Controversial Subsidy: Businessman Narek Nalbandyan’s Company Receives 17 Million Drams from European Union for Summit Services

Newly appointed businessman Narek Nalbandyan’s company receives a 17 million drams subsidy from the EU delegation in Armenia. The subsidy was for services provided during the Eastern Partnership Summit held at the “Golden Palace” hotel in Tsaghkadzor. Questions are being raised about the selection process and the hotel’s affiliation with Nalbandyan.