YEREVAN, JULY 23, NOYAN TAPAN. According to predictions, more than 450 thousand tourists will visit Armenia in 2007. Mekhak Apresian, the Head of the Tourism Department
YEREVAN, JULY 23, NOYAN TAPAN. GDP-budget ratio in Armenia is the lowest, as compared with 25 states of Eastern Europe and Central Asia. Its reason is
YEREVAN, JULY 20, NOYAN TAPAN: On July 20 the cermenony of signing a number of documents on bilateral cooperation followed the end of the seventh sitting
YEREVAN, JULY 20, NOYAN TAPAN. The first meeting of expert groups created to perform feasibility study of building an oil refinery in Armenia is encouraging, Minister
YEREVAN, JULY 20, NOYAN TAPAN. The 7th sitting of Armenian-Iranian Intergovernmental Commission opened on July 20 in Yerevan. Manouchehr Mottaki, the Foreign Minister of Iran, the Commission's
YEREVAN, JULY 19, NOYAN TAPAN. A repaired postal department with the new logo of the postal communication national operator, Haypost CJSC opened on July 19 in
YEREVAN, JULY 19, NOYAN TAPAN. The schedule of the primary events to be implemented in 2007, envisaged by the EU-RA Actions Plan within the framework of
YEREVAN, JULY 18, NOYAN TAPAN. An application-complaint was passed to the RA President's administration on July 18 with the signatures of 241 inhabitants of Yerevan's 33rd
YEREVAN, JULY 18, NOYAN TAPAN. According to the data of the Agency of State Register of Juridical Persons and Individual Entrepreneurs of the RA Ministry of
YEREVAN, JULY 17, NOYAN TAPAN. Implementation of measures aimed at protection of copyright to licensed computer programs in Armenia will also promote development of opensource programming based
YEREVAN, JULY 17, NOYAN TAPAN. The 7th sitting of Armenian-Iranian Intergovernmental Commission will be held on July 20 in Yerevan. Manouchehr Mottaki, the Foreign Minister of Iran,
YEREVAN, JULY 17, NOYAN TAPAN. In January-May, 2007, RA gross agricultural output, in current prices, made 89.3b drams (nearly 262 thousand USD) and exceeded the level
YEREVAN, JULY 17, NOYAN TAPAN. As of late March, 2007, the RA gross foreign debt made 2b 86.22m USD, which as of late December, 2006 increased
YEREVAN, JULY 17, NOYAN TAPAN. EBRD's TurnAround Management and Business Advisory Services Programme-TAM/BAS Programme has been implemented in Armenia since February, 2003. It has provided assistance to
YEREVAN, JULY 17, NOYAN TAPAN. An agreement on assistance provided to EBRD Business Advisory Services Program for Armenia was signed on July 16 between the USAID
YEREVAN, JULY 17, NOYAN TAPAN. The U.S. government, besides the assistance envisaged within the framework of the Millennium Challenge program, is going to provide 8.4m USD
YEREVAN, JULY 17, NOYAN TAPAN. By the RA Prime Minister Serge Sargsian's July 14 decision, Vahram Ghushchian was appointed the RA Deputy Minister of Trade and
YEREVAN, JULY 17, NOYAN TAPAN. In the first six months of this year Armenian customs bodies revealed 133 cases of violation of customs rules and imposed
YEREVAN, JULY 17, NOYAN TAPAN. 2007-2011 mid-term program of construction of Yerevan's transport network, highways and pedestrian crossings has been worked out at Yerevan Mayor's Office. As
YEREVAN, JULY 16, NOYAN TAPAN. As of May 31, 2007, monetary base in Armenia made 275b 489m drams (more than 767.2m USd) and increased by 4b
YEREVAN, JULY 16, NOYAN TAPAN. Almost none of over 20 sewerage stations operates in Armenia at present. Only Aeratsia out of them operates, but only by
YEREVAN, JULY 16, NOYAN TAPAN. The tariffs of services provided by ArmenTel by the exclusive right will be rebalanced and the telephone communication market will be
YEREVAN, JULY 16 NOYAN TAPAN. Such testing and certification bodies, the work of which will be recognized by the EU, should be created in Armenia for
YEREVAN, JULY 16, NOYAN TAPAN. Armenia for the second time took part in the World Congress of Chambers of Commerce and Industry. This year's Congress was
YEREVAN, JULY 16, NOYAN TAPAN. In case of investments of 3m euros the relaunching of Armavir region's Karakert stone casting factory will be possible in 4-5
YEREVAN, JULY 16, NOYAN TAPAN. Pearlite raw materials of 5-6m cubic meters were produced annually in Armenia formerly, part of which was exported. Hamlet Hakobian, the
