YEREVAN, OCTOBER 19, NOYAN TAPAN. Purchase and sale transactions of 1 million 50 thousand dollars at the weighted average exchange rate of 388.63 drams per dollar
YEREVAN, OCTOBER 19, NOYAN TAPAN. The International Finance Corporation (IFC), a member of the World Bank Group, has signed an advisory services agreement with Ardshininvestbank (Armenia) to
YEREVAN, OCTOBER 16, NOYAN TAPAN. The RA Ministry of Energy and Natural Resources is implementing work on integration of the country's energy system with other grids
YEREVAN, OCTOBER 16, NOYAN TAPAN. The feasibility study on Meghri Hydropower Plant is finishing. RA Minister of Energy and Natural Resources Armen Movsisian said at the
YEREVAN, OCTOBER 16, NOYAN TAPAN. The agreement on power delivery from Armenia to Turkey envisaged exporting power to Turkey from April 1, 2009, but the political
YEREVAN, OCTOBER 16, NOYAN TAPAN. Field work on uranium prospecting is under way in Armenia, Minister of Energy and Natural Resources Armen Movsisian announced during the
YEREVAN, OCTOBER 16, NOYAN TAPAN. The European Commission on October 14 proposed providing macroeconomic assistance to Armenia in the form of a loan of 65 million
YEREVAN, OCTOBER 16, NOYAN TAPAN. Purchase and sale transactions of 400 thousand dollars at the weighted average exchange rate of 387.44 drams per dollar were carried
YEREVAN, OCTOBER 15, NOYAN TAPAN. The Central Bank of Armenia (CBA) Board made a decision to leave the 5% refinancing rate unchanged. The interest rates of
YEREVAN, OCTOBER 15, NOYAN TAPAN. Mayor of Yerevan Gagik Beglarian on October 15 received a delegation led by Jean-Patrick Marquet, European Bank for Reconstruction and Development (EBRD)
YEREVAN, OCTOBER 15, NOYAN TAPAN. Purchase and sale transactions of 2 million dollars at the weighted average exchange rate of 386.5 drams per dollar were carried
YEREVAN, OCTOBER 15, NOYAN TAPAN. At the October 15 sitting, the Armenian government made a decision to allocate 1.7 billion drams from the Stabilization Fund (established
YEREVAN, OCTOBER 15, NOYAN TAPAN. At the October 15 sitting, the Armenian government made a decision to extend the term of the "temporary import" customs regime
YEREVAN, OCTOBER 14, NOYAN TAPAN. On the occasion of International Day of Standards, RA Prime Minister Tigran Sargsyan visited on October 14 the RA National Institute
YEREVAN, OCTOBER 14, NOYAN TAPAN. The work on modernization of the 5th power unit of the Hrazdan Thermal Power Plant (TPP) is scheduled to finish in
YEREVAN, OCTOBER 14, NOYAN TAPAN. Sale and purchase transactions of 1.65 million dollars at the weighted average exchange rate of 385.43 drams per dollar were carried
YEREVAN, OCTOBER 14, NOYAN TAPAN. Ameriabank has completed negotiations with international financial organizations on the credit programs for construction of small hydropower plants and crediting of small
According to a report of the Fund, the milk-collection center will be a two-story facility: the milk-collection center with necessary equipment will be located on the
YEREVAN, OCTOBER 12, NOYAN TAPAN. "Buy the Armenian" national campaign as part of the Water-to-Market (WtM) Activity of the Millennium Challenge Account- Armenia (MCA-Armenia) Program will start
YEREVAN, OCTOBER 12, NOYAN TAPAN. An exhibition of the Water-to-Market (WtM) Activity of the Millennium Challenge Account-Armenia (MCA-Armenia) Program will be held in Yerevan on October 13-14.
YEREVAN, OCTOBER 12, NOYAN TAPAN. Armenian Prime Minister Tigran Sarsgyan received the delegation of the executive directors of the International Monetary Fund (IMF) on October 12. He
YEREVAN, OCTOBER 12, NOYAN TAPAN. 587,008 users were connected to the gas consumption system of Armenia as of October 1. The number of gas users grew
YEREVAN, OCTOBER 9, NOYAN TAPAN. In case of opening the Armenian-Turkish border, the trade will enable to lower production prices in Armenia. However, as former Prime
YEREVAN, OCTOBER 8, NOYAN TAPAN. In accordance with the decision made by the RA government at the October 8 sitting, no bonuses will be given for
YEREVAN, OCTOBER 8, NOYAN TAPAN. At the October 8 sitting, the Armenian government approved the draft decision on the establishment of the Gyumri Economic Development Fund.
