Business & Economy

This issue gives both Armenians and Turks a very hard time. Yesterday the Turkish Radical daily newspaper adverted to its negative effects for Armenia. The economic journalist of Armenian descent Aram Ekin Duran, who has recently visited Armenia, observed the matter in the context of whether the opening of the border is useful for the …

As it’s known, for our government the improvement of the indices for Armenia of the international organizations is more important than the reality. Armenia has even elaborated an official program aimed at raising our rating in the “Doing Business” and other publications. And yesterday’s indices released by Forbes magazine really caught in surprise the Armenian …

The theme of migration periodically becomes fashionable and bargain-able. The last bargaining was brought up by the Prime Minister Tigran Sargsyan. During his interview to our newspaper the premier either strangely or sincerely brought up a very interesting analysis. It was so strange that war was waged between the politicians and media. They even demanded …

The government is initiating tax amnesty. It is not a full amnesty but the debts of companies will be forgiven partially. There may be even pre-election purposes in this action, but if it is the case, businessmen do not lose anything. This is not the first amnesty. In 2006 the government declared amnesty for private …

Two days ago the media of Armenia published two piece of news, which at first glance were not connected. Specifically, the media published information that free Wi-Fi connection would be available in public transport. Also, one of the newspapers wrote that an old woman had bought rice for 50 drams (less than 15 cents) from …

Will the Russian GazProm increase the price of gas supplied to Armenia? If yes, how much? Currently Russia takes 180 dollars per 1000 cubic meters of gas. The spokesperson of ArmRusGazArd company informs that there are not agreements over the price yet and currently the parties are negotiating for that purpose. However, it is for …

Since the independence and transformation to market economy the price of gas supplied to Armenia has always been a hot topic of discussions. Even more, this issue has always been discussed from the prospective of political issues. Why does GazProm want to increase the price if gas? The answer would be that this company wants …

It turns out that the banking system of Armenia has developed so much and the competition is so tense, that they have launched a strong competition of prices and interest rates for financial tools and services offered in the market. They are reducing interest rates to attract creditors. This is not our opinion only but …

The National Statistics Service published the rate of economic activity for 2011 and described that in April this rate 107.7% compared to the same period of the previous year. While people were describing of the possibility of returning to double-digit growth, the statistics services published the general rate for economic development for the period of …

According to the state budget 2011, 4,6% economic growth is anticipated for Armenia for the current year. Nobody has ever argued about this number; nobody ever discussed whether it is a realistic forecast or not or whether it is too ambitious or not. Moreover, the forecasts of international structures also match with this number. The …