YEREVAN, JULY 16, NOYAN TAPAN. The monetary incomes of Armenian population made 682b 781.7m drams (nearly 1b 901.5m USD) in January-May, 2007, and expenditures 676b 892.9b
YEREVAN, JULY 13, NOYAN TAPAN. From July 15, ArmenTel will put into operation a new billing system, which will help to exactly calculate subscribers'
YEREVAN, JULY 12, NOYAN TAPAN. Trade turnover made 471b 382.6m drams (nearly 1b 162.4m USD) in January-May, 2007 in Armenia, in current prices, which has increased
YEREVAN, JULY 12, NOYAN TAPAN. Industrial production of 265bn 697.6m drams (nearly 740m USD) was made in January-May, 2007 in Armenia in current prices. Production of
YEREVAN, JULY 12, NOYAN TAPAN. Microsoft through its website started using an anti-pirate system, which does not permit users of unlicensed operation system to renew or
YEREVAN, JULY 12, NOYAN TAPAN. The Armenian variant of the Vista (user's interface) computer operation system will be presented in autumn 2007 and the Armenian variant
YEREVAN, JULY 12, NOYAN TAPAN. For small countries, it is difficult to be engaged in protection of copyright, as large financial investments are needed for that.
KAPAN, JULY 11, NOYAN TAPAN. Andranik Manukian, the RA Minister of Transport and Communication, was in the Syunik region on July 10 on a working visit
YEREVAN, JULY 11, NOYAN TAPAN. Construction amounting to 102b 438.6m drams (nearly 301m USD) was done in January-May 2007 in Armenia, including construction of production
YEREVAN, JULY 11, NOYAN TAPAN - ARMENIANS TODAY. One of the most important goals of the All Armenian International Youth two-day Conference of the World Armenian
YEREVAN, JULY 11, NOYAN TAPAN. ArmenTel having the monopoly of fixed telephone communication, by cutting off subscribers' telephone in case of their not paying for some
YEREVAN, JULY 10, NOYAN TAPAN. The price for petrol grew by 2.8% and for diesel fuel by 0.3% in 2007 June, as compared with May, in
YEREVAN, JULY 10, NOYAN TAPAN. A relatively stable level of tariffs for services was registered in 2007 June, as compared with May, in Armenia.
YEREVAN, JULY 10, NOYAN TAPAN. The 0.2% growth in prices registered on the non-food products market of Armenia in 2007 June, as compared with May, was
YEREVAN, JULY 10, NOYAN TAPAN. A 0.7% fall in prices for foodstuffs was registered in 2007 June, as compared with May, in Armenia, which was mainly
YEREVAN, JULY 10, NOYAN TAPAN. In 2007 June, as compared with 2006 December, the consumer prices index in Armenia made 103.9%, including that of foodstuffs (including
YEREVAN, JULY 10, NOYAN TAPAN. In 2007 June, compared with 2006 December, a 5.3% decrease of the RA dram's settlement rate was registered in Armenia
YEREVAN, JULY 10, NOYAN TAPAN. Armenia is losing much money because of violation of copyrights to use of the "Narine" medicinal, biologically active dairy product and
YEREVAN, JULY 9, NOYAN TAPAN. Ruben Vardanian, a well-known Russian Armenian businessman, the founder of the Troika Dialogue Group company and the Chairman of its Board
YEREVAN, JULY 9, NOYAN TAPAN. Great Britain's Department of Environment, Food and Rural Affairs (DEFRA) starts implementation of the Ijevan Rubbish Disposal Management Project within the framework
ISTANBUL, JULY 9, NOYAN TAPAN. The meeting of the BSEC member-countries' Transport Ministers took place on July 5 in Istanbul. During the meeting, they exchanged thoughts
YEREVAN, JULY 9, NOYAN TAPAN. Liqun Jin, the Vice-President of the Asian Development Bank (ADB), at the July 6 meeting with the RA Prime Minister, Serge
YEREVAN, JULY 9, NOYAN TAPAN. Activities amounting to nearly 4 b 249 m drams (nearly 12 m USD) have been implemented in the first six months
YEREVAN, JULY 9, NOYAN TAPAN. The restoration of the Kechut reservoir will be completed by the end of the year. As Noyan Tapan correspondent was informed
YEREVAN, JULY 6, NOYAN TAPAN. The Armenian Apricot First International Conference started on July 6 in Yerevan on the initiative of the RA Ministry of Agriculture
YEREVAN, JULY 6, NOYAN TAPAN. The RA Foreign Minister, Vardan Oskanian, left for the U.S. on July 5 to take part in the Armtech 2007 three-day
YEREVAN, JULY 4, NOYAN TAPAN. Cargo transportation volume by Armenian railway made 1 mln 308 thousand 400 tons in the first six months of the current
YEREVAN, JULY 3, NOYAN TAPAN. The CBA Board on July 3 preliminarily approved the bank activity licensing of the ProKredit Bank CJSC in Armenia.
