Business & Economy

Real estate market is still in crisis

08.06.2011

In 2009 the consequences of the crisis were evident in Armenia and the topic of real estate prices became one of the most discussed issues. The reason is the fact that the real estate market is the main and the most sensitive indicator of the financial crisis. As it happened in other countries, in Armenia …

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Why banks love the government

02.06.2011

In our previous publications we have written about the complaints connected with the bonds issues by the state. As this topic needs much information, we are writing about it one more time to understand the reasons of those debates. Journalists and experts are accusing the government in establishing high interest rates for state bonds as …

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Forget, forget everything

02.06.2011

Yesterday the Armenian parliamentarians voted 13 to 10 to reject the no-confidence motion brought against the government by the ARF Dashnaktsutyun parliamentary group. It was originally clear not only to everyone but also the authors of the motion that it would be denied. It is no accident that before the voting the head of ARF …

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Visiting the airport

02.06.2011

President Serzh Sargsyan visited Zvartnots airport to familiarize with the construction works of the airport’s new terminal and participated at the opening ceremony of the refrigerating complex which is built according to modern international standards and is located next to the cargo section of the airport. The refrigerating complex has been built to assist the …

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Light and shadow of internal debt

02.06.2011

The state debt is the most favorite theme of economic journalists. But the main attention is drawn on foreign debt. The theme of internal debt is being slightly ignored. And the articles on internal debt mainly contain one important criticism directed to the high-level profitability of state obligations. Both journalists and individual experts mention that …

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Ararat Park Hyatt at the Republic Square

02.06.2011

One of the buildings at Republic Square (the building of the former Council of Trade Unions) has been sold to the owners of the Ararat Park Hyatt premium class hotel in Moscow. It turns out that the transaction was done in 2008 but the construction will start in the near future. The Ararat Park Hyatt …

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Who pays the debts?

20.05.2011

The National Assembly has deeply discussed the issue of Armenia’s foreign debt. The interesting thing is the fact that the participants of these active debates were not the opposition and government, but the members of the coalition. The chief treasurer of the country Atom Janjughazyan informed MPs that in the end of 2010 Armenia’s foreign …

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Metallic growth

12.05.2011

According to the list of the largest taxpayers of Armenia, during the first three months of this year the largest 1000 taxpayers paid 106.5 billion drams to the budget. It is more than the same sum of the previous year by 9.3%. The first 300 taxpayers have paid 10.5% more tax, and the first 100 …

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Why did the tax incomes grow?

12.05.2011

The published list of the largest 1000 taxpayers according to separate sectors, types of activities and owners will be discussed in the media for a long time. For that reason we will not discuss separate companies and tax payments by them, instead of which we will focus on an interesting tendency observed in the list …

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Discussion contributing to growth of corruption

10.05.2011

The more we try not to write about prime minister Tigran Sargsyan the opposite is happening. On the contrary, the moment we have a notion not to allude to the theme of Tigran Sargsyan on that very day, something happens that doesn’t let the notion become realize. The last thing that made us remember the …

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