YEREVAN, APRIL 23, NOYAN TAPAN. The RA State Commission on Protection of Economic Competition will soon examine several markets of household appliances. Such an examination has
YEREVAN, APRIL 23, NOYAN TAPAN. Fuller versions of the commercials, which have been demonstrated by CNN and Euronews television channels since September 2006 and which advertise Armenia
YEREVAN, APRIL 22, NOYAN TAPAN. At the April 22 sitting, the Central Bank of Armenia (CBA) Board approved the regulations "Reports Submitted by Investment Service Providing
YEREVAN, APRIL 22, NOYAN TAPAN. Transport and communication sector is of great importance for Armenia, especially taking into account the current geopolitical problems and challenges, the prime
YEREVAN, APRIL 22, NOYAN TAPAN. One of the important purposes of the government is to make Armenia a financial center, the prime minister Tigran Sargsian stated
YEREVAN, APRIL 22, NOYAN TAPAN. The prime minister Tigran Sargsian on April 22 presented the re-appointed minister Nerses Yeritsian to the staff of the RA ministry
YEREVAN, APRIL 22, NOYAN TAPAN. An agreement on cooperation was signed between Microsoft and HayPost companies on April 22. According to the director of HayPost Hans
YEREVAN, APRIL 22, NOYAN TAPAN. The prime minister Tigran Sargsian on April 22 introduced the newly appointed minister Armen Gevorgian to the staff of the RA
YEREVAN, APRIL 22, NOYAN TAPAN. The two-sided linking of Heratsi-"Saralanj" transport node's tunnel, which is being constructed with funds of the Lincy Foundation, was done in
YEREVAN, APRIL 22, NOYAN TAPAN. The RA minister of environmental protection Aram Harutyunian and the director general of Atomredmetzoloto OJSC (Russia) Vadim Zhizhov on April 22 signed
YEREVAN, APRIL 22, NOYAN TAPAN. Construction work of 18 bln 312.4 mln drams (over 59 mln USD), including building and assembly work of 13 bln 722
YEREVAN, APRIL 22, NOYAN TAPAN. Foreign trade of Armenia made 211.4 bln drams or 687 mln USD in January-February 2008, including exports of 44.2 bln drams
YEREVAN, APRIL 21, NOYAN TAPAN. The net investment position of Armenia was negative by 2 bln 133.98 mln USD in late December 2007, growing by 38%
YEREVAN, APRIL 21, NOYAN TAPAN. The Central Bank of Armenia (CBA) has issued the "Cancer" silver commemorative coin with a depiction of the Cancer zodiacal sign.
YEREVAN, APRIL 21, NOYAN TAPAN. The gross foreign debt of Armenia amounted to 2 bln 927.33 mln USD in late December 2007, growing by 917.33 mln
YEREVAN, APRIL 21, NOYAN TAPAN. The deficit of the current account of the balance of payment of the Republic of Armenia made 571.36 mln USD in
YEREVAN, APRIL 21, NOYAN TAPAN. Information on the customs values of about 100 consumer goods has already been placed on the RA State Customs Committee's (SCC)
YEREVAN, APRIL 21, NOYAN TAPAN. In January-March 2008, Armenia's GDP grew by 9% as compared with the same months of 2007 and made 483 bln 102.9
YEREVAN, APRIL 21, NOYAN TAPAN. Microsoft and HayPost companies will sign am agreement on cooperation on April 22. NT correspondent was informed by HayPost company that
YEREVAN, APRIL 18, NOYAN TAPAN. The amendments to the RA Law on Simplified Tax took effect in Armenia on January 1st. Based on these amendments, persons
YEREVAN, APRIL 18, NOYAN TAPAN. Everybody knows that the monthly rent for one square meter of a residential area in the center of Yerevan exceeds 3
YERVAN, APRIL 17, NOYAN TAPAN. Introducing the newly appointed minister Davit Lokian to the staff of the RA ministry of agriculture on April 17, the Armenian
YEREVAN, APRIL 17, NOYAN TAPAN. 121 thousand 164.2 tons of diesel fuel and 167 thousand 486.8 tons of gasoline was imported into Armenia in 2007. NT
YEREVAN, APRIL 17, NOYAN TAPAN. At the April 17 sitting, the Armenian government approved the RA National Assembly's draft decision on approval of the annual report
YEREVAN, APRIL 17, NOYAN TAPAN. At the April 17 sitting, the Armenian government approved the bill on approval of the 2007 annual report on execution of
YEREVAN, APRIL 17, NOYAN TAPAN. Prices will go up in many sectors due to the rise in the gas price, and Armenia has no other resources
YEREVAN, APRIL 16, NOYAN TAPAN. The results of the tender for the major contractor to reconstruct the 5th power unit of the Hrazdan Thermal Power Plant
YEREVAN, APRIL 16, NOYAN TAPAN. ArmRusgazprom company is currently conducting active negotiations witn Rissia and Iran on the issue of constructing an oil refinery in Armenia.