YEREVAN, OCTOBER 8, NOYAN TAPAN. During October 8 sitting, the Armenian government took a decision to defer the payment of value added tax of 810 thousand
YEREVAN, OCTOBER 8, NOYAN TAPAN. Despite the global financial and economic crisis, sales of products made by Sorcio company engaged in the Armenian IT sector grow
YEREVAN, OCTOBER 8, NOYAN TAPAN. At the October 8 sitting, the RA government approved the reports on the framework of environmental assessment and research and on
YEREVAN, OCTOBER 7, NOYAN TAPAN. The jubilee 30th two-day sitting of the CIS Interstate Council for Antimonopoly Policy (ICAP) started in Yerevan on October 7. Among
YEREVAN, OCTOBER 6, NOYAN TAPAN. Preventive repairs and tests on the North Caucasus - Transcaucasia gas main were completed in the morning of October 6. At
YEREVAN, OCTOBER 6, NOYAN TAPAN. More than 70 Russian companies are expected to participate in the second Russian industrial exposition Expo-Russia Armenia to be held at
YEREVAN, OCTOBER 6, NOYAN TAPAN. The RA National Assembly on October 6 passed in the first reading the previously discussed bill on approval of the 3-year
YEREVAN, OCTOBER 2, NOYAN TAPAN. The DigiTec 2009 international exhibition opened at the Karen Demirchian Sports and Concert Complex in Yerevan on October 2. The event
YEREVAN, OCTOBER 2, NOYAN TAPAN. Loans of 79bn drams were provided from the state budget of RA to Armenian residents in January-August 2009, with this index
YEREVAN, OCTOBER 2, NOYAN TAPAN. The RA state budget's revenues amounted to 415.5bn drams, expenditures - 494.5n drams in January-August 2009, which ensured the implementation of
YEREVAN, SEPTEMBER 2, NOYAN TAPAN. The expenditures of the RA state budget amounted to 494.5bn drams in January-August 2009, including expenditures of 9.8bn drams at the
YEREVAN, OCTOBER 1, NOYAN TAPAN. Without solution of a number of problems, the opening of Armenian-Turkish border cannot have a positive impact on Armenia's economy, member
MOSCOW, OCTOBER 1, NOYAN TAPAN - ARMENIANS TODAY. President of Troyka Dialog Group Ruben Vardanian is one of the top twenty business leaders in Russia.
YEREVAN, OCTOBER 1, NOYAN TAPAN. The Union of IT Enterprises (UITE) and the Enterprise Incubator Foundation (EIF) will hold the 5th annual international exhibition DigiTec 2009 at
YEREVAN, OCTOBER 1, NOYAN TAPAN. Armenia strives to become a leader in IT markets and to have an advanced information society and a knowledge-based economy, Director
YEREVAN, OCTOBER 1, NOYAN TAPAN. Work to relaunch Nairit chemical plant started two days ago after the completion of repairs carried out following the accident at
ROME, SEPTEMBER 30, NOYAN TAPAN. The official opening of Yerevan-Rome direct flights to be operated by Armavia airline took place at "Sala Blu" Hall of Leonardo
YEREVAN, SEPTEMBER 30, NOYAN TAPAN. Opening the Armenian-Turkis border will have a considerable positive effect on the development of Armenia's economy and also result in positive qualitative
YEREVAN, SEPTEMBER 29, NOYAN TAPAN. Issues related to resumption of USAID/Armenia discontinued program, work organization, and selection of spheres were discussed during the September 29 meeting of
YEREVAN, SEPTEMBER 29, NOYAN TAPAN. The natural gas supply of Armenia will be temporarily suspended on October 1-5 due to repairs of the North Caucasus-Transcaucasia gas-main
YEREVAN, SEPTEMBER 29, NOYAN TAPAN. "After the release of preliminary macroeconomic indices for January-August 2009, we can say with confidence that we have already reached the lowest
YEREVAN, SEPTEMBER 29, NOYAN TAPAN. Armenia's foreign debt - GDP ratio will slightly exceed 40% in 2010. As Minister of Finance Tigran Davtian stated at
YEREVAN, SEPTEMBER 29, NOYAN TAPAN. In 2010, economic growth will make 1.2-1.3% in Armenia which will enable to get out of the crisis in 2011, RA
YEREVAN, SEPTEMBER 28, NOYAN TAPAN. "2009 was a difficult year, and the whole economy has felt the impact of the crisis. The Armenian government worked and
YEREVAN, SEPTEMBER 28, NOYAN TAPAN. At the September 28 special sitting of the Armenian government, the 2010 draft state budget of the Republic of Armenia was
