YEREVAN, JUNE 29, NOYAN TAPAN. Within the framework of its anticrisis measures, the Armenian government will provide credits of 44 million USD to three big enterprises
YEREVAN, JUNE 29, NOYAN TAPAN. ArmenTel company opened its 60th sale and service office near Republic Square in Yerevan on June 26. The opening ceremony was
YEREVAN, JUNE 29, NOYAN TAPAN. Starting from June 29, ArmSwissBank CJSC will continue its activities in a newly-built building at 10 V. Sargsyan Street in Yerevan.
LOS ANGELES, JUNE 29, NOYAN TAPAN - ARMENIANS TODAY. At the June 25 luncheon-reception in Los Angeles, Armenian Consul in L.A. Grigor Hovhannisian and Mexican Consul
YEREVAN, JUNE 24, NOYAN TAPAN. Within the framework of the agreement on cooperation with Universal Communications (UCOM), Ericsson presents a high-quality interactive television to the Armenian viewer.
YEREVAN, JUNE 24, NOYAN TAPAN. Executive Director of "Hayastan" All-Armenian Fund Ara Vardanian, Executive Director of Synopsys Armenia company Hovik Musaelian, and Director General of VivaCell-MTS company
YEREVAN, JUNE 23, NOYAN TAPAN. The process of the construction work being done by Glendale Hills CJSC in Lori and Shirak marzes (provinces) was discussed at
YEREVAN, JUNE 23, NOYAN TAPAN. A work entitled "The Trade and Economic Problems of Reopening the Roads between Armenia and Turkey" was presented at the ARF
YEREVAN, JUNE 23, NOYAN TAPAN. The Agreement on Air Communication (Open Sky), which was signed between the governments of the Republic of Armenia and the U.S.
YEREVAN, JUNE 23, NOYAN TAPAN. Armenia should form its stance and a negotiation position on reopening the Armenian-Turkish border, develop the respective package of reforms and their
Natural gas supply to Armenia was restored on June 21 from 13:15. It had been temporarily stopped due to the junction work of the newly built
YEREVAN, JUNE 19, NOYAN TAPAN. There are great prospects of developing the wine-making sector in Armenia, but the free market and business have their own rules
YEREVAN, JUNE 19, NOYAN TAPAN. Real GDP of Armenia in January-May 2009 made up 84.3% of the country's GDP in the same period of last year
YEREVAN, JUNE 18, NOYAN TAPAN. This summer will be a period of hard work for the Armenian government members so the ministers, deputy ministers and heads
YEREVAN, JUNE 18, NOYAN TAPAN. The Armenian government has proclaimed tourism a priority sector of the economy, and it is taking steps to turn the country
YEREVAN, JUNE 18, NOYAN TAPAN. Tax collection is currently the number one problem of the Armenian government. Prime Minister Tigran Sargsyan said at the June 18
YEREVAN, JUNE 18, NOYAN TAPAN. An Armenian-Syrian business forum with the participation of more than 160 businessmen from both countries was held on June 18. Chairman
YEREVAN, JUNE 18, NOYAN TAPAN. "The visit to Armenia has a great significance for us, as we know Armenian culture but we are not well informed
YEREVAN, JUNE 18, NOYAN TAPAN. In conditions of the current political and economic realities, Armenia and Syria build warm and dynamically developing relations of a new
YEREVAN, JUNE 17, NOYAN TAPAN. The presentation of the World Bank's Report on the Observance of Standards and Codes, Accounting and Audit took place in Yerevan
YEREVAN, JUNE 17, NOYAN TAPAN. Armenia's economy is able and should develop by its own regularities and independently overcome the financial-economic crisis. Economist, Adviser to RA NA
YEREVAN, JUNE 16, NOYAN TAPAN. The Armenian economy can and must develop by its own patterns and overcome the financial and economic crisis on its own,
YEREVAN, JUNE 16, NOYAN TAPAN. Armenia has not received so far any official letter on the June 10 decision of the Millennium Challenge Corporation (MCC) Board
YEREVAN, JUNE 16, NOYAN TAPAN. Information technology services of 6bn 374m drams (about 17.67m USD) were provided in Armenia in January-April 2009, which exceeded by 7.2%
YEREVAN, JUNE 15, NOYAN TAPAN. At the 15 special sitting, Armenia's State Commission for the Protection of Economic Competition initiated proceedings in the gasoline market. According to
LAS VEGAS, JUNE 15, NOYAN TAPAN - ARMENIANS TODAY. Alex Yemenidjian, the President of Armenian American billionaire Kirk Kerkorian's MGM Grand company, is likely to assume
DELHI, JUNE 15, NOYAN TAPAN. The April-May periodical of India-CIS Trade and Economic Chamber has been released. Its main focus is Armenia.