YEREVAN, APRIL 16, NOYAN TAPAN. No change in the established tariffs of electricity, natural gas and drinking water is envisaged this year. According to a press
YEREVAN, APRIL 16, NOYAN TAPAN. Gas users of Armenia will not suffer from the rise of the gas tariff on May 1st. The chairman of the
YEREVAN, APRIL 16, NOYAN TAPAN. Russia was the leader by the amount of foreign investments made in the real sector of the Armenian economy in 2007
YEREVAN, APRIL 16, NOYAN TAPAN. The total amount of foreign investments in the real sector of the Armenian economy (without sums received through the state governance
YEREVAN, APRIL 15, NOYAN TAPAN. On May 1st the Armenian government will stop subsidizing the rise of gas tariffs. Tariffs to be established by the RA
YEREVAN, APRIL 15, NOYAN TAPAN. The number of actual users of ArmRusgazprom CJSC increased by 2,872 in March and made 529,231 users connected to the gas
YEREVAN, APRIL 15, NOYAN TAPAN. As of April 1, nine gas-filling stations were operated in Armenia by Avtogaz LLC - a subsidiary of ArmRusgazprom CJSC. These
YEREVAN, APRIL 14, NOYAN TAPAN. "Our House" 7th national exhibition of construction, design and repair will be held in the session hall of the RA government
YEREVAN, APRIL 14, NOYAN TAPAN. HSBC Armenia Bank opened the Garegin Nzhdeh branch on April 14. It is located at 14 Bagratuniats Street in Yerevand, in
YEREVAN, APRIL 14, NOYAN TAPAN. The Central Bank of Armenia (CBA) has presented forecasts about inflation for the next 12 months. According to the CBA press
YEREVAN, APRIL 14, NOYAN TAPAN. Economic forecasting platform website (www.efp.am) to be available starting from April 15 within the framework of a project of the Central
YEREVAN, APRIL 12, NOYAN TAPAN. At the April 11 sitting, the RA State Commission on Protection of Economic Competition discussed the application of Armenia International Airports (AIA)
YEREVAN, APRIL 12, NOYAN TAPAN. A lot of construction, design and building material manufacturing companies of Armenia have started negotiations on participation in construction of Olympic facilities
KIEV, APRIL 12, NOYAN TAPAN. A meeting of the ministers of energy of the Black Sea Economic Cooperation (BSEC) member states took place in Kiev on
YEREVAN, APRIL 12, NOYAN TAPAN. Over 80 companies from Armenia, Russia, Ukraine, Belarus, Georgia, Italy, the UK, Switzerland, Luxembourg, Poland, Germany, the UAE, Iran and Nagorno Karabakh
YEREVAN, APRIL 11, NOYAN TAPAN. ArmRusgazprom company plans to invest 135 mln drams (about 435 thousand USD) in Yerevan this year. The director of Yerevan Gas
YEREVAN, APRIL 11, NOYAN TAPAN. "We can make a revolutionary change in formation of a knowledge-based economy in Armenia if the attitude of society is changed,
YEREVAN, APRIL 11, NOYAN TAPAN. The newly elected president of Armenia Serge Sargsian has received a hard inheritance in terms of the country's economy. Expressing this
YEREVAN, APRIL 11, NOYAN TAPAN. Yerevan State University (YSU) and Virage Logic Corporation, a market leader in providing advanced embedded memory intellectual property (IP) signed on April
YEREVAN, APRIL 11, NOYAN TAPAN. The Armenian subsidiary of Virage Logic Corporation (U.S) has made its contribution to the delivery of complete memory compiler and logic
YEREVAN, APRIL 10, NOYAN TAPAN. The new prime minister of Armenia Tigran Sargsian considers improvement of tax and customs administration as a priority of the government.
