Business & Economy

According to minister of ecology of Armenia Vartan Ayvazyan, Armenia plans on constructing the second cemetery for radioactive wastes. Journalists informed the minister that the radioactive wastes have penetrated into the surface water, but the minister denied that.

A couple of days ago, “ArmRusGazard” appealed to the Public Services Coordinating Committee about raising the gas prices. Of course, everyone knew that that was going to happen sooner or later. But they weren’t expecting it to happen like this. First, let’s find out how the people found out. “HyeLur” (Armenian News) read the headline …

Several years ago, an ambassador to one of the European countries in Armenia gathered all the coffee samples from our market and sent them to Europe to be tested. It turned out that at least 15% of coffee sold in Armenia is not the real thing. Unfortunately, this conclusion was not publicized because many high-ranking …

Of course this is not a good thing, but we must agree that everyone is worried due to the fact that they don’t know just how much the gas price will increase. However, there is one thing we do know: the price is going to go up. But the Russian “Gazprom” company , which supplies …

You can hear this expression in Armenian cafes, restaurants and bars. As a rule when clients answer to the question of waiters “what kind of coffee?” they say “sweet”, “medium” or “bitter”. But this is not so important, the important thing is that it would be more logical to say what kind of coffee they …

President of the Central Bank of Armenia Tigran Sargsyan believes that it would be best for the bank and the government to fix the inflation rate for this year, which according to preliminary data, is 3%. The National Assembly fixes the inflation rate each year and it is the Central Bank’s job to keep the …

Plenipotentiary representative of the Armenian government for “ArmenTel” and member of the owners’ council of “ArmenTel” Serge Sargsyan was fired on February 1, 2005. Sargsyan has not been working for “ArmenTel” for a year; however, he still has ties with the telephone company. The thing is that Sargsyan still hasn’t received his total and that …

In one of our previous editions, we published the announcement of the head of RA national statistics service Stepan Mnatsakanyan, who claimed that the money capacity in cash in our country covers 84 % of the total money capacity of our country. But head of the Central Bank Tigran Sargsyan doesn’t agree with this mark. …

The head of the RA taxation body, Felix Tsolakyan has ordered the tax inspection bodies to visit trade spots and make sure people trade only with Armenian dram. So trade halls should be more careful because if they sell products in dollars they will have to pay penalties equivalent to the sum of the trade. …

Spring is in the air, however, Armenians still have no clue as to what will happen with the gas price. Based on the fact that the RA Committee on Regulating Public service should notify the population of a gas price increase three months prior to the actual increase, we may assume that the gas consumers …