YEREVAN, JUNE 15, NOYAN TAPAN. The gas and transport company of Georgia officially informed ArmRusgazprom CJSC that the natural gas supply of Armenia will be suspended
YEREVAN, JUNE 15, NOYAN TAPAN. 50 million 700 thousand 774 US dollars were purchased by the banks at the average exchange rate of 369.48 drams per
YEREVAN, JUNE 12, NOYAN TAPAN. Armenia has considerable resources for the development of alternative tourism, and it is envisaged developing spa, winter, scientific tourism and adventure travel
YEREVAN, JUNE 12, NOYAN TAPAN. The Agreement between the Government of the Republic of Armenia and the Government of the Russian Federation on the Provision of
YEREVAN, JUNE 12, NOYAN TAPAN. With the aim of promoting small and medium business ProCredit Bank offers new terms for business credits in the period of
YEREVAN, JUNE 12, NOYAN TAPAN. Despite the global financial and economic crisis, a growth of tourism is expected in Armenia. Head of the Tourism and Territorial
YEREVAN, JUNE 12, NOYAN TAPAN. At the June 12 meeting, Armenian President Serzh Sargsyan and Chairman of Russian Railways OJSC - the concessionary manager of the
YEREVAN, JUNE 12, NOYAN TAPAN. An one-hour documentary presenting the history, culture and tourist opportunities of Armenia has been shot with the purpose of advertizing the country's
NEW YORK, JUNE 12, NOYAN TAPAN - ARMENIANS TODAY. The New York Times on June 11 addressed the losses sustained by 92-year-old billionaire of Armenian descent
YEREVAN, JUNE 12, NOYAN TAPAN. The tax package, which is being discussed at the RA National Assembly and envisages the constant presence of a tax inspector
YEREVAN, JUNE 12, NOYAN TAPAN. The delegation headed by Armenian Minister of Transport and Communication Gurgen Sargsyan will participate in the annual session of the TRACECA Intergovernmental
YEREVAN, JUNE 11, NOYAN TAPAN. Sorcio company plans to increase its production volumes by late 2009 with the assistance of 125 million drams (about 403.8 thousand
YEREVAN, JUNE 10, NOYAN TAPAN. The rumors spread by Turkish sources that money is transferred to the Kurdistan Workers' Party (PKK) through Armenian banks are fabricated
YEREVAN, JUNE 10, NOYAN TAPAN. By not making real investments, Geopromining company - the owner of Agarak Copper and Molybdenum Enterprise has brought the enterprise to
YEREVAN, JUNE 10, NOYAN TAPAN. A discussion on the subject "The Current State, Programs and Opportunities of Financing of Small and Medium Enterprises" was held in
YEREVAN, JUNE 10, NOYAN TAPAN. The first tranche of 25-30 million USD of the World Bank's 500 million-dollar stabilization credit will be soon transferred to Armenia.
YEREVAN, JUNE 10, NOYAN TAPAN. The working group on development of the radioactive waste management strategy on June 10 held its first sitting conducted by Secretary
YEREVAN, JUNE 10, NOYAN TAPAN. Armenian President Serzh Sargsyan on June 9 signed a decree on appointment of Shiraz Kirakosian a member of the RA Public
YEREVAN, JUNE 10, NOYAN TAPAN. The Armenian government on June 10 proposed postponing the vote on the package of tax amendments at the National Assembly for
YEREVAN, JUNE 9, NOYAN TAPAN. At the June 9 sitting, the Central Bank of Armenia (CBA) made a decision to reduce the refinancing rate by 0.25%
YEREVAN, JUNE 9, NOYAN TAPAN. The speaker of the RA National Assembly Hovik Abrahamian stated at the June 9 sitting that the vote on the package
YEREVAN, JUNE 9, NOYAN TAPAN. The bill envisaging the constant presence of a tax inspector at a big enterprise is anticonstitutional and conflicts with liberal values.