YEREVAN, APRIL 10, NOYAN TAPAN. At the April 10 sitting, the Armenian government approved the bill on making amendments to the RA Law on Customs Service,
YEREVAN, APRIL 10, NOYAN TAPAN. The RA National Assembly on April 10 ratified two international agreements discussed on April 8: - the
YEREVAN, APRIL 9, NOYAN TAPAN. At the April 8 sitting, the Central Bank of Armenia (CBA) Board approved the following documents: the regulation on the requirements
YEREVAN, APRIL 8, NOYAN TAPAN. Henceforth ArmenTel will operate under the "Beeline" brand, the management of VimpelCom company (Russia) - ArmenTel's owner announced. Armenia is the 7th
YEREVAN, APRIL 8, NOYAN TAPAN. In connection with the possible entrance of a third operator into the Armenian mobile phone communication market, the chairman of the
YEREVAN, APRIL 7, NOYAN TAPAN. According to data of the State Register of Legal Entities and Private Businessmen of the RA Ministry of Justice, 563 commercial
YEREVAN, APRIL 7, NOYAN TAPAN. Trade turnover made 177 bln 601.7 mln drams (over 577.04 mln USD) in current prices in January-February 2008, growing by 5.4%
YEREVAN, APRIL 7, NOYAN TAPAN. The RA National Assembly on April 7 discussed 25 bills and legislative packages, concluding in one day almost half of the
YEREVAN, APRIL 7, NOYAN TAPAN. Industrial production of 108 bln 29.7 mln drams (about 351 mln USD) in current prices was made in Armenia in January-February
YEREVAN, APRIL 7, NOYAN TAPAN. Work of 35 bln 504 mln drams (about 1 bln 153.9 mln USD) was done in the socioeconomic sector of Yerevan
YEREVAN, APRIL 7, NOYAN TAPAN. As of late February 2008, monetary base made 389 bln 315 mln drams (over 1 bln 264.9 mln USD) in Armenia,
YEREVAN, APRIL 7, NOYAN TAPAN. The transparency of the work of the Central Bank of Armenia (CBA) is fully in line with 73 out of the
YEREVAN, APRIL 7, NOYAN TAPAN. The program on diagnosing birds' diseases and antipeidemic measures is continuing in Armenia. 7.3 mln drams (about 23.7 thousand USD) has
YEREVAN, APRIL 5, NOYAN TAPAN. "If we view the Armenian economy by taking the 2007 indices into account, the country is in a state of sustainable
YEREVAN, APRIL 5, NOYAN TAPAN. Great hopes in terms of increasing the competition level in Armenia's banking services market are linked with ProCredit Bank (Germany), which
YEREVAN, APRIL 4, NOYAN TAPAN. It is envisaged to turn Ardshininvestbank from the closed joint-stock company into an open joint-stock company and to create a "powerful
YEREVAN, APRIL 4, NOYAN TAPAN. "I am impressed by the new building of Ardshininvestbank's head office. So far no bank has had such a building of
YEREVAN, APRIL 4, NOYAN TAPAN. At the April 4 sitting, the Armenian government approved the bill on restriction of cash deals. The member of the Central
YEREVAN, APRIL 4, NOYAN TAPAN. The 2008 program on repairs of irrigation systems was approved at the April 4 sitting of the Armenian government. The chairman
YEREVAN, APRIL 3, NOYAN TAPAN. The RA state budget revenues from environmental protection and nature use payments made more than 1.2 bln drams (about 3.9 mln
YEREVAN, APRIL 3, NOYAN TAPAN. Expenditures of 93.9 bln drams (over 304.1 mln USD) were incurred at the expense of the RA state budget in January-February
YEREVAN, APRIL 3, NOYAN TAPAN. The RA state budgetary revenues from compulsory social security payments made over 13.5 bln drams (about 43.7 mln USD) in January-February
YEREVAN, APRIL 3, NOYAN TAPAN. In January-February 2008, 42.5% of the RA state budgetary expenditures was allocated for social allowances and pensions, which amounted to 39.9
YEREVAN, APRIL 3, NOYAN TAPAN. Profit taxes amounted to over 11.2 bln drams (36.4 mln USD) and made up 14.3% of the RA state budget's tax
YEREVAN, APRIL 3, NOYAN TAPAN. The main purpose of the Black Sea Trade and Investment Encouragement Program of the Balck Sea Economic Cooperation (BSEC) organization is
YEREVAN, APRIL 2, NOYAN TAPAN. The gross foreign assets of Armenia made 1 bln 659 mln 154.5 thousand USD in late 2007 - against 1 bln
YEREVAN, APRIL 2. NOYAN TAPAN. The project on safety of Armenian dams on April 2 received one of the World Bank annual awards on improvement of
YEREVAN, APRIL 2, NOYAN TAPAN. Tax revenues of the RA state budget amounted to more than 78.8 bln drams (aover 256 mln USD) in January-February 2008,
YEREVAN, APRIL 2, NOYAN TAPAN. The RA state budgetary revenues made 99.1 bln drams (about 321.9 mln USD), expenditures - 93.9 bln drams in January-February 2008,
YEREVAN, APRIL 2, NOYAN TAPAN. At the April 2 sitting, the Central Bank of Armenia (CBA) Board raised the interest rate of refinancing by 0.25% to
YEREVAN, APRIL 2, NOYAN TAPAN. The implementation of social reforms will make an important part of Armenia's socioeconomic policy in 2008-2009. Today the speed of social
YEREVAN, APRIL 1, NOYAN TAPAN. Starting from April 1, Armavia airline will reduce the price of a plane ticket of Yerevan-Istanbul-Yerevan flight by about 50%: the
YEREVAN, APRIL 1, NOYAN TAPAN. 7.2% overall inflation was registered in Armenia's food commodity market in January-March 2008. Inflation in March on February made 2%. 0.1-6.9%
YEREVAN, APRIL 1, NOYAN TAPAN. There was 0.7% and 3.1% growth in prices of gasoline and diesel fuel respectively in Armenia in March on February 2008.
