Business & Economy

Unlike the government’s assurances that the crisis will not have any impact on our country, now they say that even it will have a positive affect on our economy. Such idea was expressed by PM Tigran Sargsyan during a meeting with representatives of Gazprombank CJSC. Concerning the ongoing tendencies in the world and the fact …

Recently our citizens were applying to our editorial office as well with such alert calls. They were mentioning names of those banks, which would refuse to provide credits. We indeed because of understandable reasons will restrain ourselves from publicizing the names of those banks. Instead we will try to publicize the changes, which the banks …

Recently a newspaper published an article concerning the announcement of the Russian railways, which was entitled “Will not Sponsor”. The Russian railways are not going to sponsor the construction of Iran-Armenia railways. The one interested in this project is Armenia, thus the one to find resources to implement projects to break the blockade of this …

On October 26 at 1.25a.m. the guard of the house at 34B Isahakyan Street reported to the central department of the Police that on the same day at 12.30a.m. five unknown persons, four of them masked, climbed up the gate into the yard, then went into the house, where the former chief of the former …

Yesterday the NA started to discuss the draft budget of 2009. The budget 2009 will exceed 3 billion USD and the profit line will make 905 billion AMD and the expenditure line will make 345 billion AMD. Next year the budget will have a 40 billion AMD deficit. Yesterday the minister of finances Tigran Davtyan …

During the presentation of the draft budget 2009 yesterday the minister finances Tigran Davtyan stated that the next year expenditures are more “pro-miserable.” By saying that the minister gave the picture of the next year budget – “pro-miserable budget.” Reminder: Last fall during the presentation of the budget 2008 the prime minister of that time …

The budget of 2009 provides 1, 200,000 AMD for the purpose of buying kettles for the Central Bank. When a parliamentary deputy said that he was surprised to learn this during the discussions at the parliament the Central Bank president Artur Javadyan said that all expenses were substantiated. He also said that the Central bank …

The press department of SIL concern has published an announcement informing that the justice ministry’s department of mandatory fulfillment of orders has stopped the operation of Bjni factory. Together with the announcement the company has published their lawyer’s statement proving that the activities of the factory have been legal. The lawyer’s legal conclusion also contains …

According to the Russian minister of transport, the co-chair of the Armenian-Russian interstate commission Igor Levitin the Russian government would like to give Mars to a private Russian company which he said is ready to revitalize it with large-scale investments. “But the plant’s efficient and competitive functioning requires either the creation of a free economic …

On the background of the tension, which dominated in the past months, the “brainwashing” process of the society remained slightly imperceptible. The government, which has been bragging about the non-stop 10-year economic growth, tiger-like leap in economy, now seems to suffice themselves with only visions of the “Armenian miracle” or “Armenian world.” Even the 3.5 …