YEREVAN, JUNE 9, NOYAN TAPAN. Receiving Vice President of France Telecom Orange company Olaf Swantee and Director General of Orange Armenia Bruno Dutois on June 9,
YEREVAN, JUNE 9, NOYAN TAPAN. The National Assembly of the RA on June 9 approved the annual report on implementation of the 2008 state budget with
YEREVAN, JUNE 9, NOYAN TAPAN. Orange Armenia company will start providing Internet and mobile communication services in the last quarter of this year, Orange company's Vice
YEREVAN, JUNE 9, NOYAN TAPAN. The seminar "Public Internal Financial Control (PIFC) in the EU and Armenia" was held in Yerevan on June 9 on the
MOSCOW, JUNE 8, NOYAN TAPAN. Synopsys company, a world leader in electronic design automation software for semiconductor design, and Moscow Institute of Electronic Technique (MIET) have reached
ABAKAN, JUNE 8, NOYAN TAPAN - ARMENIANS TODAY. Serzh Adamian on June 4 was re-elected Chairman of the Chamber of Commerce and Industry (CCI) of the
YEREVAN, JUNE 8, NOYAN TAPAN. The RA National Assembly on June 8 passed in first reading the bill on amendments and additions to the Law on
YEREVAN, JUNE 8, NOYAN TAPAN. As of June 5, 38 tons of sweet cherry was exported from Armenia, which was by 4 tons more than in
YEREVAN, JUNE 8, NOYAN TAPAN. Armenian Prime Minister Tigran Sargsyan on June 5 took part in the opening ceremony of the program of lectures entitled "The
YEREVAN, JUNE 5, NOYAN TAPAN. Zangezur Copper and Molybdenum Enterprise (ZCME) has paid off the 10 million-dollar credit received from Armenian government, RA Minister of Finance Tigran
YEREVAN, JUNE 5, NOYAN TAPAN. The passivity of banks in the provision of consumer credits is a phenomenon typical of not only the Armenian banking system.
YEREVAN, JUNE 5, NOYAN TAPAN. At the June 4 sitting, the Armenian government took a decision to make changes in the government decision of July 12,
YEREVAN, JUNE 5, NOYAN TAPAN. The construction work of the new power unit of Yerevan Thermal Power Plant (TPP) is proceeding according to the schedule, and
YEREVAN, JUNE 5, NOYAN TAPAN. 4.5 billion USD will be spent on construction of the new nuclear power plant in Armenia. RA Minister of Energy and
YEREVAN, JUNE 5, NOYAN TAPAN. Modernization of Armenian railway continues and large-scale changes will be made this year as well, Director General of South Caucasus Railways
YEREVAN, JUNE 4, NOYAN TAPAN. The Pan-Armenian Expo 3rd International Universal Exhibition will be held between October 23 to 25 at Yerevan K. Demirchian Sports and
YEREVAN, JUNE 3, NOYAN TAPAN. On June 2, the RA National Assembly ratified the agreement signed between the RA and RF governments on 2009 May 20
YEREVAN, JUNE 3, NOYAN TAPAN. RA President Serzh Sargsyan met with Chairman of the American International Airports company Eduardo Ernekian on June 2. It was mentioned
YEREVAN, JUNE 3, NOYAN TAPAN. In 2008 the RA Ministry of Diaspora spent 80m of 101m drams allocated to it. Minister of Diaspora Hranush Hakobian reported
YEREVAN, MAY 30, NOYAN TAPAN. The National Assembly of the RA on May 21 began discussing in first reading the package of quite contentious bills (submitted
YEREVAN, MAY 30, NOYAN TAPAN. At the May 21 sitting, the Armenian government approved the bill on amendments to the Law on Profit Tax and the
YEREVAN, MAY 29, NOYAN TAPAN. There are now two crises in Armenia, one of which is conditioned by the impact of the global financial and economic
YEREVAN, MAY 30, NOYAN TAPAN. The decline of Armenian economy will make 7-12% in late 2009. However, as the former prime minister of Armenia, head of
YEREVAN, MAY 30, NOYAN TAPAN. The consumer price index made 103.4% in Armenia in May 2009 compared to May 2008, including the index of food commodities
YEREVAN, MAY 30, NOYAN TAPAN. By instruction of the Armenian president, the Armenian government on May 29 will take an unprecedented decision, whose purpose is to
Yerevan , May 26, Noyan Tapan. USD 30 million out of half billion of Russia's loan will be directed to support the small-to-medium business development in Armenia. In
Yerevan, May 26, Noyan Tapan. The current world financial and economic crisis is the first global recession, and no country can escape its impact, told Sergei Aleksashenko, former
Yerevan, Noyan Tapan, May 25. On the initiative of Policy Forum Armenia, an economic forum started at the American University of Armenia on May 25 with a goal to