YEREVAN, APRIL 1, NOYAN TAPAN. 4.8% inflation was registered in Armenia's consumer market in January-March 2008, with inflation making 1.4% in March on February, which had
YEREVAN, APRIL 1, NOYAN TAPAN. The growth of consumer prices and the settlement exchange rate of the Armenian dram against the US dollar made 4.8% and
YEREVAN, APRIL 1, NOYAN TAPAN. 1.1% growth in tariffs of services provided to the population in March on February 2008 was mainly due to a growth
YEREVAN, APRIL 1, NOYAN TAPAN. Under conditions of the overall unchanged level of prices in Armenian nonfood commodity market in March 2008, there were some price
STEPANAKERT, APRIL 1, NOYAN TAPAN. The president of the Nagorno Karabakh Republic Bako Sahakian on March 29 received representatives of the Tufenkian Founadation headed by the fondation's
STEPANAKERT, APRIL 1, NOYAN TAPAN. With the aim of suppoting business, encouraging investments and removing the administrative obstacles in the Nagorno Karabakh Republic, a business support council
YEREVAN, APRIL 1, NOYAN TAPAN. Foreign tourists visit Armenia for the following purposes: to see their relatives and friends (44.8%), to do business (22.4%), and to
YERVAN, APRIL 1, NOYAN TAPAN. By a decision of the Central Bank of Armenia (CBA), Sil Insurance CJSC and Garant-Limens CJSC were re-registered.
YEREVAN, APRIL 1, NOYAN TAPAN. The March 1 events have had some effect on the number of tourists to Armenia: some groups of tourists cancelled their
YEREVAN, APRIL 1, NOYAN TAPAN. Zvartnots Airport can be used as a transit airport because it is in line with international standards in terms of the
YEREVAN, APRIL 1, NOYAN TAPAN. Asphalt laying, breast-wall repairs and reconstruction of outdoor lighting networks of streets has already begun in Yerevan. The detuty mayor of Yerevan
YEREVAN, MARCH 31, NOYAN TAPAN. Areximbank recently announced that its name was officially changed: henceforth it will be called "Gazprombank-Armenia". NT correspondent was informed by the press
YEREVAN, MARCH 31, NOYAN TAPAN. The Central Bank of Armenia (CBA) Board made a decision to relicense ACBA Insurance Broker LLC, relicense and re-register Nairi Insurance
YEREVAN, MARCH 31, NOYAN TAPAN. It is envisaged to finish the lineup work on Kajaran-Jermuk-Ararat section of Iran-Armenia gas pipeline in the autumn of 2008. NT correspondent
YEREVAN, MARCH 29, NOYAN TAPAN. It is envisaged that development of the Gyumri technopark's project will be completed and its implementation will begin by late 2008,
YEREVAN, MARCH 28, NOYAN TAPAN. By the decision of the Armenian government, subsidies of 1.6 bln drams (about 5.1 mln USD) will be provided to farms
YEREVAN, MARCH 28, NOYAN TAPAN. The 46th sitting of the board of managers of the International Science and Technology Center (ISTC) will be held in Dushanbe,
YEREVAN, MARCH 27, NOYAN TAPAN. At the March 27 sitting, the Armenian government approved the bill on status of Yerevan private residential houses with no extant
YEREVAN, MARCH 27, NOYAN TAPAN. Amendments were made on March 25, 2008 to the Order of Rating of Commercial Organizations by the Central Bank of Armenia
YEREVAN, MARCH 27, NOYAN TAPAN. The appreciation of the Armenian dram against the US dollar contributes to the control of inflation in Armenia, which in particular
YEREVAN, MARCH 26, NOYAN TAPAN. Yerevan Water company has decided to take large-scale actions on April 1-4 with the aim of final dismantling of illegal connections.
