Ara GALOYAN

There weren’t any serious economical developments last week. There was no change in the currercy exchange rates for a while, and then the downfall continued. The National Assembly was concerned about that some MPs even proposed to organize discussions dedicated to that problem and call the president of the Central Bank to the parliament to …

It is strange but August seems to be an month for studying. It is strange because usually students and pupils go on vacation during the summer. This period is very important for educational institutions and schools. This is when universities finish their entrance exams and schools register new pupils for first grade. As a result …

Summer has made the social and political life of our country slow down. August is the month for vacation in Armenia. Only two fields of Armenian economy work intensively; agriculture and construction. This is based on the season. Due to the current situation in Armenia’s financial market of Armenia, we may assume that the Central …

The RA ministry of economy and finances has its annual report on “RA public debt” as of January 1, 2006. Our society is paying close attention to this. However, the political parties are indifferent. The reason for this is the fact that our government is used to borrowing credits. One can see that when looking …

People are not very interested in the banking system of Armenia. After the collapse of the Soviet Union and the loss of bank deposits, citizens don’t trust the banks with keeping their money anymore. In spite of this, international financial organizations do different things with the purpose of preventing possible money laundering in Armenian banks. …

The second annual “One Nation, One Culture” pan-Armenian cultural festival. It almost sounds majestic. Not because the government spent 117 million AMD and not because it is the second festival. There were about 2,000 participants from Armenia and the Armenian Diaspora. The events took place in all the elegant auditoriums and theatres of Yerevan. All …

In the summer, time goes slowly in the city. In fact, it goes slower than jazz. This is not the case in villages because villagers can spend their time in their gardens. On the contrary, there isn’t much to do in the city. Furthermore, there aren’t any good places to go sightseeing; the newly built …

Several days ago, one of my female colleagues said, “Women’s month has started; we won’t have to worry about our daily problems and we will be the only ones roaming the city.” She was glad that the world soccer championship had begun. Women won’t have any problems with their husbands for the next month. They …

Armenians can see that the government has managed to fight against corruption. In spite of the fact that no one has been punished yet, the government is still taking steps for that purpose. It has even managed to use its right of proposing legal recommendations. A week ago, the government presented a bill to the …

The recent resignation of the RA NA speaker and the events that followed mixed things up at the parliament. Some of the discussed bills that were brought to the parliament in that period should have been paid attention to. I mean one of the drafts concerning excise tax. The ULP faction proposed a bill, according …