YEREVAN, JULY 3, NOYAN TAPAN. The RA NA, on July 3, in the second reading and completely adopted the bill authored by the RA government, which
YEREVAN, JULY 3, NOYAN TAPAN. Currently the Cascade, Ardshininvest, ACBA Credit Agricole Armenian banks can receive credits from the World Bank for restoring Armenia's town heating systems.
YEREVAN, JULY 3, NOYAN TAPAN. Restoration of Yerevan Lake's stronghold will finish this month. The restoration is carried out within the framework of the second credit
YEREVAN, JULY 3, NOYAN TAPAN. Eight small HPPs of Armenia have received credits in the total amount of 1.2 mln USD by the World Bank's Renewable
YEREVAN, JULY 2, NOYAN TAPAN. Marta Castello Branco, the head of the IMF delegation, which is in Armenia from June 26, at the July 2 press
YEREVAN, JULY 3, NOYAN TAPAN. Marta Castello-Branco, the head of the International Monetary Fund (IMF) delegation, which is in Armenia from July 26, at the July
YEREVAN, JULY 3, NOYAN TAPAN. Marta Castello-Branco, the head of the International Monetary Fund (IMF) delegation being in Armenia from June 26, at the July 2
YEREVAN, JULY 2, NOYAN TAPAN. Armenia is in the process of receiving the status of a stably developing country by the International Monetary Fund (IMF). Ms.
YEREVAN, JULY 2, NOYAN TAPAN. At the July 2 special sitting, the RA National Assembly unanimously, with 82 votes in favor, in the first reading adopted
YEREVAN, JUNE 30, NOYAN TAPAN. Regional adaptation of taxation should be done for proportional development of Armenian communities. Economist Tatul Manaserian expressed this opinion at the June
YEREVAN, JUNE 30, NOYAN TAPAN. In January-May 2007, the crediting from the RA state budget made 7.88 bln drams (about 22 mln USD), 7.82 bln drams
YEREVAN, JUNE 30, NOYAN TAPAN. In January-May 2007, subsidies of over 6.9 bln drams (over 19.2 mln USD) were provided from the RA state budget. Subsidies
YEREVAN, JUNE 30, NOYAN TAPAN. In January-May 2007, the customs duty revenues of the RA state budget made over 7.8 bln drams (over 21.7 mln USD),
YEREVAN, JUNE 30, NOYAN TAPAN. In January-May 2007, tax revenues made up 81.7% of the state budgetary revenues. State duties made up 3.8%, non-tax revenues -10.8%,
YEREVAN, JUNE 30, NOYAN TAPAN. A 12 million-dollar agreement envisaging construction of sewage treatment systems in Lake Sevan's basin - the cities of Vardenis, Martuni and
YEREVAN, JUNE 30, NOYAN TAPAN. "Electronic scales that weigh up to 300 grams less in a kilogram are used now in street trade," the chairman of
AFGVERAN, JUNE 30, NOYAN TAPAN. The Chamber of Commerce and Industry (CCI) of Armenia is prepared to participate in further economic development of the country in
YEREVAN, JUNE 30, NOYAN TAPAN. The decline in the exchange rate of the US dollar in Armenia has no economic explanation, economist Eduard Aghajanov said at
YEREVAN, JUNE 30, NOYAN TAPAN. A sufficient amount of water has been stored in Armenia's reservoirs and there is no lack of irrigation water. The chairman
YEREVAN, JUNE 29, NOYAN TAPAN. The chairman of Protection of Consumer Rights NGO Abgar Yeghoyan confirmed the rumors about foot-and-mouth disease in Armenia during the June