YEREVAN, MARCH 26, NOYAN TAPAN. Since 2004, the French manager of ArmWaterCanal company has invested 18 mln USD in the system - at the expense of
YEREVAN, MARCH 26, NOYAN TAPAN. A number of issues of bilateral interest were discussed during the March 26 meeting of Vardan Khachatrian, the RA Minister of
YEREVAN, MARCH 25, NOYAN TAPAN. Gold and silver prices fixed for March 24-30 by the agency "State Treasury of Precious Metals and Stones" of the RA
YEREVAN, MARCH 25, NOYAN TAPAN. By the March 25 decision of the Central Bank of Armenia (CBA) Board, the foreign currency sale and purchase licences of
YEREVAN, MARCH 25, NOYAN TAPAN. The Central Bank of Armenia (CBA) has re-rated six enterprises. According to the CBA press service, ratings have been assigned to
YEREVAN, MARCH 25. NOYAN TAPAN. Blue Airways, an airline registered in Armenia and operating planes, has never had its own planes so it cannot sell them.
YEREVAN, MARCH 24, NOYAN TAPAN. The 5th international exhibition "Construction and Repair Expo 2008" will be held at Dynamo Stadium of Yerevan on April 11-14. NT
YEREVAN, MARCH 24, NOYAN TAPAN. The RA president elect, prime minister Serge Sargsian on March 22 received the delegation of businessmen representing the Xinjiang Uygur Autonomous Region
YEREVAN, MARCH 22, NOYAN TAPAN. Deno Gold Mining Company (former Kapan ore mining and processing enterprise), which is 95% owned by Dundee Precious Metals company (Canada),
YEREVAN, MARCH 22, NOYAN TAPAN. The Central Bank of Armenia (CBA) has issued "Gemini" silver commemorative coin under the international numismatic program "The Zodiacal Signs".
YEREVAN, MARCH 21, NOYAN TAPAN. Gold prices fixed for March 17-23 by the agency "State Treasury of Precious Metals and Stones" of the RA ministry of
YEREVAN, MARCH 21, NOYAN TAPAN. The mayor of Yerevan Yervand Zakharian on March 21 went to Yerevan Electric Transport CJSC and visited the building sites of Khanjian-Agantageghos-Tigran
YEREVAN, MARCH 21, NOYAN TAPAN. During the March 21 consultation at the RA ministry of territorial governance, the list of owners of pigs, which were slaughtered
YEREVAN, MARCH 20, NOYAN TAPAN. The average market price of a square meter of a residential building's apartment made 257.1 thousand drams (about 751.6 USD) in
YEREVAN, MARCH 20, NOYAN TAPAN. Armenia's GDP made 221 bln 403.1 mln drams (over 719.3 mln USD) in January-February 2008, exceeding by 10.1% the respective index
YEREVAN, MARCH 20, NOYAN TAPAN. A delegation headed by the deputy head of the RF Federal Customs Service Leonid Shornikov is in Yerevan with the aim
YEREVAN, MARCH 20, NOYAN TAPAN. 155,040 real estate-related transactions were conducted in Armenia in 2007, which exceeds by 24.5% the 2006 index.
