Economy
19/03/2020 11:14Armenia and Artsakh must get out of the crisis stronger: Armenia’s PMHe stressed the necessity of implementation of development programs and provide serious support to the economy.
18/03/2020 21:13Armenia’s government to direct 150 billion AMD to country’s economy: PM“Agriculture is a right sector for making investments,” Pashinyan said.
18/03/2020 20:41Armenia’s PM: Biggest problem now is uncertaintyEverything is collapsing now, and we have a big construction area and must think of building new life, new state, new opportunity, new economy, new society.
17/03/2020 16:58Armenia’s CB reduces refinancing rate by 0,25%, making it 5,25%At the March 17 session the Central Bank Board decided to reduce the re-financing rate by 0,25%, making it 5,25%.
17/03/2020 12:48Armenia faces no issue of lack of flour, sugar, oil, butter: SCPEC chairman“We are monitoring 44 products. Among the most consumed products are grain products. We are to get new cargo of grain products,” the chairman said, adding that these products currently exist in Armenia’s stores.
13/03/2020 14:09Georgian banks offer 3-month repayment holidays on loansGiven the current situation in the country, leading local banks, TBC Bank and Bank of Georgia, are launching a new, customer-oriented policy, i.e. offering three-month repayment holidays on loans amidst the coronavirus pandemic, Georgia Today reports.
13/03/2020 12:59Armenia’s PM says reclassification in global economy may open new opportunities for Armenia“We want to draw the attention of our business community to the opportunities that may be created as a result of these reclassifications,” he said.
13/03/2020 12:00Armenia’s government should undertake serious steps to avoid economic issues because of coronavirus: economist“Many functioning contracts may be suspended, new ones will not be signed which will hinder the supplies affecting Armenia’s economy. These countries are of critical significance for Armenia as they supply cheap products,” he said, stressing that it is critical issue as Armenia faces poverty and unemployment issues.
11/03/2020 12:17Tashir Group acquires shares of Sevan-Hrazdan hydro power plant“As a result of transaction the financial debt level of RusHydro reduced by 4 billion rubles and the currency risks of the loan portfolio of the group have been completely excluded,” the statement said.
10/03/2020 17:05Armenia’s PM holds phone conversation with Russian counterpart“We have discussed the processes taking place in the global market, our actions,” Pashinyan stated at the “Yes” propaganda campaign in Kapan.
09/03/2020 14:29CC can hardly be a reason of lack of investments in Armenia: ex-officialI do not think that the CC influences the investments. Currently there are no big projects yet.
05/03/2020 15:39Armenia must think of building ANPP new power unit: expertAs to Armenia-EU Comprehensive and Enhanced Agreement, one of the demands of which is to close Armenia’s Nuclear Power Plant in 2026, the expert said the closure of ANPP is not expedient not having equivalent replacement.
05/03/2020 11:37Issue of Armenian trucks gathered on border with Georgia to be settled today: minister“It is about 20-30 cars, which will be examined today and reach Lars,” Khachatryan said.
02/03/2020 16:42SRC ex-chairman Vardan Harutyunyan appointed to high position in GazpromHarutyunyan was working in Gazprom Armenia (former ArmRusgasprom) for many years heading it from 2010-2016. Before it, he was deputy director of the company.
02/03/2020 13:15Armenia to try to purchase new bunch of masks, but prices will be higher: SCPEC chairman“As of the moment there are networks which do not have masks but prices remained unchanged. In small pharmacies the price for masks has been raised. We even have learnt that masks are being sold on List.am but they are not under our control,” he said.