Economy
19/03/2019 13:08Projects with EU may be implemented on the account of state debt growth: Pashinyan“The most visible sources for our investments are foreign sources which supposes growth of the state debt and the issue is whether we are ready to choose this way,” Pashinyan said adding that the issue needs to be seriously discussed with the Central Bank and experts.
19/03/2019 12:55Armenia’s PM discussed Iranian agenda with Russia’s president before departing for Iran“The discussions will continue until final conclusion is made. Our position is to continue cooperation in all possible directions and in all possible sectors,” Pashinyan said.
19/03/2019 12:22Mortgage loans grow by 100% as compared with past year: Armenia’s PMHe said currently there are 89 investments programs totaling 2,7 billion USD.
18/03/2019 17:02Oil edges above $67 as OPEC-led supply cuts supportOPEC and non-OPEC ministers who met in Azerbaijan to monitor their oil supply-cut accord said they planned to exceed their commitments. Saudi Arabia signaled OPEC may need to extend the curbs until the end of the year.
18/03/2019 12:14Each issue may be solved via cooperation: PM to residents of ramshackle building“We pay as much as we can, but we do not know whether they are being spent on purpose or not. Who allows us to follow how they are being spent?” one of the residents said.
18/03/2019 11:45Tobacco production developed in Kashatagh, to ensure 1,000 and more jobs in the region: Artsakh ex-PMIt is clear that in some period of time in some sectors mistakes have occurred but it does not mean that we have failed the opportunities of country’s economic development.
15/03/2019 15:40Global investor Robert Bassili predicts financial crisis in ArmeniaUS dollar will be safe haven during the crisis which will automatic devalue the AMD, but currently I think the correct pricing USD/AMD will equal 520.
15/03/2019 12:53Dispute between Lydian and Armenian government serious signal for big investors: Alexander KhachaturyanWe must understand that when you deal with such listed company it will not be a maneuver only. We must not think that it is just a tactical maneuver.
15/03/2019 11:51Meat trade on streets not a way to solve social issues: Armenia’s PM“The protection of rights of consumers is an absolute priority for us and we should not view these trade processes with the social issues,” Pashinyan said.
15/03/2019 11:34Trust climate in Armenia’s business environment should be improved: economistThe economist said that the economic policy between two different countries are agreed with political approaches and obviously, the political disputes have certain impact on economic relations as well, but in case of Russia and Georgia the situation is quite another.
14/03/2019 18:04Three Armenian Banks Finance Significant Investment Deal of Armenian CompanyThe acquisition finance was arranged by Ameriabank with successful syndication with two other Armenian banks. The three banks extended a USD 40M loan of which USD 32M was issued by Ameriabank.
14/03/2019 15:02Adoption of bill on State Fee to allow only big players stay in the market“He listened to us, promised to have discussions with the responsible of the sector. In case of necessity he will brief to PM. The aid said he must listen to the second side too and get familiarized with the issue,” Mher Gevorgyan, advocate of interests of pawnshops said.
14/03/2019 11:18Employees of pawnshops and currency exchange points protest in front of government building“We are not going to get closed, we are going to grow to make our voiced heard. Our wish is to make the PM solve the issue. If the bill is adopted 95% of pawnshops will close,” one of the owners of pawnshops said.
12/03/2019 16:49Armenia needs railway with Iran: Michael MelkumyanSpeaking to reporters today, he said that there are issues which need to be viewed from not only economic viewpoint but from political as well.
12/03/2019 14:29Lydian International free to start arbitration process and dispute the create situation: economist“I suppose you are speaking about negative impact. In general, Armenia’s economy must develop based on reprocessing industry. What now takes place does not bring honor to our country. We seem to be in stone age – lifting raw materials from mines and exporting them. We do not create any new values,” Manaseryan said.