Business & Economy

All people talk about nowadays is the gas price and they will keep talking about it until a final decision is not made regarding this issue. People will continue to talk about it even after a decision is made, however, the topic will not be about predictions, but rather consequences. Although there was no official …

After “taking an exam” in front of the Prime Minister yesterday, the ministers of Culture and Youth Affairs, Justice, Trade and Economic Development and Territorial Management gave their annual reports to journalists. Unsatisfactory for “musketeer” Hoveyan It was interesting to see who was going to give a report on the activities of the Ministry of …

The most that economical developments and reforms do are lead to political changes. We can prove this true sentence by using the example of our energy ministry. About ten years ago the energy minister of Armenia had more social and political power than the minister has now. Parallel to working out the energetic crisis, the …

We wrote about the free economy level index of 2006 published by “Heritage Foundation” in our previous publication, according to which Armenia has succeeded by 15 points compared to last year and now places 27th. We wrote that it was a pity that it wasn’t a pre-election period so it could be presented as a …

As we all know, the Iranian nuclear weapon project has been included in the UN Security Council’s agenda. Foreign media and specialists say that Iran may be punished for the nuclear weapons. Could that really affect some of the projects that we plan on implementing with Iran? In response to this question, Minister of Energy …

This year we decided to find out whether Mr. Alamdar continues to do what he used to do or whether he has changed his business behavior. But alas it turned out that nothing has changed. We were particularly interested in his relations with “Hay-Jrmoughkoyughi” (Armenian water supplying and sewage company) company and found out that …

“ “Alrosa” was not able to come to terms with Sterlite Industries Limited for purchasing the Ararat Gold Recovery Company (AGRC).” “Arminfo” news agency published this on January 11, according to which, the Russian “Alrosa” diamond recovery company wanted to purchase the “Ararat Gold Recovery Company” (AGRC). However, AGRC was not sold. According to the …

Starting from yesterday, the RA Ministries and bodies adjacent to the government began to present reports. By making it a little bit ironic, we may say, that this process is similar to student exam sessions. The braver ones go to the exam room sooner, the others’ hearts are pounding and they start to ask the …

Now the CB is the one responsible for controlling the whole financial field of Armenia. According to economist Edward Sandoyan, the adoption of such a system is a positive development, but there is a big problem here: the CB shouldn’t be the one controlling the field. The CB head Tigran Sargsyan didn’t reject the news …

In December 2005, the owners of “Nairit” formed a owners’ council and Karen Israelyan was elected as president. Karen Israelyan was the former owner of “ArmGasard” joint-stock company. He was removed and was immediately appointed to a new position in the “energy” field of economics. Let’s recall that the share-holdings belonging to “Nairit” were certified …