YEREVAN, JUNE 29, NOYAN TAPAN. At the June 29 special session, the RA National Assermbly passed in first reading the bill on making amendments and additions
YEREVAN, JUNE 29, NOYAN TAPAN. Representatives of 50 organizations, including universities preparing IT specialists, will participate in the first all-Armenian high-tech congress-exhibition "ArmTech 2007" to be held
YEREVAN, JUNE 29, NOYAN TAPAN. Five foreign companies currently operate Armenia's drinking water system. They work by 100% self-financing and are almost fully provided with funds. The
YEREVAN, JUNE 29, NOYAN TAPAN. In January-May 2007, the RA state budgetary revenues from state duty made over 7.5 bln drams (about 20.9 mln USD), as
YEREVAN, JUNE 29, NOYAN TAPAN. Some work, particularly on drafting the maps of the main water-pipe and the distribution networks, has already been done under the
YEREVAN, JUNE 29, NOYAN TAPAN. In January-May 2007, the state budgetary expenditures made over 183 bln drams (over 509.6 mln USD). 79.1% of allocated funds was
YEREVAN, JUNE 29, NOYAN TAPAN. In January-May 2007, the RA state budgetary revenues from capital operations made over 6.8 bln drams (18.9 mln USD), 6.3 bln
YEREVAN, JUNE 29, NOYAN TAPAN. The Armenian prime minister Serge Sargsian on June 28 received the head of the International Monetary Fund (IMF) mission Martha Castelo-Branco
YEREVAN, JUNE 29, NOYAN TAPAN. In January-May 2007, profit tax revenues of the RA state budget made over 31.7 bln drams (about 88.3 mln USD) or
YEREVAN, JUNE 29, NOYAN TAPAN. In January-May 2007, the RA state budgetary revenues made 198.3 billion drams (over 522 million USD), expenditures - 183 billion drams,
YEREVAN, JUNE 28, NOYAN TAPAN. An increase in the RA budgetary expenditures envisaged by the new program of the government is quite realistic, economist Eduard Aghajanov
YEREVAN, JUNE 28, NOYAN TAPAN. At the June 28 sitting of the Armenian government, the prime minister Serge Sargsian instructed the ministries and departments to make
YEREVAN, JUNE 28, NOYAN TAPAN. In terms of its contents, the new program of the Armenian government is not in line with the statements about second-generation
YEREVAN, JUNE 28, NOYAN TAPAN. At the June 28 special session, the RA National Assembly finished the discussion (in first reading) of the bill on making
YEREVAN, JUNE 28, NOYAN TAPAN. It is envisaged that by 2017, the total amount of insurance premiums to be paid to Armenian insurance companies will increase
YEREVAN, JUNE 27, NOYAN TAPAN. Business cooperation agreements were signed on June 27 among the Union of Manufacturers and Businessmen of Armenia (UMBA), the Armenian Development Agency
YEREVAN, JUNE 27, NOYAN TAPAN. It is envisaged to hold a regular - 7th sitting of the Armenian-Iranian intergovernmental commission in Yerevan in July, during which
YEREVAN, JUNE 27, NOYAN TAPAN. Armenia can meet 30-40% of its energy needs with its own energy resources in the next 15-20 years. The RA Deputy
YEREVAN, JUNE 27, NOYAN TAPAN. The bid for the fourth allocation and other documents to be submitted to the Millennium Challenge Corporation (MCC) were discussed at
YEREVAN, JUNE 26, NOYAN TAPAN. The IT company Quazar-Micro (Ukraine) has completed the program of supplying the Enterprise Incubator Foundation (EIF) with modern computers and server equipment.
