Economy
21/05/2019 21:35The European Parliament expresses concern about Nikol Pashinyan's appeal to block courts“On 18 May, a court in Yerevan rules that Armenia’s former President Robert Kocharyan be released from prison pending the outcome of his trial.
21/05/2019 15:47We must not repeat the mistakes we made 25-30 years ago: director of Geology InstituteIn case of using contemporary exploitation technology it is possible to control and reduce risks. The control and monitoring of the state as well as the consciousness of the miners are very necessary.
21/05/2019 12:38No doubts of economic revolution in Armenia: economist“So if anyone doubts that there cannot be economic revolution we are ready to fade your doubts. Be convinced that as far as there is political revolution, it will not become a reality without the economic one,” the economist said.
21/05/2019 11:15According to CB assumption Amulsar program to be resumed from second part of the year: Nerses Yeritsyan“We have made an assumption that Amulsar will work from the second part of the year, but it is just our assessment. From this viewpoint there are some assessments regarding mine industry,” Yeritsyan said.
21/05/2019 10:422019 economic growth to fluctuate between 4,6-6,1%: CB“The point forecasts as of now is 5,4%,” the deputy chairman of the CB said.
20/05/2019 16:32IMF to provide 248.2 million USD loan to ArmeniaUpon the Board's approval, an amount equivalent to SDR 25.714 million (about US$35.5 million) becomes immediately available to Armenia, and the remaining amount will be made available, subject to six semi-annual reviews.
17/05/2019 15:52Armenia’s PM hopes issues with Gazprom over gas price to be settled by yearendHe said the gas price issue with Gazprom will be settled by the end of the year.
17/05/2019 13:57100 investments projects implemented in Armenia’s Tavush: governorHe said the volume of investments in road construction sector will total over 8 billion AMD.
17/05/2019 13:53Today agriculture has very low productivity: Tavush governor“We must make it more effective for our farmers for them to love agriculture again. There will not be any unused land in Tavush. We already have a progress in this regard,” he said.
17/05/2019 12:29Residents of Gndevaz still hope that Amulsar works will be resumed again“We really hope that the government will come to conclusion that the mine can be exploited and many families will again have jobs,” Ararat Hakobyan said.
16/05/2019 13:53Initial results of research over Amulsar exploitation to be handed to Investigative Committee in late May: Avinyan on Amulsar issueAsked about possible impact of the case with Lydian on other future investors, the deputy PM said that the government is first of all being guided by the interests of the Armenian people.
15/05/2019 16:11Dispute with Lydian should be resolved expeditiously to give confidence to investors: U.S. Ambassador“We are looking for the resolution of the dispute that has been in play in the recent months,” the ambassador said, adding that such kind of disputes must be resolved expeditiously to give confidence to investors.
14/05/2019 13:37Delay of economic revolution makes the change of power senseless: PAP lawmaker“The delay of the economic revolution neutralizes and almost deprives the political revolution, the change of power in particular, of its sense,” he wrote, adding that it is necessary to be cold blooded and objective.
13/05/2019 16:15Meeting held between Nikol Pashinyan and Xavier Bettel: Armenia, Luxemburg to give new impetus to bilateral cooperationNikol Pashinyan and Xavier Bettel discussed prospects of cooperation in different sectors of the economy - information technologies, processing industry, agriculture, tourism and other spheres. Mindful of boosting business ties, the parties highlighted the importance of business forums.
11/05/2019 14:5955-megawatt power solar station to be built during 2019-2020 in Armenia’s Gegharkunik region“In Armenia the solar power potential is not fully used. Armenia is a country having higher from average solar potential. We are having about 1,500-1,800 hours solar days and Gegharkunik region has the biggest potential,” he said, adding that 8 out of 13 licensed solar stations are in Gegharkunik region.