YEREVAN, SEPTEMBER 28, NOYAN TAPAN. The analyses show that in case of the normalization of relations with Turkey, direct investments in the Armenian economy may grow
YEREVAN, SEPTEMBER 28, NOYAN TAPAN. Construction work at Yerevan Thermal Power Plant (TPP) has entered a final stage, with the units being put into operation one
YEREVAN, SEPTEMBER 28, NOYAN TAPAN. The USAID-funded Competitive Armenian Private Sector (CAPS) Project, the American University of Armenia Extension Program, and the Armenian Restaurant Association are launching
YEREVAN, SEPTEMBER 25, NOYAN TAPAN - ARMENIANS TODAY. The delegation headed by RA Prime Minister Tigran Sargsyan on September 24 went on a two-day working visit
YAROSLAVL, SEPTEMBER 25, NOYAN TAPAN. The delegation headed by Prime Minister Tigran Sargsyan paid a working visit to the Russian city of Yaroslavl where the 11th
YEREVAN, SEPTEMBER 25, NOYAN TAPAN. Sale and purchase transactions of 10 million 660 thousand dollars at the weighted average exchange rate of 385.86 drams per dollar
YEREVAN, SEPTEMBER 25, NOYAN TAPAN. At the September 24 siiting, the RA State Commission for the Protection of Economic Competition recognized ArmenTel (Beeline brand) and FiberNet Communications
YEREVAN, SEPTEMBER 24, NOYAN TAPAN. The 2010 program was discussed at the September 24 sitting of the RA State Commission for the Protection of Economic Competition.
YEREVAN, SEPTEMBER 24, NOYAN TAPAN. "Armenia will feel the economic effect of opening the Armenian-Turkish border no sooner than in three years. The first effect will
YEREVAN, SEPTEMBER 24, NOYAN TAPAN. "Although I expected the rate of the Armenian economy's decline to fall by 1-1.5% in August, the economic indices of 8
YEREVAN, SEPTEMBER 24, NOYAN TAPAN. Opening the Armenian-Turkish border may have a considerable impact on Armenia's economy, Chairman of the RA State Commission for the Protection of
YEREVAN, SEPTEMBER 24, NOYAN TAPAN. At the September 23 sitting, the Board of the RA Audit Chamber approved the current reports on the results of the
MINSK, SEPTEMBER 24, NOYAN TAPAN - ARMENIANS TODAY. The Armenian Ambassador to Belarus O. Yesayan gave a press conference at the Republican Press Center in Minsk
YEREVAN, SEPTEMBER 23, NOYAN TAPAN. At the September 23 sitting, the Armenian government approved the bill on making an addition to the RA Law on Value
YEREVAN, SEPTEMBER 23, NOYAN TAPAN. The development prospects of Armenia's IT sector and the steps being taken in this direction were discussed at the September 22
YEREVAN, SEPTEMBER 23, NOYAN TAPAN. At the September 23 sitting, the Armenian government approved the draft decision on the privatization of state property through the Stock
YEREVAN, SEPTEMBER 23, NOYAN TAPAN. By the instruction of the Armenian prime minister, the heads of all the departments must submit the 2010 programs and priorities
YEREVAN, SEPTEMBER 22, NOYAN TAPAN. The implementation of EU-Armenia Action Plan of the European Neighborhood Policy, issues of deepening the relations between Armenia and the European Union
YEREVAN, SEPTEMBER 22, NOYAN TAPAN. The contract on construction of four gravity systems (Aygezard, Shenik, Mantash, and Vardenis) was signed between the Millennium Challenge Account - Armenia
YEREVAN, SEPTEMBER 22, NOYAN TAPAN. Armenia's GDP declined by 18.4% in January-August 2009 on the same period of last year and made 1 trillion 761 billion
YEREVAN, SEPTEMBER 17, NOYAN TAPAN. A protocol on the completion of the official translation of the International Financial Reporting Standards was signed between the RA Ministry of
YEREVAN, SEPTEMBER 17, NOYAN TAPAN. At the September 17 sitting, the Armenian government approved the draft decision on laying fiber optic cables in the areas adjacent
YEREVAN, SEPTEMBER 17, NOYAN TAPAN. At the September 17 sitting, the Armenian government made a decision, according to which information about whether the given dairy product
YEREVAN, SEPTEMBER 17, NOYAN TAPAN. The RA Minsitry of Economy and Kaspersky Lab, a company based in Moscow, signed a memorandum on cooperation on September 16.
