Economy
.jpg "Unfavorable decision for Armenia to be a burden for state budget: economist")
12/03/2019 13:50Unfavorable decision for Armenia to be a burden for state budget: economistFor conducting additional expertise a case has been filed at the Investigative Committee within the framework of which it has been decided to conduct additional expertise to evaluate the risks. The government, in essence, stated about allocation of means to the Investigative Committee for signing contract with an international organization..jpg "Joint currency for EAEU member states impossible for near future: Michael Melkumyan")
12/03/2019 12:28Joint currency for EAEU member states impossible for near future: Michael Melkumyan“It is being very much spoken about, there are signed agreements, but there are still unsolved issues. There are problems which needed to be overcome,” he said..jpg "Lydian Armenia Announces Submission of Notices to Government of Armenia Under Bilateral Investment Protection Treaties")
11/03/2019 16:54Lydian Armenia Announces Submission of Notices to Government of Armenia Under Bilateral Investment Protection TreatiesUnder the UK BIT, Lydian UK may submit the dispute to international arbitration three months after such formal notification, and under the Canada BIT, Lydian Canada can do so after six months. In the meantime, the Government of Armenia has an opportunity to continue amicable discussions with Lydian with a view to the prompt settlement of the disputes..jpg "Protest actions against changes in bill on state fee envisaging 6 million AMD fee for pawnshops against current 100,000 AMD")
11/03/2019 11:46Protest actions against changes in bill on state fee envisaging 6 million AMD fee for pawnshops against current 100,000 AMDSpeaking to reporters, participant of the protest Almik company representative Gegham Khachatryan said they are protesting against groundless raise of state fee..png "Government may take low interest loan to develop economy: economist")
08/03/2019 14:44Government may take low interest loan to develop economy: economist“Next year, if I am not mistaken, we must pay 900 million USD debts. There will be no other opportunity. If we try to close the debts by the budget means and not by refinancing, then we will have underfunding in all the sectors. So, in my opinion, it is necessary to take loan by all means. The government cannot avoid it. Taking debt is financial tool. Many take it emotionally but it should be perceived so,” the specialist said..jpg "One of owners of House of Chanel perfume company Gérard Wertheimer to arrive in Armenia")
08/03/2019 12:02One of owners of House of Chanel perfume company Gérard Wertheimer to arrive in ArmeniaThis will be Wertheimer’s first visit to Armenia which will be of familiarizing nature. The businessman will get familiarized with Armenia’s history, historic-cultural heritage..jpg "Oil prices slide as economic outlook darkens, U.S. supply surges")
08/03/2019 11:30Oil prices slide as economic outlook darkens, U.S. supply surgesWith surging U.S. supply also unsettling markets, international benchmark Brent crude futures were at $65.78 per barrel at 0528 GMT, down 52 cents, or 0.8 percent from their last close..jpg "Armenia's PM urges taxi drivers with homewear treat their job properly")
07/03/2019 15:04Armenia's PM urges taxi drivers with homewear treat their job properlyThe head of the government also said that the bill aims to support the citizens in overcoming poverty and expressed hope that those having fifty, hundred million turnover will not split into ten, twenty mini enterprises..jpg "Oil edges up on Venezuela and Iran sanctions, OPEC supply cuts")
07/03/2019 14:28Oil edges up on Venezuela and Iran sanctions, OPEC supply cutsU.S. West Texas Intermediate (WTI) crude oil futures were at $56.24 per barrel, up 2 cents..jpg "Cabinet approves bill on making changes in government’s structure")
07/03/2019 12:27Cabinet approves bill on making changes in government’s structure“We must review the quality of our own work in general, the work of our department, in near future we must solve an unpopular issue. Only highly qualified staff must work in the state governance system,” the PM said..jpg "EU ready to assist Armenia but expects co-funding by Armenia: Pashinyan")
07/03/2019 12:05EU ready to assist Armenia but expects co-funding by Armenia: Pashinyan“It has been registered in Brussels that the EU is absolutely ready to support Armenia in the implementation of reforms,” the PM said..jpg "Fitch Ratings: Unsolved issue of Amulsar mine negative factor for foreign investments in Armenia")
07/03/2019 11:38Fitch Ratings: Unsolved issue of Amulsar mine negative factor for foreign investments in Armenia“Reducing the uncertainty regarding the resolution of the environmental dispute at the Amulsar gold mine could support export growth and foreign investment prospects,” the agency says..jpg "Economic growth, stable and speeded-up development main tools for overcoming poverty: Armenia’s president")
06/03/2019 16:13Economic growth, stable and speeded-up development main tools for overcoming poverty: Armenia’s presidentSylvie Bossoutrot, in her part said that a strategic document registering priorities of cooperation with Armenia for the upcoming four years is being prepared..jpg "Oil falls on U.S. inventory build, shale oil output forecasts")
06/03/2019 13:16Oil falls on U.S. inventory build, shale oil output forecastsInternational Brent crude futures were at $65.47 per barrel at 0745 GMT, down 39 cents, or 0.6 percent, from their last settlement. Brent had dropped to as low as $65.22 earlier in the session on Wednesday..jpg "No exact number of cuts mentioned: finance minister on cuts of state employees")
06/03/2019 12:13No exact number of cuts mentioned: finance minister on cuts of state employeesFormer deputy speaker of parliament Arpine Hovhannisyan published in her Facebook the writ of the finance minister and deputy PM Mher Grigoryan addressed to Nikol Pashinyan about grounding of cutting 10,000 state employees.
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