YEREVAN, JUNE 26, NOYAN TAPAN. 44 economic entities, including 33 natural persons, participated in the placement of Araratbank CJSC's 10 thousand bonds of the total value
YEREVAN, JUNE 26, NOYAN TAPAN. Since 1999, 4-5 thousand jobs have been created under the programs implemented by the Izmirlian Foundation in Armenia, which was announced
YEREVAN, JUNE 26, NOYAN TAPAN. Araratbank CJSC and the Izmirlian Foundation on June 26 signed an agreement on cofinancing in the amount of 2 million dollars
YEREVAN, JUNE 25, NOYAN TAPAN. The index of financial mediation should be increased from the current 10% to 40-60% (as in developed countries), for which the
YEREVAN, JUNE 25, NOYAN TAPAN. The Armenian banking system is rapidly integrating into the global banking association and introducing the best international banking standards, the Armenian prime
YEREVAN, JUNE 25, NOYAN TAPAN. The Armenian international interproffesional group intends to export production of Armenian enterprises to European market. The deputy chairman of the group Daniel
YEREVAN, JUNE 25, NOYAN TAPAN. According to official statistics, 927 computers were produced in Armenia in January-April 2007 against 565 ones in the same period of
YEREVAN, JUNE 25, NOYAN TAPAN. "The speciality of an actuary is most modern one, and demand for actuaries is growing in Armenia," Chairman of the Central
YEREVAN, JUNE 22, NOYAN TAPAN. Raiffaizenbak (Austria), ProKreditBank (Germany) and ByblosBank (Lebanon) will enter the Armenian market of banking services. Raiffaizenbank is currently conducting active negotiations with
YEREVAN, JUNE 22, NOYAN TAPAN. The entrance of Global Rating Group into the Armenian market is more than important as it opened AmRating agency in the
YEREVAN, JUNE 22, NOYAN TAPAN. Araratbank is going to reorganize from closed joint stock company into an open joint stock company and to make an initial
YEREVAN, JUNE 22, NOYAN TAPAN. The holding of the First Information Technology Career Fair is an important step at the current stage of the Armenian higher
YEREVAN, JUNE 22, NOYAN TAPAN. Global Rating Group international rating agency has assigned the rating of "B" to Araratbank CJSC. This was announced at the June
YEREVAN, JUNE 22, NOYAN TAPAN. The Central Bank of Armenia (CBA) calculated the composite economic indices in Armenia for the second quarter of 2007 as compared
YEREVAN, JUNE 22, NOYAN TAPAN. At the June 21 sitting, the Armenian government approved the bill on making amendments and additions to the RA Law on
YEREVAN, JUNE 21, NOYAN TAPAN. At the June 21 sitting, the Armenian government approved the 5-year program of the Armenian government's activities. After being revised based
YEREVAN, JUNE 21, NOYAN TAPAN. At the June 21 sitting, the Armenian government approved the bill on making amendments and additions to the RA Law on
YEREVAN, JUNE 20, NOYAN TAPAN. The UNDP, Ashtarak Kat CJSC and the Center for Agrobusiness and Rural Development on June 20 signed a mutual understanding memorandum
YEREVAN, JUNE 20, NOYAN TAPAN. "The relations between Armenia and India are age-old, continuous and characterized by warmth and sincerity. It is satisfactory that the last
YEREVAN, JUNE 20, NOYAN TAPAN. Armenian GDP grew by 10.2% in January-May 2007 on the same months of last year and made 684 bln 339.8 mln
STEPANAKERT, JUNE 18, NOYAN TAPAN. During the June 16 meeting of the president of the Nagorno Karabakh Republic Arkady Ghukasian and the chairman of the Toronto
YEREVAN, JUNE 18, NOYAN TAPAN. The surveys conducted by Ameria company among Armenian employers show that an about 5.5% planned job increase is expected in the
YEREVAN, JUNE 18, NOYAN TAPAN. Representatives of the International Civil Aviation Organization (ICAO) recently conducted check-ups in Armenia's civil aviation sector. NT correspondent was informed about it
YEREVAN, JUNE 15, NOYAN TAPAN. Five big international financial organizations have submitted bids to the Central Bank of Armenia (CBA) for carrying out banking activities in
YEREVAN, JUNE 15, NOYAN TAPAN. 2006 was a successful year for Armeconombank in terms of achieving a stable growth of its main indices, increasing the volume
YEREVAN, JUNE 15, NOYAN TAPAN. The information technology Aviainfotel company (Armenia) seeks to open a European respresentation office in Austria, the company's chief engineer Samvel Muradian said
YEREVAN, JUNE 14, NOYAN TAPAN. During the June 14 meeting with the Armenian prime minister Serge Sargsian, Chairman of VTB Bank OJSC Andrey Kostin presented programs