YEREVAN, SEPTEMBER 16, NOYAN TAPAN. U.S. Ambassador to Armenia Ms. Marie Yovanovitch, RA Deputy Prime Minister, Minister of Territorial Administration Armen Gevorgian, Minister of Agriculture Gerasim Alaverdian
YEREVAN, SEPTEMBER 16, NOYAN TAPAN. The National Assembly of Armenia on September 16 ratified 4 international credit agreements discussed the day before.
YEREVAN, SEPTEMBER 15, NOYAN TAPAN. The RA National Assembly adopted in the first reading the revised package of tax amendments submitted by the government - at
YEREVAN, SEPTEMBER 15, NOYAN TAPAN. 15 charitable projects were discussed during the September 11 sitting of the commission for the coordination of charitable projects of the
YEREVAN, SEPTEMBER 12, NOYAN TAPAN - ARMENIANS TODAY. The RA Ministry of Diaspora and Hanguyc team on September 8 signed a memorandum, under which the sides
YEREVAN, SEPTEMBER 12, NOYAN TAPAN - ARMENIANS TODAY. RA Minister of Diaspora Ms. Hranush Hakobian received a delegation of the Armenian-Syrian Business Council on September 9.
YEREVAN, SEPTEMBER 11, NOYAN TAPAN. Despite the global crisis, Yerevan Brandy Company (YBC) concluded the 2008-2009 fiscal year (from July 2008 to June 30, 2009) with
YEREVAN, SEPTEMBER 11, NOYAN TAPAN. Yerevan Brandy Company (YBC) will start the purchase of grapes on September 16. The YBC CEO Ara Grigorian said at the
YEREVAN, SEPTEMBER 11, NOYAN TAPAN. At the September 10 sitting, the RA government made a decision to transfer the amount of 543 million 500 thousand drams
YEREVAN, SEPTEMBER 11, NOYAN TAPAN. By the decision of RA Prime Minister Tigran Sargsyan, Tigran Barseghian was relieved of his post as deputy head of the
YEREVAN, SEPTEMBER 11, NOYAN TAPAN. The discussions of the 2010 state budget will start at the Armenian government on September 11. At the September 10 sitting
YEREVAN, SEPTEMBER 9, NOYAN TAPAN. Armenia-Spain business forum started in Yerevan on September 9. The purpose of the event is to promote and expand direct contacts
YEREVAN, SEPTEMBER 9, NOYAN TAPAN. By forecasts of the International Monetary Fund (IMF), the economic recession will make 10-15% in Armenia this year, IMF Resident Representative
YEREVAN, SEPTEMBER 9, NOYAN TAPAN. The National Assembly can quietly pass the amended tax package of the government. Chairman of the NA Standing Committee on Economic
YEREVAN, SEPTEMBER 9, NOYAN TAPAN. Opening the Armenian-Turkish border will contribute to the development of the economies of both countries and create new perspectives such as a
ZAGREB, SEPTEMBER 9, NOYAN TAPAN. On September 8 - the second day of his 3-day official visit to Croatia, Armenian President Serzh Sargsyan together with President
YEREVAN, SEPTEMBER 9, NOYAN TAPAN. At the September 8 sitting, the Board of the Central Bank of Armenia (CBA) made a decision to reduce the refinancing
YEREVAN, SEPTEMBER 8, NOYAN TAPAN. Armavia airline, Armenia's national carrier, and Air France have signed an agreement on cooperation. Armavia's Commercial Director Tereza Ghazarian announced at
YEREVAN, SEPTEMBER 8, NOYAN TAPAN. After the accident in the chloroprene section of Nairit chemical plant, the production process will restart in two weeks. NT correspondent
YEREVAN, SEPTEMBER 8, NOYAN TAPAN. The global financial crisis has had almost no impact on Yeghvard Yeast Plant. NT correspondent was informed by the plant's director
YEREVAN, SEPTEMBER 7, NOYAN TAPAN. The Union of IT Enterprises (UITE) and the Enterprise Incubator Foundation (EIF) will hold the 5th annual DigiTec Expo 2009 at
YEREVAN, SEPTEMBER 7, NOYAN TAPAN. Issues ralated to the most efficient use of the potential of the Diaspora, particularly of the Armenians in Russia, and the
YEREVAN, SEPTEMBER 7, NOYAN TAPAN. A 170 million yen grant agreement was signed between Japan and Armenia at the RA Ministry of Agriculture on September 4.
