Business & Economy

We mentioned in our previous publication of “Banking system: illusive formation”, that we were going to write about concrete representatives of the banking system in our next publication. We also promissed, that we would try to write about the assessments and opinions of the big banks owners and managers of different bank sectors. Alas, we …

There are themes, which are written about in press only in the scopes of grant projects. As a rule, these themes are not so interesting. The TV programs and articles, which concern these subjects, are as uninteresting as those themes are. I mean the articles about the ecological and social vulnerable problems. Probably the organizations, …

Recently, the Armenian Brandy Factory has become the center of attention once again. This time, deputy of the National Assembly “Artarutyun” (Justice) union Aram Sargsyan is calling on everyone to focus on the legalities, shady enterprise and how the French “Perno Ricar” company, the new owner of the factory, fulfills the requirements stated in the …

The Central Bank (CB) of Armenia has worked out new ways for developing the financial system, where all the “players” must act according to that. And who is going to be the judge here? Of course the Central Bank. Goal of the CB Inflation is one of those 23 visions of the CB, which probably …

The expected increase of gasoline price may affect nearly everything in our life.One of the main ”shareholders” of this market predicts that driving a car in Armenia will be luxurious very soon and that only rich people will be able to drive a car. This may come true in the nearest future. Of course, the …

The banking system (BS), which is one of the most important substructures of our economy, has stayed out of the public eye in comparison with the representatives of our “national bourgeoisie”. As one of the experts of this field noted, in contrast to many other post Soviet countries, our banking system has not ”given birth” …

At the beginning of this month an unprecedented thing happened in the armenian financial market, particularly in the field of state stocks. During the first week of August the profitability of the usual obligations with one year running period and with 500 mln AMD capacity, issued by the Ministy of Finance and Economy, reached 3,24 …

The National Statistics service has summarized the first half of 2005 year. The internal commodity turnover was increased for 32 %, the export – for 38 %, and the import – for 23,5 %. Noone can understand how could this increase take place, in case when mining was reduced for 36 %, and the production …

The assessments experts, that there are monopolies in different fields in RA economy, are not prooved yet in the fields we have examined till now. Anyhow, this in accordance with the official information and the marks viewed by those businessmen. While there are also fields, which are not monopolized, but are ruled by duopolies, i.e. …

In case of any changes in the market of prices, the CB always states, that according to the law, their obligations are to provide the due marks of prices sustainabiliy and inflation. As a rule, the CB states marks close to the planned ones in their reports to show, that their work is effective. Anyway, …