YEREVAN, JUNE 14, NOYAN TAPAN. VTB Bank OJSC (Russia), its Armenian branch VTB Bank-Armenia CJSC and Electric Networks of Armenia (ENA) CJSC on June 14 signed
YEREVAN, JUNE 14, NOYAN TAPAN. The opening of the new branch of VTB Bank-Armenia CJSC owned by VTB Bank OJSC (Russia) in Yerevan symbolizes the Armenian
YEREVAN, JUNE 14, NOYAN TAPAN. In the US, 400 rich families own about 10% of the gross domestic product (GDP), in Russia 40 families - 16%
YEREVAN, JUNE 14, NOYAN TAPAN. All programs, on which Armenia and Iran have reached agreements at top level, are proceeding well. The Armenian prime minister Serge
YEREVAN, JUNE 13, NOYAN TAPAN. Damage done by torrential rains and floods in Armenia amounted to more than two billion drams this year, including damage of
YEREVAN, JUNE 12, NOYAN TAPAN. Solution of the problems related to reduction of the shadow economy and income polarization will be continued under the Poverty Reduction Strategy
YEREVAN, JUNE 12, NOYAN TAPAN. Armenia has resources for maintaining its two-digit economic growth rates in the coming years. Gagik Minasian, chairman of the RA National
YEREVAN, JUNE 12, NOYAN TAPAN. The creation of the Standing Committee of Economic Issues and the Standing Committee of Financial, Credit and Budgetary Issues in the
YEREVAN, JUNE 11, NOYAN TAPAN. During the June 11 meeting with the speaker of the RA National Assembly Tigran Torosian, Chief Executive Director of the Millennium
YEREVAN, JUNE 11, NOYAN TAPAN. In January-March 2007, 64,242 people left Armenia in order to travel abroad agaisnt 42,675 people in the same period of 2006:
YEREVAN, JUNE 11, NOYAN TAPAN. In January-April 2007, out of budgetary expenditures of 140 bln 824.6 mln drams (over 391.4 mln USD), 25 bln 408.5 mln
YEREVAN, JUNE 11, NOYAN TAPAN. The progress registered at the May 12 parliamentary elections was inspiring and there is a hope that the democrartic process will
YEREVAN, JUNE 8, NOYAN TAPAN. A joint consultation on issues of normal activities of the gas transporting systems of the North Caucasus, Georgia and Armenia was
YEREVAN, JUNE 8, NOYAN TAPAN. Issues related to the import of a large number of pipes with the diameter of 720 mm for the extension of
YEREVAN, JUNE 8, NOYAN TAPAN. The main source of increasing tax revenues in the coming years is improvement of tax administration, deputy head of the RA
YEREVAN, JUNE 8, NOYAN TAPAN. In January-April 2007, foreign trade of Armenia made 430 bln 302.1 mln drams or 1 bln 193.6 mln USD, including exports
YEREVAN, JUNE 7, NOYAN TAPAN. According to data of the State Register of Legal Entities and Private Businessmen of the RA Ministry of Justice, in January-April
YEREVAN, JUNE 6, NOYAN TAPAM. By starting to form an efficient capital market in Armenia, OMX also aims to discuss with Azerbaijan and Georgia the problem
YEREVAN, JUNE 6, NOYAN TAPAN. At the June 6 sitting, the Armenian government made a decision to allocate funds from the state budget with the aim
YEREVAN, JUNE 6, NOYAN TAPAN. In 1988-2007, the total amount of foreign investments in the real sector of Armenia's economy made 2 bln 576 mln 589.4
YEREVAN, JUNE 6, NOYAN TAPAN. In terms of foreign investments made in the real sector of the Armenian economy in the first quarter of 2007, Lebanon
YEREVAN, JUNE 6, NOYAN TAPAN. In January-March 2007, foreign investments in the real sector of Armenia's economy (without those received through the state governance and banking systems)
YEREVAN, JUNE 6, NOYAN TAPAN. As of April 30, 2007, the monetary base made 270 bln 496 mln drams (about 752 mln USD) in Armenia, growing
YEREVAN, JUNE 5, NOYAN TAPAN. In accordance with the RA Law on Banking Secret, the Central Bank of Armenia (CBA) published the list of subjects with
YEREVAN, JUNE 5, NOYAN TAPAN. The Armenian prime minister Serge Sargsian on June 5 received the deputy chairman of the board of Gazprom OJSC (Russia) Valery
YEREVAN, JUNE 5, NOYAN TAPAN. In January-April 2007, monetary incomes of the Armenian population made 528 bln 7.9 mln drams (a1 bln 467.7 mln USD), while
YEREVAN, JUNE 5, NOYAN TAPAN. In January-April 2007, trade turnover made 364 bln 837.5 mln drams (over 1 bln 14 mln USD) in current prices, growing
YEREVAN, JUNE 5, NOYAN TAPAN. In January-April 2007, construction work of 55 bln 215 mln drams (about 157.7 mln USD) was done in Armenia, including construction
YEREVAN, JUNE 5, NOYAN TAPAN. In January-April 2007, industrial production of 208 bln 502.1 mln drams (about 579.6 mln USD) was made in Armenia (in current
YEREVAN, JUNE 5, NOYAN TAPAN. A relatively stable level of tariffs of services provided to the population was registered in Armenia in May on April 2007.
