YEREVAN, DECEMBER 19, NOYAN TAPAN. Under the World Bank program "Restoration of City Heating Systems in Armenia", Ardshininvest Bank and ACBA Credit Agricole Bank have already given
YEREVAN, DECEMBER 19, NOYAN TAPAN. In connection with frequent outbreaks of bird flu in Rostov region (Russia), the import of live birds, poultry, eggs and egg
YEREVAN, DECEMBER 19, NOYAN TAPAN. By the decision of the Armenian prime minister Serge Sargsian, Gayane Afrikian has been appointed the project manager (executive director) of
YEREVAN, DECEMBER 18, NOYAN TAPAN. At the December 18 special session, the RA National Assembly passed in the third reading and completely the bill on establishment
YEREVAN, DECEMBER 18, NOYAN TAPAN. 5 Armenian companies issued bonds this year, with Araratbank being the first one to initiate a public offer of shares, the
YEREVAN, DECEMBER 18, NOYAN TAPAN. Employees of the RA State Customs Committee's Department for the Fight against Smuggling prevented an attempt to smuggle about 205 tons
YEREVAN, DECEMBER 18, NOYAN TAPAN. Issues related to the new complex to be constructed at Zvartnots Airport, the aviation sector and Gyumri Airport were discussed at
YEREVAN, DECEMBER 18, NOYAN TAPAN. The special session of the National Assembly, which was convened on the initiative of the Armenian president, ended on December 18
YEREVAN, DECEMBER 18, NOYAN TAPAN. Since 2001, 1,689 TIR booklets have been given to Armenian cargo carriers. NT correspondent was informed by the office of Armenia's Association
YEREVAN, DECEMBER 12, NOYAN TAPAN. At the December 17 special session, the RA National Assembly adopted in the first reading the bill on establishment and reconsideration
YEREVAN, DECEMBER 17, NOYAN TAPAN. At the end of the December 17 special session, the RA National Assembly discussed in the first reading the bill submitted
YEREVAN, DECEMBER 17, NOYAN TAPAN. Issues related to energy security were mainly discussed at the 37th assembly of the Black Sea Economic Cooperation Organization (BSEC) held
TSAKHKADZOR, DECEMBER 17, NOYAN TAPAN. The draft concept of information policy in the social protection sector of the RA will be presented to all interested sides
YEREVAN, DECEMBER 17, NOYAN TAPAN. The international tender for selecting the concession manager of the Armenian railway will be held on December 21. NT was informed
YEREVAN, DECEMBER 14, NOYAN TAPAN. Receiving the World Bank Regional Vice President For Europe and Central Asia Shigeo Katsu on December 14, the Armenian president Robert
YEREVAN, DECEMBER 14, NOYAN TAPAN. The newly-repaired "Armavir" branch of VTB Armenia Bank was opened on December 14. The chairman of VTB Armenia Bank Valery Ovsyannikov,
YEREVAN, DECEMBER 14, NOYAN TAPAN. Repairs of the heat suplly systems of 95 city schools in Armenia (except schools in Yerevan) have already been completed under
YEREVAN, DECEMBER 14, NOYAN TAPAN. Under conditions of rapid economic development, it is impossible to avoid appreciation of the national currency, and as a small country Armenia
YEREVAN, DECEMBER 14, NOYAN TAPAN. The 4th international exhibition "Expo Beauty 2007" with the participation of more than 40 Armenian and foreign companies opened at the
YEREVAN, DECEMBER 14, NOYAN TAPAN. The 46th sitting of the heads of customs services of CIS member states opened in Yerevan on December 14. Among issues
YEREVAN, DECEMBER 14, NOYAN TAPAN. Armeconombank and the European Bank for Reconstruction and Development (EBRD) on December 14 signed an agreement on a 15 million-dollar syndicated credit.