YEREVAN, MARCH 20, NOYAN TAPAN. The high growth rates of food prices in Armenia are exclusively conditioned by the inflation in international market, the RA minister
YEREVAN, MARCH 20, NOYAN TAPAN. The foreign trade of Armenia made 103.3 bln drams or 336.9 mln USD in current prices in January 2008, including exports
YEREVAN, MARCH 19, NOYAN TAPAN. On the initiative of the Heinrich Boll Foundation and with the assistance of Ecolur information NGO of the RA National Academy
YEREVAN, MARCH 19, NOYAN TAPAN. A delegation headed by the deputy head of the RF customs service Leonid Shornikov is in Armenia in order to discuss
YEREVAN, MARCH 19, NOYAN TAPAN. Out of the RA state budgetary expnditures of 32 bln 233 mln drams (over 104.9 mln USD) in January 2008, defence
YEREVAN, MARCH 19, NOYAN TAPAN. The RA National Assembly on March 19 passed in the first reading 5 bills discussed the day before. Among these bills
YEREVAN, MARCH 19, NOYAN TAPAN. According to data of the State Register of Legal Entities and Private Businessmen of the RA Ministry of Justice, 247 commercial
YEREVAN, MARCH 19, NOYAN TAPAN. The current situation from the viewpoint of application of simplified tax is that small enterprises cannot mostly make use of the
YEREVAN, MARCH 18, NOYAN TAPAN. The Central Bank of Armenia (CBA) has calculated the composite indices of the Armenian economy of the first quarter of 2008.
YEREVAN, MARCH 18, NOYAN TAPAN. At the morning sitting of March 18, the RA National Assembly passed 4 bills and legislative packages discussed the day before,
YEREVAN, MARCH 18, NOYAN TAPAN. The Central Bank of Armenia (CBA) has re-rated nine enterprises. Pure Iron Plant OJSC received B+ rating (previous rating B+), Eurotherm
YEREVAN, MARCH 17, NOYAN TAPAN. There are some shortcomings in the agreements on construction of an enterprise worth 1.7 million USD for electricity generation from methane
YEREVAN, MARCH 17, NOYAN TAPAN. The head of the RA presidential staff, chairman of the management board of the Lincy Foundation Armen Gevorgian and the foundation's
YEREVAN, MARCH 17, NOYAN TAPAN. The RA Public Services Regulatory Commission recently approved the 2008-2010 investment program of ArmRusgazprom, by which this company plans to invest 45.2
YEREVAN, MARCH 17, NOYAN TAPAN. The RA National Assembly on March 17 approved the 2006 annual report on execution of the 2006-2007 state property privatization program.
YEREVAN, MARCH 14, NOYAN TAPAN. The Armenian ambassador to China Vahagn Movsisian recently met with the deputy chairman of China's Foreign Trade Support Committee Yu Pin.
YEREVAN, MARCH 13, NOYAN TAPAN. At the March 13 sitting, the Armenian government approved the 2008 program on development of the IT sector. The RA minister
YEREVAN, MARCH 13, NOYAN TAPAN. Construction work of 7 bln 35.5 mln drams (over 22.9 mln USD), including building and assembly work of 5 bln 404.2
YEREVAN, MARCH 13, NOYAN TAPAN. The prices of precious metals fixed by the agency "State Treasury of Precious Metals and Stones" of the RA ministry of
YEREVAN, MARCH 12, NOYAN TAPAN. The programs on improvement of the water supply and sewerage systems in Armavir, Lori and Shirak marzes were discussed at the
YEREVAN, MARCH 12, NOYAN TAPAN. The RA ministry of finance and economy has initiated a translation of the new international standards of accounting and financial statements
YEREVAN, MARCH 12, NOYAN TAPAN. The RA deputy minister of finance and economy Davit Avetisian on March 12 handed the licence for audit services to the
YEREVAN, MARCH 12, NOYAN TAPAN. The gross agricultural output of Armenia made 13.7 bln drams (about 44.2 mln USD) in current prices in January 2008, exceeding
YEREVAN, MARCH 12, NOYAN TAPAN. About 20 thousand pigs were slaughtered as a result of penetration of African plague virus into Armenia in August 2007. The
