Business & Economy

How the domestic production is annihilated

01.09.2011

According to the customs information of the state income committee, 4,188,000 were imported to Armenia in 2010. In the first half of this year 15,100,000 eggs were imported to Armenia. This means that during the first half of this year three times more egg was imported to Armenia rather than during last year in total. …

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Greenspan forecasts fall of Euro

01.09.2011

“The European currency is falling and it may be negative for the US economy,” said former head of the US Federal Reserve Alan Greenspan. “Euro is falling and this process is resulting in difficulties in the European banking system. The lack of trust to securities in Euro is keeping the European banks in tension. Such …

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How to work with damage and get rich

01.09.2011

The list of major taxpayers, which is being posted by the State revenue Committee every quarter, has become quite popular among those citizens of Armenia, who are more or less interested in the economy of our country. In particular, the economists, journalists, statesmen, the major taxpayers themselves, are waiting impatiently for the next posting of …

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Where does the money flow to?

25.08.2011

Early this year the society was focused on the rumors concerning outflow of Armenian money to Georgia. Georgia published information, according to which over 100 companies had registered in Georgia, as a result of which different rumors were spread and even there were rumors about the possibility that successful businessmen (such as Hrant Vardanyan) could …

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In the fourth place by mistake

27.07.2011

During this week the most unclear piece of information was the one published by the Russian media, according to which they are the cheapest electricity producers. It would be for sure because they have both gas and oil. In addition, they have big rivers too. Their hydro-electric stations are old and sometimes may go out …

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How to diversify the slump

27.07.2011

According to the information published by the national statistics service, Armenia’s economic activity rate for June (compared to the same month of the previous year) was 2.3%. In May this rate was equal to 9.9%, which made the authorities happy. In April it was 7.7%. This means that the economic growth is becoming slower. As …

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A story of a “mistake”

27.07.2011

Everybody makes omissions including the mass media. Well, that’s a normal thing. It is impossible to avoid mistakes wherever there is the human factor. But when the mistake changes the content of the publicized information and when the other outlets re-publish this information on the next day it becomes a theme of discussion. That is …

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About everything and nothing

20.07.2011

Yesterday the PM Tigran Sargsyan was occupied with his favorite thing; he was giving a lecture. This time the students of the economy department of Yerevan state University had the opportunity to listen to the PM. Tigran Sargsyan gave diplomas to the bachelor’s and master’s graduates. The topic of the lecture was “The global economy …

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Once in Madagascar

20.07.2011

For the new generation of children Madagascar reminds of a cartoon. However, the prime minister says that according to the estimations of unknown experts Madagascar is a country. Even more, it is one of the least developed countries in the world. 75% of the population is poor according to all international standards. 80% of economically …

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UN is not Forbes

19.07.2011

The impression is that during the past week the international structures have started to jointly slam the economic policies of the Armenian government. So while the opposition is preparing to enter into a dialog with the government the flag of criticism is being carried by the internationals. The society hasn’t yet managed to digest the …

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