YEREVAN, JUNE 5, NOYAN TAPAN. The prices of diesel fuel and gasoline grew by 0.8% and 4.3% respectively in Armenia in May on April 2007.
YEREVAN, JUNE 5, NOYAN TAPAN. In parallel with 4.2% growth of consumer prices in May 2007 on December 2006, a 2.8% fall in the settlement exchange
YEREVAN, JUNE 5, NOYAN TAPAN. A 0.8% inflation was registered in Armenia's non-food commodity market in May on April 2007, mainly due to an icrease in
YEREVAN, JUNE 4, NOYAN TAPAN. A 4% inflation was registered in the Armenian food commodity market in May on April 2007, which was mainly due to
YEREVAN, JUNE 4, NOYAN TAPAN. Work on asphalt laying, repair of breast-walls and reconstruction of exterior lighting of streets has started in Yerevan. Deputy mayor of
YEREVAN, JUNE 4, NOYAN TAPAN. At the June 4 sitting, the Board of the Central Bank of Armenia (CBA) decided to leave the interest rate of
YEREVAN, JUNE 1, NOYAN TAPAN. FINCA Universal Credit Organization (UCO) plans to increase the number of its customers from the current 11 thousand to 50 thousand
YEREVAN, JUNE 1, NOYAN TAPAN. American International Airports company - concessional manager of Zvartnots Airport has expressed a desire to run Gyumri's Shirak Airport too for
YEREVAN, JUNE 1, NOYAN TAPAN. The new passenger complex of Zvartnots Airport started to operate at full capacity on June 1. Passengers of Yerevan-Moscow flight used
YEREVAN, JUNE 1, NOYAN TAPAN. In January-April 2007, 61.8 bln drams (171.8 mln USD) was allocated from the RA state budget for the purchase of goods
YEREVAN, JUNE 1, NOYAN TAPAN. In January-April 2007, non-tax revenues of the RA state budget made 12.5 bln drams (about 45 mln USD), which ensured 125.1%
YEREVAN, JUNE 1, NOYAN TAPAN. In January-April 2007, customs duty revenues of the RA state budget made 6.2 bln drams (over 22.3 mln USD), exceeding the
YEREVAN, JUNE 1, NOYAN TAPAN. In accordance with the decision made by the Armenian government at the May 31 sitting and the RA Law on Prosecutor's
YEREVAN, JUNE 1, NOYAN TAPAN. The index of consumer prices made 104.2% in Armenia in May 2007 on December 2006, including the index of prices of
YEREVAN, MAY 31, NOYAN TAPAN. Sun Microsystems company (US) intends to become the leader of the Armenian market of server-related risk management. Pavel Ani, Sun Microsystems' manager
YEREVAN, MAY 31, NOYAN TAPAN. Since November 2006, the Association of Armenian Consumers has received complaints from 520 subscribers using dial-up Internet connection services. According to complaints,
YEREVAN, MAY 31, NOYAN TAPAN. The growth in prices of some mass consumption goods, particularly bread products, meat, vegetables, fruit, in Armenia in the post-election period
YEREVAN, MAY 31, NOYAN TAPAN. The research center "Economy and Values" for analysis and development of economic development strategies is currently studying the economic potential of
YEREVAN, MAY 31, NOYAN TAPAN. Chairman, Director General of ArmRusgazprom CJSC Karen Karapetian accompanied by experts has recently paid a regular working visit to the building
YEREVAN, MAY 31, NOYAN TAPAN. In the first quarter of 2007, the RA state budget (without the inflow of funds under the credit programs financed from
YEREVAN, MAY 31, NOYAN TAPAN. In January-April 2007, the RA state budgetary revenues amounted to 150.2 bln drams (over 540 mln USD), while expenditures - to
YEREVAN, MAY 31, NOYAN TAPAN. In January-April 2007, tax revenues of the RA state budget made 127.2 bln drams (about 457.6 mln USD), which ensured the
YEREVAN, MAY 31, NOYAN TAPAN. In January-April 2007, expenditures of the RA state budget made over 140.8 bln drams (over 506.5 mln USD). According to the
YEREVAN, MAY 30, NOYAN TAPAN. The Armenian president Robert Kocharian on May 30 received Chairman of the Atomic Energy Security Council (AESC) under the RA president
