The existing nuclear power plant in Metsamor, 30 km from the capital Yerevan, was connected to the unified energy system after a scheduled repair.

Azerbaijan held grandiose celebrations to mark victory in a brief war to de-occupy territory held for 30 years by Armenia, but a formal peace eludes negotiators and violent incidents still punctuate the region.

S&P said that several risks to the recovery remained relevant, including if pandemic consequences linger, persistent inflation and higher interest rates, a change in current commodity price trends, and geopolitical tensions.

Azerbaijan held grandiose celebrations to mark victory in a brief war to de-occupy territory held for 30 years by Armenia, but a formal peace eludes negotiators and violent incidents still punctuate the region.