YEREVAN, SEPTEMBER 7, NOYAN TAPAN. The Armenian government has launched the implemention of State Guarantee for Completion of Incompleted Apartment Buildings anti-crisis program. Assistant of the Armenian
YEREVAN, SEPTEMBER 4, NOYAN TAPAN. Armenia Expo 2009 international trade and industrial exhibition opened at Karen Demirchian Sport and Concert Complex in Yerevan on September 4. More
YEREVAN, SEPTEMBER 4, NOYAN TAPAN. By a September 3 decree of Armenian President Serzh Sargsyan, Karine Minasian was relieved of her post as member of the
YEREVAN, SEPTEMBER 4, NOYAN TAPAN. 585,164 users were connected to Armenia's gas consumption system of as September 1, 2009. The number of gas consuming users grew
YEREVAN, SEPTEMBER 4, NOYAN TAPAN. DigTec Expo 2009 entitled "Your Digital Future" will be held at Karen Demirchian Sport and Concert Complex in Yerevan on October
YEREVAN, SEPTEMBER 3, NOYAN TAPAN. At the September 3 sitting, Prime Minister Tigran Sargsyan gave two instructions to the RA Ministry of Urban Development. According to
YEREVAN, SEPTEMBER 1, NOYAN TAPAN. The World Bank's Board of Executive Directors made a decision last week to allocate an additional sum of 36.6 million USD
YEREVAN, SEPTEMBER 1, NOYAN TAPAN. Armenian President Serzh Sargsyan on August 31 signed a decree on appointing Grigor Ghonjeyan a member of the Board of the
YEREVAN, SEPTEMBER 1, NOYAN TAPAN. James Macbeth Forbes, Program Director of the German Technical Cooperation (GTZ) enterprise, and Melanie Moltmann, German Charge d'Affaires in Armenia, visited on
WASHINGTON, AUGUST 31, NOYAN TAPAN - ARMENIANS TODAY. On August 28, the Armenian National Committee of Hollywood hosted a Small Business Tax Seminar, in collaboration with
YEREVAN, AUGUST 28, NOYAN TAPAN. In the opinion of the RA Minister of Finance Tigran Davtian, the RA National Statistical Service's data, according to which a
YEREVAN, AUGUST 26, NOYAN TAPAN. The USAID's 3.16 million-dollar Artashat water supply project has been completed. The reservoirs repaired under the project were officially delivered for operation
YEREVAN, AUGUST 26, NOYAN TAPAN. The RA State Commission on Protection of Economic Competition stated that the situation with respect to competition of essential goods in
YEREVAN, AUGUST 26, NOYAN TAPAN. The Armenian banking system will end this year by making a profit, Chairman of the Union of Armenian Banks, Chairman of
YEREVAN, AUGUST 20, NOYAN TAPAN. VivaCell-MTS proceeded with the Summer Inspiration project for the regional culture houses and arts and crafts schools of Armenia, now in
YEREVAN, AUGUST 20, NOYAN TAPAN - ARMENIANS TODAY. Kamar, a company of Armenian experts engaged in construction sector, started operating in the spring of 2009. The
YEREVAN, AUGUST 20, NOYAN TAPAN. At the August 20 sitting, the RA government made a decision on the redistribution of the 2009 state budget of Armenia,
YEREVAN, AUGUST 20, NOYAN TAPAN. At the August 20 sitting, the RA government made a decision to set up a specialized custom house for goods delivered
YEREVAN, AUGUST 20, NOYAN TAPAN. No steps are currently being taken to overcome the crisis in Armenia, and the incomplete policy of the government cannot ensure
YEREVAN, AUGUST 20, NOYAN TAPAN. At the August 20 sitting, the Armenian government made an amendment to the RA government's Protocol Decision on Approval of the
YEREVAN, AUGUST 19, NOYAN TAPAN. There has been a 16.3% economic downturn in Armenia in 2009 due to a decline in construction (53%) and industry (11.3%),
KRASNODAR, AUGUST 19, NOYAN TAPAN - ARMENIANS TODAY. Carrying on the work of his teacher - Academician Vasily Pustovoyt, Karsnodar-based Armenian selectionist Ashot Kalayjian has received a
YEREVAN, AUGUST 12, NOYAN TAPAN. The Head of the Trade and Efficient Markets of the RA Ministry of Economy Gagik Kocharian provided explanations concerning several decisions
YEREVAN, AUGUST 12, NOYAN TAPAN. The RA Ministry of Economy and a Belarusian delegation on August 12 signed an agreement, by which one of Belarusian machine-building
