Union of European Chambers of Commerce and Industry (Eurochambres).
The Eurochambres study involves evaluating the overall business environment, legislation, government policies, social atmosphere, and conditions that may hinder the private sector.
Armenia has received 51 points in all these indicators.
The rating includes 46 countries. Each country is awarded a score on a 100-point scale. The highest point is given to the country with the best business environment.
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