YEREVAN, MAY 22. NOYAN TAPAN. At the May 19 sitting, the National Security Council of the RA heard the RA Minister of Energy and Natural
YEREVAN, MAY 22, NOYAN TAPAN. Armenia's GDP declined by 9.7% in January-April 2009 on the same period of 2008 and amounted to 638bn 939m drams (more
Yerevan, May 18, Noyan Tapan. Over the first quarter of this year Armenia's state budget spending reached 153.4 billion drams (USD 411.8 million), which is 10.4 per cent more
Yerevan, May 17, Noyan Tapan. Students of the State Engineering University of Armenia Elena Kosolapova and Nina Azizyan were awarded first degree diplomas in the competition of Kasperski Lab
Yerevan, May 17, Noyan Tapan, Armenian Datacom Company CJSC (ADC) has reduced its monthly fees for Internet office mini services, a broadband Intenet access specially designed for small and
Yerevan, May 16, Noyan Tapan. A regular meeting of the Armenian-American intergovernmental working group was held in Yerevan on May 13. A number of issues related to regional integration
Yerevan, May 15, Noyan Tapan. Armenia’s Central Bank Council reduced the refinancing interest rate by 0.25 percentage point to 7.25 per cent. As the CB public relation department reported,
YEREVAN, MAY 8, NOYAN TAPAN. Virage Logic company (U.S), a leader in the development of intellectual property of semi-conductor equipment memory components, in early 2009 moved the
YEREVAN, MAY 8, NOYAN TAPAN. In 2009 January-March RA state budget's revenues made nearly 139.8bn drams and expenditures 153.4bn drams, on the line of which 103.1%
YEREVAN, MAY 8, NOYAN TAPAN. Nearly 90% Armenian businessmen said that the crisis has already had an impact on their company's activity and only 5% think
YEREVAN, MAY 8, NOYAN TAPAN. The Economy and Values Research Center in April-May conducted study Situational Estimation of Economic Crisis Impact on Armenia's Economy. The study results
STEPANAKERT, MAY 8, NOYAN TAPAN. An Artsakh web page is launched at the website of the Berlin International Tourism Exhibition (ITB), (www.virtualmarket.itb-berlin.de). It provides corresponding information on
YEREVAN, MAY 5, NOYAN TAPAN. The second operator of the mobile communication market of Armenia French Orange projects to invest 75 million USD in the
YEREVAN, MAY 4, NOYAN TAPAN. Price for petrol decreased by 20.3% and for diesel fuel by 25.6% in 2009 April compared with 2008 April.
YEREVAN, APRIL 30, NOYAN TAPAN. "The swine flu infection spreads very quickly, it transmits from one person to another, therefore we are ready in advance
Yerevan, April 30, Noyan Tapan. The world economic and financial crisis will reach its peak by the end of this year, told the minister of economy of Armenia
Yerevan, April 30, Noyan Tapan, To explore the impact of the global economic crisis on Armenia, the Armenian International Policy Research Group (AIPRG) with support of the RA
Yerevan, April 29, Noyan Tapan. After more than 4-month-long idleness the Nairit Chemical Plant will resume production of rubber on basis of chloroprene technology at its full
Yerevan, April 29, Noyan Tapan: The «Nairit Plant» CJS Company intends to launch a butadiene-based production of rubber by the end of 2009. Currently, acetylene-chloroprene-based technology
Yerevan, April 22, Noyan Tapan. Within the first quarter of this year the economic growth of Armenia reached 93.9 per cent, which means 6.1 per cent
Yerevan, April 17, Noyan Tapan. Additional half to one billion dram may be allocated to social payments, said Armen Hambardzumian, Minister of Labor and Social
YEREVAN, April 17. Noyan Tapan. The Armenian Water-Sewerage Company has encountered difficult problems since the beginning of the year due to the global economic and financial
Yerevan, April 16, Noyan Tapan. Over January-February of 2009 the volume of services in the sphere of IT (computer and related activities) reached 3 billion 184.6
Yerevan, April 14, Noyan Tapan. The president of Armenia Serzh Sargsian welcomed on April 11 the newly appointed regional head of Middle East and Central Asia
Yerevan, April 14, Noyan Tapan. Armenia's GDP declined by 3.7 per cent within January-February 2009 compared with the same period of last year, told Armenia's minister