YEREVAN, AUGUST 12, NOYAN TAPAN. 0.1% growth was recorded in Armenia's tourism sector in the first half of 2009 on the same period of 2008. Head
YEREVAN, AUGUST 7, NOYAN TAPAN. "The Armenian people have a special attitude to builders: over the centuries this profession has been among those favored by the
YEREVAN, AUGUST 6, NOYAN TAPAN. The Armenian government has made amendments and an addition to Decision No 581 of September 20, 2000. Based on the amendments,
YEREVAN, AUGUST 6, NOYAN TAPAN. The Armenian government has deferred for 3 years the payment of the value added tax sums (calculated by customs bodies) in
YEREVAN, AUGUST 6, NOYAN TAPAN. At the August 6 sitting, the Armenian government took a decision on making amendments and additions to the concession agreement on
YEREVAN, AUGUST 6, NOYAN TAPAN. At the August 6 sitting, the Armenian government took a decision on construction of the North-South Road Corridor. RA Prime Minister
YEREVAN, AUGUST 6, NOYAN TAPAN. The scales in all shops must be checked once a year, which, however, is not done in Armenia, Chairman of the
YEREVAN, AUGUST 5, NOYAN TAPAN. Receiving Brazilian Ambassador to Armenia Mrs. Marcela Nikodemos on August 5, RA Minister of Transport and Communication Gurgen Sargsyan presented in detail
YEREVAN, AUGUST 5, NOYAN TAPAN. Within the framework of the "Roaming without Borders" action, VivaCell-MTS company's pre-paid subscribers in a number of countries/networks can receive incoming calls
YEREVAN, AUGUST 5, NOYAN TAPAN. A new ABP-1600 rolling unit was put into operation at Armenal aluminum foil mill - part of the United Company Rusal,
YEREVAN, JULY 31, NOYAN TAPAN. Armenia-based commercial banks cease operating as a commercial bank as soon as they start to use credit resources provided by the
YEREVAN, JULY 31, NOYAN TAPAN. The Advisor to the RA National Assembly Speaker Tatul Manaserian believes that the trends to an economic slump in Armenia will
YEREVAN, JULY 31, NOYAN TAPAN. Starting from August 1, 2009, taxis with a yellow number plate can freely cross the Armenian-Georgian border. NT was informed by
YEREVAN, JULY 31, NOYAN TAPAN. Since 2008, the EU's GSP+ system - the additional preferences to the Generalized System of Preferences (GSP) has allowed Armenia and
YEREVAN, JULY 31, NOYAN TAPAN. To meet the requirements of the RA Law on Railway Transport, raise the responsibility of the railway staff, hazardous cargo forwarders
YEREVAN, JULY 31, NOYAN TAPAN. At the July 30 sitting, the Armenian government made amendments and additions to the Government Decision No 1246 of December 24,
YEREVAN, JULY 29, NOYAN TAPAN - ARMENIANS TODAY. The World Bank's Board of Executive Directors has approved a 30 million-dollar Irrigation Rehabilitation Emergency Project for Armenia, Head
YEREVAN, JULY 29, NOYAN TAPAN. Progress has been made in the issue of the new Yerevan-Batumi motorway construction. RA Minister of Transport and Communication Gurgen Sargsyan
YEREVAN, JULY 29, NOYAN TAPAN. There are currently 563 licensed organizations with a total of 6,792 vehicles and 605 individuals providing taxi services in Armenia. Spokeswoman
YEREVAN, JULY 29, NOYAN TAPAN. Shimidzu Corporation (Japan) is carrying out work at Nubarashen dump for reduction of emissions of greenhouse gases. NT correspondent was informed
YEREVAN, JULY 28, NOYAN TAPAN. After the accident at the chloroprene department of Nairit Plant, it is planned to resume production starting from the second half
by Hakob Asatrian The first Armenians appeared in Macedonia as early as the 17th century. The Balabanovs (Balabanians) were one of
YEREVAN, JULY 27, NOYAN TAPAN. In the period of January to May 7, 2009, the State Food Safety and Veterinary Inspection of the RA Ministry of
YEREVAN, JULY 27, NOYAN TAPAN. Local tests of equipment are being conducted at the Armenian-Chinese rubber joint venture under construction in China. NT correspondent was informed
YEREVAN, JULY 24, NOYAN TAPAN - ARMENIANS TODAY. There are more than 70 hotels in Armenia. Several sanatoriums, motels, camps and tourists' homes are also available.