YEREVAN, MAY 30, NOYAN TAPAN. The 9th sitting of the Atomic Energy Security Council started its work in Yerevan on May 30. In his opening speech,
YEREVAN, MAY 29, NOYAN TAPAN. The construction of the Youth Center of Creative Technologies will be completed in Yerevan by late 2007. Sem Simonian, founder of
YEREVAN, MAY 29, NOYAN TAPAN. During the 31st sitting of the CIS Electricity and Energy Council held on May 29 in Yerevan, more than ten decisions
YEREVAN, MAY 25, NOYAN TAPAN. The new passenger complex of Yerevan's Zvartnots Airport opened on May 25 with the participation of the Armenian president Robert Kocharian
YEREVAN, MAY 25, NOYAN TAPAN. Iberian Resources company (Australia) has already made its first production - 12 kg of gold, which was mined in Terterasar mine
YEREVAN, MAY 25, NOYAN TAPAN. In the first quarter of 2007, the system on registration and calculation of state securities formed 517 recommendations of the total
YEREVAN, MAY 25, NOYAN TAPAN. Under the May 23 decree of the Armenian president Robert Kocharian, Nikolay Grigorian was appointed the deputy chairman of the RA
PRAGUE, MAY 24, NOYAN TAPAN. The delegation headed by the RA deputy foreign minister Armen Bayburtian participated in the work of the 15th OSCE Economic and
YEREVAN, MAY 24, NOYAN TAPAN. At the May 24 sitting, the Armenian government approved the three-year program on development of the tax system of the RA
YEREVAN, MAY 24, NOYAN TAPAN. ArmenTel company intends to renounce its exclusive rights to provide Internet services, including IP service, by late 2007, as a result
LONDON, MAY 24, NOYAN TAPAN. A presentation of Armenian brandy took place at the House of Lords on May 23. NT was informed from the RA
YEREVAN, MAY 24, NOYAN TAPAN. The institution of fixed payments should be revised and developed in Armenia because fixed payments should be changed as a resuilt
YEREVAN, MAY 24, NOYAN TAPAN. In the first quarter of 2007, the amount of money remittances to natural persons in Armenia through banks and organizations implementing
YEREVAN, MAY 24, NOYAN TAPAN. In the first quarter of 2007, provision of plastic cards to customers and their servicing was carried out by 20 Armenian
YEREVAN, MAY 23, NOYAN TAPAN. Issues related to the transfer of Armenian railway for concessional management were discussed at the May 23 working meeting of the
YEREVAN, MAY 23, NOYAN TAPAN. By the results of studies conducted by the RA State Commission on Protection of Economic Competition in the consumer market, the
YEREVAN, MAY 23, NOYAN TAPAN. The studies conducted by the RA State Commission on Protection of Economic Competition on the vodka commodity market revealed cases of
YEREVAN, MAY 23, NOYAN TAPAN. The studies conducted by the RA State Commission on Protection of Economic Competition on the Armenian consumer market showed that Sakha
YEREVAN, MAY 23, NOYAN TAPAN. During the May 22 elections in the UN General Assembly, Armenia was elected a member of UNCITRAL (UN Commission on International
YEREVAN, MAY 23, NOYAN TAPAN. At the May 23 sitting, the RA State Commission on Protection of Economic Competition made a decision to fine MAP alcoholic
YEREVAN, MAY 23, NOYAN TAPAN. Over the past year, Yerevan Water company has purchased materials and equipment of 470 mln drams (about 13 mln USD) with
YEREVAN, MAY 23, NOYAN TAPAN. Armenia will sign the Open Sky Agreement with the US government by late 2007. Deputy head of the RA Civil Aviation
YEREVAN, MAY 23, NOYAN TAPAN. Postbank will open in Armenia soon. It will start functioning in the autumn, NT correspondent was informed by Hans Boon, representative
YEREVAN, MAY 23, NOYAN TAPAN. Cash payments by Armenian commercial banks in the first quarter of 2007 made up 47% of the total amount and 0.56%
YEREVAN, MAY 23, NOYAN TAPAN. In the first quarter of 2007, the total amount of cashless payments in the territory of Armenia made 2 trillion 265
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