Business & Economy

“If a new wave of crisis starts, it will be impossible to predict what the development dynamics of our economy may be in the end of the year,” says the president of the “economy and values” research center Manouk Hergnyan. He does not exclude the possibility that there may be another phase of crisis, which …

– In fact the economic development rate for the past five months is 8,8%, which was more than the predictions of experts and economists. What do you think about this? Is our economy growing? – The development rate exceeded the predictions of economists. But it is worth mentioning that vulnerable economies with narrow diversification can …

Or as our government liked to say back in the day, on the background of the activation of the economy our national monetary unit is being strengthened. As the PR service of the RA Central Bank informs on June 25 transactions in the amount of 3.080.000 were made at the NASDAQ OMX Armenia OJSC with …

“I have no number to give you, but what I am hearing from different analysts is that the shadow economy in Armenia could be an equivalent of as much as 35 or 40 percent of GDP,” Aristomene Varoudakis, head of World Bank Yerevan Office told a news conference. “And of course, it is a very …

It is about one month that the director of Nairit company Vahan Melkonyan is not in Armenia.  During this month he paid a couple of short visits to Armenia, met with the prime minister and minister of energy and left for Moscow again. According to our information, the director has left for Moscow to negotiate …

Everybody has long ago got convinced that the duration of the advertisements on the Armenian TV with its meaningless plot and repetition has bored all of us. And what do the Armenian TC viewers do when at the best moment of the film or show the commercial pops out? Of course, in their mind or …

According to our information, the national flag air career Armavia air company owes a lot of money due to as air tax payments. It is a long time that this company does not pay the 10,000 drams air tax included in the price of airline tickets, as a result of which now this company owes …

In 2002 the government established the national center for development of small and medium businesses. This institution was in charge of providing support to small and medium businesses, as well as providing projects to develop this sector.  It is hard to say what this center has been doing within the past 8 years. The problem …

“We should follow the competitors of Armenia to a greater extent (neighboring countries, which provide similar services and results to tourists) and we should decide how we can exceed them both in the aspect of quality and development. The competition also implies innovations and new ideas, cooperation as well as efficient and optimal use of …

Even in the event of a great wish it is difficult not to admire the encouragement and stubbornness level of the Armenian government. The encouragement is connected with their own steps and stubbornness is connected with the attempts of conveying their encouragement to the MPs. We have once adverted to this theme, according to which …