YEREVAN, JULY 24, NOYAN TAPAN. 0.1% growth was recorded in Armenia's tourism sector in the first half of 2009 on the same period of 2008. Head
YEREVAN, JULY 23, NOYAN TAPAN. There have already been some positive impulses in the Armenian economy, RA Prime Minister Tigran Sargsyan stated at the July 23
YEREVAN, JULY 23, NOYAN TAPAN. At the July 23 sitting, the Armenian government approved the program on the creation of an agricultural tourism & hotel center
YEREVAN, JULY 23, NOYAN TAPAN. Several Armenian websites, including the site of the Armenian government, have become a target of numerous attacks by hackers over the
YEREVAN, JULY 23, NOYAN TAPAN. By the May 20 decision of the RA prime minister, the Armenian government has set up the International Expert Commission on
YEREVAN, JULY 22, NOYAN TAPAN. The results of the anticrisis measures taken by the government are already noticeable in the Armenian economy, RA Prime Minister Tigran Sargsyan
YEREVAN, JULY 22, NOYAN TAPAN. Armenian Prime Minister Tigran Sargsan on July 21 visited Aspar Wild Tour organization. According to him, the activities of this tourism
YEREVAN, JULY 21, NOYAN TAPAN. Armenia's GDP dropped by 16.3% in January-June 2009 on the same period of 2008 and amounted to 1 trillion 119 billion
YEREVAN, JULY 17, NOYAN TAPAN. Negotiations of the Armenian-German Intergovernmental Commission on Financial and Technical Cooperation took place in Bonn on July 15-16. The Armenian delegation headed
YEREVAN, JULY 17, NOYAN TAPAN. Head of the RA Presidential Staff Karen Karapetian on July 17 conducted a working consultation on the program of creating an
YEREVAN, JULY 17, NOYAN TAPAN. The Union of Information Technology Enterprises of Armenia (UITE) organized a conference on July 17 to discuss the ways of developing
YEREVAN, JULY 17, NOYAN TAPAN. Excavation work for building a new town in the city of Spitak in Lori marz began on July 15. Armenian President
YEREVAN, JULY 17, NOYAN TAPAN. Following almost 2 years of negotiations, U.S.-based Bedian International in cooperation with Hilton Hotels Corporation will build a 3 star hotel
YEREVAN, JULY 16, NOYAN TAPAN. At the July 16 sitting, the Armenian government approved the 2009-2012 strategy of the development of the city of Jermuk. According
YEREVAN, JULY 16, NOYAN TAPAN. At the July 16 sitting, the Armenian government adopted the draft on regulating the procedure of the open publication of topographic
YEREVAN, JULY 13, NOYAN TAPAN. The demand for mortgage loans continues to be strong in Armenia, Chairman of the Central Bank of Armenia (CBA) Arthur Javadian
YEREVAN, JULY 13, NOYAN TAPAN. Germany will provide 20 million euros to Armenia. The indicated sum will be given through KfW bank and allocated for the
YEREVAN, JULY 13, NOYAN TAPAN. Armenia's foreign debt-GDP ratio will make 37-38% in the next 10-15 years. RA Minister of Finance Tigran Davtian said during the
YEREVAN, JULY 13, NOYAN TAPAN. Germany will provide 20 million euros to Armenia. The indicated sum will be given through KfW bank and allocated for the
YEREVAN, JULY 13, NOYAN TAPAN. The National Mortgage Company (NMC) on July 10 started its activities under the first credit refinancing agreement signed with Armbusinessbank. Chairman of
YEREVAN, JULY 10, NOYAN TAPAN. "The budgetary expenses are incurred by 100% and any cases of salary nonpayment are exluded," RA Minister of Finance Tigran Davtian
YEREVAN, JULY 9, NOYAN TAPAN. The natural gas supply of Armenia resumed at 5:30 pm on July 9. The supply was cut off on the morning
YEREVAN, JULY 9, NOYAN TAPAN. At the July 9 sitting, the Armenian government made a decision to give a budgetary guarantee to Vahe Harutyunian company to
ASHTARAK, JULY 9, NOYAN TAPAN. The World Bank Regional Director for the South Caucasus Asad Alam, who is on a working visit to Yerevan, on July
YEREVAN, JULY 9, NOYAN TAPAN. The state should use the opportunities created by the global crisis and encourage economic development, RA Minister of Economy Nerses Yeritsian declared
YEREVAN, JULY 9, NOYAN TAPAN. On the initiative of the RA Chamber of Commerce and Industry (CCI), a delegation of German businessmen arrived in Armenia on
YEREVAN, JULY 9, NOYAN TAPAN. With the aim of overcoming the consequences of the crisis, the Armenian government is taking measures aimed at preventing the economic