YEREVAN, April 14, Noyan Tapan. With support of the OSCE Yerevan's Office the Armenian State Commission on Protection of Economic Competition will carry out the "Anti-Competitive Agreements:
Yerevan, April 14, Noyan Tapan. A new yield management tool for designing microelectronic products was developed by engineers of Synopsis-Armenia, one of the main branches of Synopsis
Yerevan, April 14, Noyan Tapan. The Government of Armenia approved the 2009 Program of state support to the work of Gyumry Techno Park on April 9
Yerevan, April 8, Noyan Tapan: Requiring from private taxi drivers to get out of use vehicles used longer than 10 years, the government does not raise
Yerevan, 14 April, Noyan Tapan. A workshop devoted to IT Solutions for tourism industry was organized on April 14 in Yerevan by the USAID funded Competitive
Yerevan, April 10, Noyan Tapan. The purpose of the meeting called by the prime minister Tigran Sargsian on April 8 was to discuss the current economic situation with domestic producers and to
Yerevan, April 10, Noyan Tapan. "Entertainment and leisure EXPO 2009" first international specialized exhibition will launch on 2-4 May at "Moscow House" in Yerevan. The
Yerevan, April 10, Noyan Tapan: On April 7 the National Assembly of Armenia adopted several draft laws and legislative packages, discussed on the previous day.
Yerevan, April 10, Noyan Tapan. Millennium Challenges Foundation regards two spheres: implementation of Armenia's program and its correspondence to requirements of the corporation, including the fight against corruption, told Alex Rasin, Director
YEREVAN, APRIL 8, NOYAN TAPAN. Irrespectively of developments on the financial market, Ameriabank will pay annual bonuses to encourage its personnel. The Board of Directors of the
YEREVAN, APRIL 7, NOYAN TAPAN. LSOFT Ltd has been working in the IT market since 1995. One of the main tendencies of actions is the developing
Yerevan, April 4 Noyan Tapan. 500 million USD credit of Russia will be given to Armenia according to schedule. Currently, a new variant of a changed
Yerevan, April 4, Noyan Tapan. The World economic and financial crisis give rise to deepen and tighten bilateral relationship, which will strengthen both Armenia's and Iran's resistibility
Yerevan, April 3, Noyan Tapan. Armenia-Sweden business seminar started in Yerevan on April 2. Delegatation headed by state secretary on trade issues of Sweden Gunman
Yerevan, April 3, Noyan Tapan. Encouraging Regional Cooperation through Information Technology two day conference started its work on April 2 in Yerevan. Representatives of information
Yervan, April 2, Noyan Tapan. 2.2 per cent of total drop in prices of non-food commodities over January-February this year was followed by the 1.4
Yervan, April 2, Noyan Tapan The Consumer Price Index in March 2009 compared with December 2008 reached 100,7 per cent, including index of food goods (including
Kapan, April 2, Noyan Tapan. Robert Fallerta, General Director of the Deno Gold Mining company CJSC, former Kapan ore processing enterprise, announced at the press-conference
Yervan, April 2, Noyan Tapan: The WB program of access to finance for small-to-medium businesses of Armenia was launched on March 31. This is the first
Yervan, April 2, Noyan Tapan: Ameriabank organized a presentation on leasing services on March 30-31. Big businessmen operating in different spheres of economy, importers of vehicles, industrial,
Yerevan, April 2, Noyan Tapan. Armenia's Prime Minister Tigran Sargsian participated in the launching of the orbital receiving station at the Center of Geodesy and Cartography
YEREVAN, APRIL 1, NOYAN TAPAN. The order of Giving a Possibility to Present Opinions by Society on CBA Draft Normative Legal Acts came in force from
WASHINGTON, MARCH 27, NOYAN TAPAN. A 10 million-dollar credit agreement was signed between Ardshininvestbank and WorldBusiness Capital Inc. (the U.S.) at the Armenian embassy in Washington on
YEREVAN, MARCH 27, NOYAN TAPAN. Issues related to Armenia's chairmanship of the Black Sea Economic Cooperation Organization (BSEC) were discussed at the March 27 meeting of
YEREVAN, MARCH 27, NOYAN TAPAN. A meeting of transport ministers of member states of the Black Sea Economic Cooperation Organization (BSEC) took place in Yerevan on
