A report from the Russia-led Eurasian Economic Union argues that dropping Armenia from the bloc would cause severe economic harm to Yerevan. It says the fallout for the EAEU's other members would be comparatively limited. The claim places Armenia's future directly in the middle of a choice between Moscow's bloc and closer ties with the European Union. Armenia is currently seeking EU membership, which has made its relationship with the EAEU more unsettled. The report presents the cost of a rupture as especially heavy for the Armenian capital while minimizing the consequences for the remaining states. It does not provide details in the short account about the economic measures behind that assessment. The publication therefore frames Armenia's EU bid as a decision with consequences far beyond bilateral relations.