YEREVAN, JULY 8, NOYAN TAPAN. In 2008 Armenia's real GDP exceeded twofold the 2002 level: remittances from abroad, foreign investments, and construction were the main driving forces
YEREVAN, JULY 8, NOYAN TAPAN. The concept of the development of the city of Jermuk was discussed at the July 8 working consultation conducted by Head
YEREVAN, JULY 8, NOYAN TAPAN. Production volumes have grown considerably at ArmenAl foil plant: in June the plant produced 2.5 thousand tons of foil, which exceeded
YEREVAN, JULY 8, NOYAN TAPAN. "The economic crisis continues to deepen in Armenia and worldwide: the economic slump made 15% instead of 9.5% in the country
YEREVAN, JULY 7, NOYAN TAPAN. RA Minister of Finance Tigran Davtian and World Bank Regional Director for South Caucasus Asad Alam on July 7 signed an
YEREVAN, JULY 7, NOYAN TAPAN. The credits to be given to Armenia by the World Bank, the Asian Development Bank, the International Monetary Fund and the
YEREVAN, JULY 7, NOYAN TAPAN. At best, the economic slump will make no less than 9.5% in Armenia this year. Armenian Prime Minister Tigran Sargsyan stated
YEREVAN, JULY 7, NOYAN TAPAN. The construction and agriculture were the key branches of Armenia's rapidly developing economy in recent years, Armenian Prime Minister Tigran Sargsyan said
YEREVAN, JULY 6, NOYAN TAPAN. ProCreditBank offers new special terms for Visa international cards until August 31. A 50% discount is given for the first year
MOSCOW, JULY 6, NOYAN TAPAN. The International Finance Corporation (IFC) and the United States Agency for Internationl Development (USAID) help Armenian banks to increase their experience in
YEREVAN, JULY 6, NOYAN TAPAN. The number of gas comsuming subscribers of ArmRusgazprom CJSC grew by 7,929 in the first half of 2009, including 1,388 subscribers
YEREVAN, JULY 6, NOYAN TAPAN. An international conference "The Impact of the Global Economic Crisis on Armenia: The Long-Term and Short-Term Outlooks" will be held in
YEREVAN, JULY 6, NOYAN TAPAN. The former Armenian minister of finance Levon Barkhudarian (1993-1997 and 1999-2000) considers the current government's policy of expansion as correct, in particular,
YEREVAN, JULY 3, NOYAN TAPAN. Satisfactory macroeconomic indices were ensured in Armenia under conditions of the global financial and economic crisis. Head of the World Bank
YEREVAN, JULY 3, NOYAN TAPAN. The World Bank's Board of Executive Directors on July 2 approved the first Development Policy Operation (DPO) of 60 million USD
AKHALKALAK, JULY 2, NOYAN TAPAN - ARMENIANS TODAY. This year reconstruction work will start both in the city of Akhalkalak and regional villages with funds allocated
YEREVAN, JULY 2, NOYAN TAPAN. The Control Chamber (CC) of Armenia conducted checks on the use of budgetary allocations and the management of state property at
YEREVAN, JULY 2, NOYAN TAPAN. At the July 2 sitting, Armenian Prime Minister Tigran Sargsyan said that about 180 billion drams of the credit provided by
YEREVAN, JULY 2, NOYAN TAPAN. At the July 2 sitting, the Armenian government approved the program of measures on Armenia's participation in Expo 2010 Shanghai China
YEREVAN, JULY 2, NOYAN TAPAN. There is another opportunity to get additional financial resources to promote the development of the Armenian economy. Armenian Prime Minister Tigran
YEREVAN, JULY 1, NOYAN TAPAN. The expenditures of the RA state budget amounted to 279.2bn drams in January-May 2009, including expenditures of 4.6bn drams at the
YEREVAN, JULY 1, NOYAN TAPAN. Taxes and duties of over 189.3bn drams were transferred to the RA state budget in January-May 2009, as a result of
YEREVAN, JULY 1, NOYAN TAPAN. The revenues and expenditures of the RA state budget amounted to 244.8bn drams and 279.2bn drams respectively, which ensured the fulfilment
AKHALKALAK, JULY 1, NOYAN TAPAN - ARMENIANS TODAY. Great attention has been paid to the appearance of Akhalkalak in recent years. The asphalting of roads, making
YEREVAN, JUNE 29, NOYAN TAPAN. Innovation economy is the only way out of the global crisis. The scientists participating in the international conference "The Innovation Way
YEREVAN, JUNE 29, NOYAN TAPAN. Starting from June 29, customers can receive and send money at all the branches of Ardshininvestbank through the Intel Express international payment
KAPAN, JUNE 29, NOYAN TAPAN. After the Armenian government's session held on June 26 in Kapan - the regional center of Synuk marz (province), the opening