YEREVAN, MARCH 26, NOYAN TAPAN. The Director General of ACBA-Credit Agricole Bank Stepan Gishian received a French National Order of Merit on March 26. The French
YEREVAN, MARCH 26, NOYAN TAPAN. The operation of itel.am website is important from the point of view that users will have the opportunity to learn news
YEREVAN, MARCH 26, NOYAN TAPAN. The two biggest operators in Armenia's communication sector - K-Telecom and ArmenTel companies discuss the problem of reviewing the conditions of connecting
YEREVAN, MARCH 26, NOYAN TAPAN. K-Telecom company, an operator in Armenia's communication sector, will not delay the terms of implementation of its programs, Director General of K-Telecom
YEREVAN, MARCH 25, NOYAN TAPAN. The opportunities and prospects of Armenia's further cooperation with the World Bank under conditions of the global financial and economic crisis were
YEREVAN, MARCH 25, NOYAN TAPAN. The start of Virage Logic company's Giant Scale Integration Electronic Circuit Design and Test Program at the IT Educational and Research
YEREVAN, MARCH 25, NOYAN TAPAN. During the March 24 meeting with the Executive Director of the World Bank Rudolf Jan Treffers, RA Minister of Economy Nerses
YEREVAN, MARCH 24, NOYAN TAPAN. At the March 20 court sitting of the RA Administrative Court, Nairit chemical plant, whose debt to Electric Networks of Armenia
YEREVAN, MARCH 24, NOYAN TAPAN. The implementation of the programs of Unireso insurance company and Gegamet mining company proceeds according to the schedule. Responding to NT correspondent's
YEREVAN, MARCH 24, NOYAN TAPAN. Since 2004 the quality of drinking water has improved in Armenia thanks to implementation of the 23 million-dollar Community Water Supply
YEREVAN, MARCH 24, NOYAN TAPAN. The 8th international exhibition "Health Care and Pharmaceutics. Expo 2009" will be organized by Logos Expo Center company with the assistance
YEREVAN, MARCH 20, NOYAN TAPAN. The presentation of distribution of Artsakh Hydro-Power Plant (HPP) OJSC's securities took place at Yerevan's Marriott-Armenia Hotel on March 20. The event
YEREVAN, MARCH 20, NOYAN TAPAN. A regular - 5th meeting of energy ministers of the Black Sea Economic Cooperation Organization (BSEC) member states was held in
YEREVAN, MARCH 20, NOYAN TAPAN. After 7 years of successful activities, Unibank continues its growth process. In 2008 the bank strengthened its positions in Armenia's deposit
YEREVAN, MARCH 20, NOYAN TAPAN. The exchange rate of the national currency against foreign currency should form in a market way rather than by extensive regulation.
YEREVAN, MARCH 20, NOYAN TAPAN. Armenia's GDP declined 3.7% in January-February 2009 on the same period of last year and made 282 billion 159.7 million drams
YEREVAN, MARCH 20, NOYAN TAPAN. Over 15 million USD was invested by the Amirian Plaza business and cultural center construction project, while the total amount of
YEREVAN, MARCH 19, NOYAN TAPAN. The Adminstrative Court of Armenia presided over by Judge Artsrun Mirzoyan on March 19 invalidated the auction of compulsory sale of
YEREVAN, MARCH 19, NOYAN TAPAN. In the current economic situation, Ameriabank continues using modern programs in Armenia's financial market. This time the bank offered new, flexible conditions
MINSK, MARCH 19, NOYAN TAPAN. The 7th joint sitting of the Armenian-Belarusian intergovernmental commission on economic cooperation issues is being held in Minsk, the capital city
YEREVAN, MARCH 19, NOYAN TAPAN. The World Bank's "stabilization" credits worth 50 million USD will be transferred to Armenia within two weeks. The minister of finance
YEREVAN, MARCH 19, NOYAN TAPAN. 2 billion drams will be allocated from Armenia's state budget for construction work in the earthquake zone. The minister of finance
YEREVAN, MARCH 19, NOYAN TAPAN. The re-opening of repaired "Yeghegnadzor" branch of Ardshininvestbank will take place on March 20. The branch has been equipped with modern
YEREVAN, MARCH 19, NOYAN TAPAN. The RA minister of transport and communication Gurgen Sargsyan on March 18 received the head of Japan International Cooperation Agency (JICA)
YEREVAN, MARCH 19, NOYAN TAPAN. The RA National Assembly on March 19 ratified the loan agreement for "The Market Opportunity to Farmers" Program signed between the
YEREVAN, MARCH 18, NOYAN TAPAN. Microsoft's Armenian website will be launched in the second half of 2009, Grigor Barseghian, Director of Microsoft RA company - Microsoft's Armenian
