Economy
28/12/2018 10:05No decision over gas price yet: Nikol Pashinyan“The discussions over gas price will continue in a working format. Of course, it has been registered that it is a very sensible topic for both parties. I am optimistic over the issue and hope that favorable developments will be registered for us or at least no unfavorable will be registered,” Pashinyan said.
27/12/2018 19:03Putin hopes Russian-Armenian trade turnover growth to be continuative“During the ten months of this year the trade turnover has grown by another 17.5%. The tempo is quite promising and should be preserved,” Russia’s president said.
27/12/2018 18:54Armenia ready for further integration in sidelines of EAEU“We are ready for further integration in the sidelines of the EAEU and seriously treat our presidency in the EAUE. I am convinced that during our presidency we will have an effective integration process,” he said.
27/12/2018 16:092018-2022 master plan for Zvartnots and Shirak airports approvedIt is also expected restore the platform of Gyumri’s Shirak airport. After the restoration the airport will have necessary conditions for exploitation of Airbus A-320 and B757-200 planes.
27/12/2018 15:04Demand of cargo transporting companies has no relation to State Revenue Committee functions: chairman“I have nothing to comment on. SRC is administrative body not political,” he said, adding that if there are any legislative issues and legislative changes are necessary it is the function of another body.
27/12/2018 14:19Socially insecure families to pay 10 AMD less for electricityThe Public Services Regulatory Commission has discussed at its December 27 session the issues on making changes and additions in the 2016 decision and reviewed the tariffs of electricity system companies.
27/12/2018 13:55Oil slips back toward 18-month lows on oversupplyBrent crude oil was down 70 cents, or 1.3 percent, at $53.77 a barrel by 0845 GMT. U.S. light crude oil was 50 cents lower at $45.72.
27/12/2018 12:16No growth in gas price expected: acting minister“We naturally negotiate over reduction of price. I am not aware of the Russian proposals. The best result for us will be reduction of price,” the acting minister said.
27/12/2018 10:51Fines and penalties of 14,963 creditors lifted by banks“As a result of legislative changes in July Armenian banks lifted fines and penalties to 14,963 creditors. Loan histories of 124,000. This process is continuous,” he wrote.
26/12/2018 20:29Suspension of Lydian Armenia company's activity results in low export volume: Khosrov HarutyunyanReferring to the tough statements addressed to the activity of Lydian Armenia company, Harutyunyan said that to eliminate the concerns the government must forward clear demand and do everything to reduce the danger even for a percent.
26/12/2018 20:11New government rather focused on establishing its political influence than on carrying out economic policy: Khosrov HarutyunyanHarutyunyan also attached significance to the government’s staff, noting that the political force which assumed the responsibility of state management system was not ready for that burden.
25/12/2018 15:33South Caucasian Railway employees ask Pashinyan to raise issue of railway at meeting with Russia’s Putin“They note that the railway continues working in a way it used to with the leadership claiming they have no issues and will work as they worked previously,” Gorgisyan shared the concerns of the employees.
25/12/2018 13:41Armenia’s acting PM to be guided by Armenia’s interests if gas price issue is discussed in Moscow: Newly elected MPReferring to the situation over the post of the CSTO secretary general, Igityan said that Armenia is trying to carry out constructive works regarding the structure’s charter.
24/12/2018 16:03Bill on Government’s restructure to be discussed on January 14If adopted, the bill will enter into force from January 1, 2019. The bill has not been put for wide discussion yet. It is expected to be discussed at the first session of the new parliament on January 14.
24/12/2018 11:46Armenia’s government to cut servicemen’s loan interest rates by halfThe sense of the decision lies in cutting in half the loan interest rates and prolonging the service term. As a result, for instance if a serviceman pays monthly 50,000 AMD pay-off after the envisaged changes he will start paying 25,000 AMD.