Business & Economy

The theme of inflation continues to be actual. Yesterday during the consultation on the economic policy President Serzh Sargsyan specifically spoke about inflation and formation of prices in Armenia. He phrased the question quite categorically, “The government and the CB should understand that by the end of the year we should have at least a …

Turkish Airlines company wants to transport Armenians from the US to Armenia through the territory of Turkey. According to the Turkish Hurriyet this announcement was made by the head of the Turkish Airlines company Hamdi Topchu during a reception. The latter said that their company wanted to become a bridge between the US and Armenia. …

“The Armenian authorities are relying on monopolies and falsifications,” said ANC representative, former PM Hrant Bagratyan during yesterday’s press-conference. He assured that the ANC, led by former president Levon Ter-Petrosyan, would do their best to take the country out of this situation. According to Bagratyan, if the price of gas has not been increased in …

Hrant Bagratyan, member of the Armenian National Congress, Former Prime Minister of Armenia dwelt on February 28 on the Armenian-Russian agreement on the gas price. Hrant Bagratyan says that gas price in Armenia is very high and there was no reason to increase it even more. He says that consumers in Armenia get the gas …

The government has made a decision and closed the issue of cars with Georgian plate numbers. The owners of cars subject to compulsory customs proceedings were given an opportunity to postpone the payment. This was not the result the owners of those cars were struggling for, which means that the demonstrations may continue. Those people …

The employees of Armavia airline company have received letters from the management of the company notifying that the company will work till April 1. The employees of this company say that the company will be dissolved and the employment contracts with the staff will be terminated. In answer to our question concerning these rumors the …

On these days the society is most interested in prices and especially the prices of stapled goods. Because one day the price of onion rises, on the next day the potato price jumps up. And before that the dairy product producers did the same thing – rose the prices. No one understands anything. Seemingly the …

“The prices of food products will continue growing in the international market. A period is starting when the warm climate will have a serious role,” said American billionaire George Soros to the French Les Echos newspaper. He says that the connection between the revolutions in the Middle East and the growth of prices is not …

Yesterday the National Statistics Service summed up the economic indices of the first month of the current year. In general, they don’t do serious analyses based on the first month of the year. They mostly do it for formal purposes.  In January the economic activism drastically falls connected with the holiday season, vacations and other …

If this process continues this way, in the end of the year we will have almost double-digit inflation rate. This time the Central Bank does not believe that the inflation rate will be at least close to the allowable upper limit of 5.5%. “The potential processes in the sector of agriculture are not known yet, …