YEREVAN, MARCH 18, NOYAN TAPAN. The sums provided by the World Bank and other international financial organizations more contribute to enrichment of Armenian banks than to
YEREVAN, MARCH 18, NOYAN TAPAN. Microsoft RA company - Microsoft's Armenian subsidiary has launched BizSpark program on development of IT enterprises in Armenia in cooperation with
YEREVAN, MARCH 18, NOYAN TAPAN. The Armenian minister of transport and communication does not rule out the possibility of an increase of transport fares. At the
YEREVAN, MARCH 18, NOYAN TAPAN. The RA National Assembly on March 18 passed a number of bills and legislative packages (discussed on the same day), by
YEREVAN, MARCH 18, NOYAN TAPAN. The RA National Assembly on March 18 discussed in second reading the government-submitted legislative package envisaging additions to the Law on
YEREVAN, MARCH 17, NOYAN TAPAN. A total of 6 billion 780 million 663 thousand drams (about 1 million 822 thousand USD) was confiscated by the Service
YEREVAN, MARCH 17, NOYAN TAPAN. Independent deputy of the National Assembly Victor Dallakian proposed increasing pensions, benefits and other social payments by 20%. He said at
YEREVAN, MARCH 17, NOYAN TAPAN. Tourism management courses will be conducted by lecturers of George Washington University (US) in Yerevan on March 17-24. The lecturers have
YEREVAN, MARCH 17, NOYAN TAPAN. In the opinion of Armenian Prime Minister Tigran Sargsyan, under conditions of the global crisis, serious difficulties have arisen in Armenia's
YEREVAN, MARCH 17, NOYAN TAPAN. The RA National Assembly on March 17 passed the bills and legislative packages discussed the day before. The bills and packages
YEREVAN, MARCH 17, NOYAN TAPAN. There was an accident of 7 wagons loaded with gold ore at Hrazdan Solak railway section at 11:40 pm on March
YEREVAN, MARCH 16, NOYAN TAPAN. 69 issues, including 10 international agreements presented by Armenian president for ratification, are on the agenda of the National Assembly's plenary session
YEREVAN, MARCH 16, NOYAN TAPAN. The press center of the RA National Security Service (NSS) issued a press release, according to which an organized criminal group,
YEREVAN, MARCH 16, NOYAN TAPAN. The 4th international exhibition "Interprint - Printing, Advertising, Design and Packing EXPO-2009" will be held at the show-room of the Union
YEREVAN, MARCH 16, NOYAN TAPAN. At the March 12 sitting, the Armenian government approved the order of collection of the state duty for departure of natural
YEREVAN, MARCH 16, NOYAN TAPAN. The Armenian government has already put forward an initiative to adopt by-laws and make some legislative amendments in order to mitigate
YEREVAN, MARCH 14, NOYAN TAPAN. The financial ombudsman of Armenia received 18 application-complaints in February 2009. According to a press release of the Financial Ombudsman Office, out
YEREVAN, MARCH 14, MOYAN TAPAN. Bureau Veritas corporation, an international leader in certification sector, has introduced a quality management system in line with ISO 9001:2000 international standard
YEREVAN, MARCH 13, NOYAN TAPAN. An agreement on introduction of Lithuania's customs supervision experience in Armenia will be signed between the two countries under the EU TAIEX
YEREVAN, MARCH 13, NOYAN TAPAN. In the period of March 9-13, the banks bought 40,337,547 USD at the average exchange rate of 363.20 drams per dollar
YEREVAN, MARCH 13, NOYAN TAPAN. During the March 13 meeting, Armenian Prime Minister Tigran Sargsyan and Iranian Foreign Minister Manouchehr Mottaki expressed satisfaction at economic cooperation between
YEREVAN, MARCH 13, NOYAN TAPAN. A sitting of the Governing Council of the Millennium Challenge Account (MCA) - Armenia took place at the RA government on
YEREVAN, MARCH 13, NOYAN TAPAN. The consequences of the global financial and economic crisis will have a much longer impact in Armenia than in Western countries
YEREVAN, MARCH 13, NOYAN TAPAN. The IMF's forecasts that 1.5% economic recession will be recorded in Armenia in 2009 are realistic, the minister of finance Tigran
YEREVAN, MARCH 13, NOYAN TAPAN. At the March 12 sitting, the Armenian government approved the package of protocol decisions on redistribution of the 2009 state budget.