YEREVAN, MARCH 12, NOYAN TAPAN. With the aim of creating and maintaining a stable situation in the veterinary sanitary sector, the RA ministry of agriculture will
YEREVAN, MARCH 11, NOYAN TAPAN. In January 2008, 51.2% of the Armenian state budgetary expenditures was allocated for payment of pensions and social benefits, which amounted
YEREVAN, MARCH 11, NOYAN TAPAN. The trade turnover made 82 bln 321.8 mln drams (about 268.3 mln USD) in current prices in Armenia in January 2008,
YEREVAN, MARCH 11, NOYAN TAPAN. The Armenian president Robert Kocharian on March 11 held a working meeting with the minister of agriculture Davit Lokian in order
YEREVAN, MARCH 11, NOYAN TAPAN. The RA state budgetary expenditures amounted to 32.2 bln drams (over 104.9 mln USD) in January 2008. In particular, current expenditures
YEREVAN, MARCH 11, NOYAN TAPAN. At the March 11 sitting, the Central Bank of Armenia (CBA) Board approved the regulations "The Minimum Requirements on Internal Supervision
YEREVAN, MARCH 11, NOYAN TAPAN. Armenia's state debt (domestic and foreign state debt) made 507 bln 156 mln drams in late 2007, including domestic debt of
YEREVAN, MARCH 10, NOYAN TAPAN. There was an agiotage decline in exchange rates in the Armenian foreign currency market on November 23-25, 2007, and the Central
YEREVAN, MARCH 10, NOYAN TAPAN. A new website: www.banker.am has been launched. The initiating groups aims to provide information on processes in the financial and banking system
YEREVAN, MARCH 10, NOYAN TAPAN. The RA state budgetary revenues from compulsory social security payments made more than 6.2 bln drams (about 20.21 mln USD) in
YEREVAN, MARCH 10, NOYAN TAPAN. The RA state budget revenues from simplified tax made 859 mln drams (about 2.9 mln USD) in January 2008, growing by
YEREVAN, MARCH 10, NOYAN TAPAN. In January 2008, profit tax revenues made up 11.7% of the tax revenues of the RA state budget. Profit tax revenues
YEREVAN, MARCH 8, NOYAN TAPAN. The RA State Commission on Protection of Economic Competition on March 6 suspended the administrative proceedings initiated by an application of Protection
YEREVAN, MARCH 8, NOYAN TAPAN. In January 2008, tax revenues of the state budget made 37.8 bln drams (about 123.2 mln USD), as as result of
YEREVAN, MARCH 7, NOYAN TAPAN. The Armenian government has initiated two programs aimed at supplying the country with grain. According to the RA minister of agriculture
YEREVAN, MARCH 6, NOYAN TAPAN. The RA state budgetary revenues made over 47.4 bln drams (about 154.5 mln USD) in January 2008, the expenditures made 32.2
YEREVAN, MARCH 6, NOYAN TAPAN. Industrial production of 51 bln 726.2 mln drams (about 168.6 mln USD) in current prices was made in Armenia in January
YEREVAN, MARCH 6, NOYAN TAPAN. As of January 31, 2008, the monetary base made 391 bln 987 mln drams (over 1 bln 277.5 mln USD) in
YEREVAN, MARCH 4, NOYAN TAPAN. Price of gasoline rose by 0.1%, while price of diesel fuel fell by 1.4% in Armenia in February on January 2008.
YEREVAN, MARCH 4, NOYAN TAPAN. 1.1% and 0.6% growth of prices and the settlement exchange rate of the Armenian dram against the U.S. dollar (the dram
YEREVAN, MARCH 4, NOYAN TAPAN. 2.3% growth in tariffs of services provided in Armenia's service sector in February on Jnauary 2008 was mainly conditioned by a
YEREVAN, MARCH 4, NOYAN TAPAN. 0.5% inflation registered in Armenia's nonfood commodity market in February on January 2008 was mainly conditioned by 8.5% growth of fuel
YEREVAN, MARCH 4, NOYAN TAPAN. At the March 4 sitting, the Central Bank of Armenia (CBA) Board raised the refinancing interest rate by 0.25%, fixing it
YEREVAN, MARCH 4, NOYAN TAPAN. 0.6% inflation was registered in Armenia's food commodity market in February on January 2008, which was mainly due to seasonal changes
YEREVAN, MARCH 4, NOYAN TAPAN. 3.4% inflation was registered in Armenian consumer market in January-February 2008, including 1.1% inflation in February on January.