YEREVAN, MARCH 13, NOYAN TAPAN. "The Armenian government should shift to a strict regime of savings, we should save state resources and spend in line with
YEREVAN, MARCH 13, NOYAN TAPAN. In modern history of Armenia, 2009 will be the hardest year for the country's economy, the former chairman of the Central
YEREVAN, MARCH 11, NOYAN TAPAN. By data of the World Tourism Organization, the average annual growth of tourism in the world made 4-4.5%, even 6.2% in
YEREVAN, MARCH 11, NOYAN TAPAN. In February 2009, the RA ministry of finance warned organizers of 10 prize games and one casino. The ministry also recorded
YEREVAN, MARCH 11, NOYAN TAPAN. The Armenian side has finished preparatory work for supplying electric power to Turkey, and the power supply will start after the
YEREVAN, MARCH 11, NOYAN TAPAN. By estimates of the International Tourism Forum, in 2008 Armenia in terms of tourism competitiveness and attractiveness has declined from the previous
YEREVAN, MARCH 11, NOYAN TAPAN. Issues related to developing Armenia's cooperation with the European Bank for Reconstruction and Development (EBRD) were duscussed at the March 11 meeting
YEREVAN, MARCH 10, NOYAN TAPAN. 3 million euros has been provided in budget support to Armenia from the European Commission Food Security Program (FSP), NT was
YEREVAN, MARCH 10, NOYAN TAPAN. The purpose of the National Competitiveness Foundation of Armenia (NCFA) is to ensure economic development and promote competition in the country.
YEREVAN, MARCH 10, NOYAN TAPAN. The state should take measures so that ordinary citizens and small business will not carry the main burden of the global
YEREVAN, MARCH 10, NOYAN TAPAN. "The current exchange rate of the dram is economically substantiated and I do not think that there will be a new
YEREVAN, MARCH 10, NOYAN TAPAN. The number of actual gas consuming subscribers of ArmRusgazprom CJSC grew by 1,531 in February and made 577,375 as of March
YEREVAN, MARCH 10, NOYAN TAPAN. Data on those trade points that raised prices of some living essentials under the pretext of the exchange rate fluctuations on
YEREVAN, MARCH 10, NOYAN TAPAN. A sudden shift to a floating exchange rate policy was a correct and objective approach, otherwise the Armenian economy would have
WASINGTON, MARCH 10, NOYAN TAPAN. The Executive Board of the International Monetary Fund (IMF) has approved a 28-month SDR 368 million (about US$540 million) Stand-By Arrangement
YEREVAN, MARCH 10, NOYAN TAPAN. Armenian president Serzh Sargsyan visited Liqvor CJSC on March 7. According to the director general of the company Sergei Matevosian, the
YEREVAN, MARCH 10, NOYAN TAPAN. Information and high technologies, tourism, and pharmaceutical sector are of importance from the viewpoint of diversification and increasing the Armenian economy's export
YEREVAN, MARCH 6, NOYAN TAPAN. A package of programs to be implemented in Armenia within the next 4 years with the financing of the World Bank
YEREVAN, MARCH 6, NOYAN TAPAN. Under the distributorship agreement signed between John Deere International and CARD AgroService CJSC on March 6, CARD AgroService will sell and service
YEREVAN, MARCH 6, NOYAN TAPAN. Today the greatest problem of Armenia is to halt the decline in economic growth, and in order to solve this problem,
YEREVAN, MARCH 6, NOYAN TAPAN. The appreciation of the Armenian dram has had a negative impact on the development of domestic production, as a result of
YEREVAN, MARCH 6, NOYAN TAPAN. In the opinion of all international experts, the value of a dollar was to be at 360-380 drams in Armenia, and