YEREVAN, FEBRUARY 29, NOYAN TAPAN. Major work on restoration of two ecotourist routes (Dilijan-Parz Lich - 10 km, Parz Lich-Goshavank 8 km) in "Dilijan" national park
YEREVAN, FEBRUARY 28, NOYAN TAPAN. Armenia registers a higher than usual economic growth in the year of holding national elections, whereas the opposite should have happened, economist
YEREVAN, FEBRUARY 27, NOYAN TAPAN. The monitoring unit of the RA State Commission on Protection of Economic Competition responded to the growth in prices of some
YEREVAN, FEBRUARY 27, NOYAN TAPAN. The prices of gold, platinum and palladium fixed by the "State Treasury of Precious Metals and Stones" of the RA ministry
YEREVAN, FEBRUARY 27, NOYAN TAPAN. Sorsio, T-X Systems and ACT companies will represent Armenia at "CeBIT 2008" traditional international exhibition of information, communication and high technologies in
YEREVAN, FEBRUARY 27, NOYAN TAPAN. A production growth was registered in the mining industry, metallurgy and nonmetal ore processing in 2007, and the continuity of this
YEREVAN, FEBRUARY 26, NOYAN TAPAN. Taxes and duties of 22 bln 50 mln drams (about 73.7 mln USD) were collected in Armenia in January 2008 by
YEREVAN, FEBRUARY 26, NOYAN TAPAN. The RA National Statistical Service (NSS) implemented fully the program of state statistical work (1,910 units) in 2007, the head of
YEREVAN, FEBRUARY 26, NOYAN TAPAN. At the morning sitting on February 26, the RA National Assembly passed 3 bills and legislative packages discussed in first reading
YEREVAN, FEBRUARY 26, NOYAN TAPAN. The Central Bank of Armenia (CBA) has issued the "Taurus" silver commemorative coin with a depiction of the Taurus zodiacal sign
YEREVAN, FEBRUARY 25, NOYAN TAPAN. The European Bank for Reconstruction and Development (EBRD) forecasts a 8% GDP growth in Armenia in 2008 - against 10% growth
YEREVAN, FEBRUARY 25, NOYAN TAPAN. "I have not met anyone who would call into question the market economy in his pre-election program. I do not think
YEREVAN, FEBRUARY 22, NOYAN TAPAN. Among inflation risks in Armenia in 2008 are the considerable foreign currency inflow, a high GPD growth, the 60% increase of
YEREVAN, FEBRUARY 22, NOYAN TAPAN. The RA state securities registration and calculation system issued 2,044 orders of the total amount of 101 bln 972 mln drams
YEREVAN, FEBRUARY 22, NOYAN TAPAN. At the February 22 sitting, the Armenian government approved the changes to the master plan submitted by Armenia International Airports CJSC. The
YEREVAN, FEBRUARY 22, NOYAN TAPAN. The prices of precious metals established by the agency "State Treasury of Precious Metals and Stones" of the RA ministry of
YEREVAN, FEBRUARY 21, NOYAN TAPAN. In late 2007, 20 Armenian commercial banks were engaged in provision of payment cards to customers and their servicing in Armenia.
YEREVAN, FEBRUARY 21, NOYAN TAPAN. Remittances of natural persons without opening a bank account are made in Armenia by the Armenian commercial banks and the organizations
YEREVAN, FEBRUARY 21, NOYAN TAPAN. Most of payments through the payment systems of the Central Bank of Armenia (CBA) in 2007 were made through the electronic
YEREVAN, FEBRUARY 21, NOYAN TAPAN. By examining the indices characterizing the payment and settlement sector, the Central Bank of Armenia (CBA) concluded that there was a
YEREVAN, FEBRUARY 21, NOYAN TAPAN. The paper payments made by Armenian commercial banks in 2007 made up 25.74% of the total amount of bank payments and
YEREVAN, FEBRUARY 20, NOYAN TAPAN. Armenian GDP made 101 bln 207.9 mln drams (about 329.85 mln USD) in January 2008, exceeding by 9.9% the index of
YEREVAN, FEBRUARY 18, NOYAN TAPAN. The economic potential of the Czech Republic is great, with its economy and technological equipment being at a high level. The
YEREVAN, FEBRUARY 18, NOYAN TAPAN. One of the approaches of the RA National Competitiveness Council is to use Armenia' geographical location for creation of more extra
YEREVAN, FEBRUARY 18, NOYAN TAPAN. The ratio of private savings to GDP made 25%, while the ratio of investments to GDP made 30-33% in Armenia in
YEREVAN, FEBRUARY 17, NOYAN TAPAN. The 5th international economic forum "Kamurj 2008" ("Bridge 2008") with the participation of about 300 participants from seven countries opened in Tsakhkadzor
YEREVAN, FEBRUARY 15, NOYAN TAPAN. The commission, which was formed to examine the causes of the aviation accident at Yerevan's Zvartnots Airport on February 14, has
YEREVAN, FEBRUARY 14, NOYAN TAPAN. The primary placement of RA state long-term milestone coupon (AMGB20072283 issue) bonds with 20-year maturity took place on February 14. Four
YEREVAN, FEBRUARY 14, NOYAN TAPAN. In foundation of the Gyumri technopark, the RA ministry of trade and economic development cooperates with the State Engineering University of Armenia,
YEREVAN, FEBRUARY 13, NOYAN TAPAN. Armenia has now passed from the factorial stage of formation of knowledge-based society or economy to an investment stage, during which
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