YEREVAN, DECEMBER 14, NOYAN TAPAN. The foreign trade of Armenia made 1 trillion 201.3 billion drams or 3 bln 458.1 mln USD (in current prices) in
YEREVAN, DECEMBER 13, NOYAN TAPAN. At the December 13 sitting, the Armenian government approved the draft decision on establishing the technical regulations of reguirements on juices and
YEREVAN, DECEMBER 12, NOYAN TAPAN. The Central Bank of Armenia (CBA) has re-rated 7 enterprises. NT was informed by the CBA press service that Ashtarak Kat
CAIRO, DECEMBER 12, NOYAN TAPAN. It is envisaged that a memorandum of mutual understanding on cooperation between Armenia and Egypt in the IT sector and on
YEREVAN, DECEMBER 12, NOYAN TAPAN. The World Bank Europe and Central Asia Regional Vice-President Mr. Shigeo Katsu, who is now in Azerbaijan, will come on a
YEREVAN, DECEMBER 12, NOYAN TAPAN. Ararat Gold Recovery Company (AGRC) has filed a lawsuit against the RA State Tax Service (STS) to the RA Economic Court
YEREVAN, DECEMBER 12, NOYAN TAPAN. Henceforth the RA State Customs Committee's specialized custom house on customs registration of transport means will function in a new building where
YEREVAN, DECEMBER 12, NOYAN TAPAN. 4,491 cars were imported into Armenia in 2006 by 7 legal entities and 3 natural persons operating in the market of
YEREVAN, DECEMBER 12, NOYAN TAPAN. About 16 companies operating in the butter and vegetable oil markets dispute the October 19 decision of the RA Commission on
YEREVAN, DECEMBER 12, NOYAN TAPAN. At the December 12 sitting, the RA State Commission on Protection of Economic Competition warned the economic entities with a dominating position
YEREVAN, DECEMBER 11, NOYAN TAPAN. Construction work of 490 bln 894.5 mln drams (about 1 bln 409 mln USD) was done in Armenia in January-October 2007,
MOSCOW, DECEMBER 11, NOYAN TAPAN. Ms. Consuelo Vidal, UN Resident Coordinator and UNDP Resident Representative in Armenia and Mr. Sergey Hamdardzumyan, Moscow-based Armenian private entrepreneur, on December
YEREVAN, DECEMBER 11, NOYAN TAPAN. The revenues and official transfers of the RA state budget made 442 bln 946.7 mln drams (about 1 bln 271.4 mln
YEREVAN, DECEMBER 11, NOYAN TAPAN. Preliminary discussions were held on December 10 between the Armenian and US governments within the framework of the Nuclear Smuggling Outreach Initiative
YEREVAN, DECEMBER 11, NOYAN TAPAN. Out of the budgetary expenditures of 437 bln 806.4 mln drams (over 1 bln 256.6 mln USD) in January-October 2007, expenditures
YEREVAN, DECEMBER 11, NOYAN TAPAN. According to the State Register of Legal Entities and Private Businessmen of the RA Ministry of Justice, in January-October 2007, 3,247
YEREVAN, DECEMBER 11, NOYAN TAPAN. As of late September, 2007, the RA foreign debt amounted to 443bn 751m drams or more than 1bn 321.5m USD. In
YEREVAN, DECEMBER 11, NOYAN TAPAN. Armenia's gas supply was restored on December 10, at 23:00. It had been temporarily stopped due to the plan restoration and
YEREVAN, DECEMBER 10, NOYAN TAPAN. The authorized capital of Cascade Insurance CJSC has grown by about 200 million drams in the fourth quarter of 2007 and
YEREVAN, DECEMBER 10, NOYAN TAPAN. The insurance company Cascade Insurance is the first one in Armenia to open a 24-hour service center for customers with the
YEREVAN, DECEMBER 10, NOYAN TAPAN. The newly-created custom house, which is specialized in customs registration of goods liable to excise tax, has transferred customs payments of
YEREVAN, DECEMBER 10, NOYAN TAPAN. The rating Ba2 on risks related to the Armenian government's fulfilment of its liabilities in Armenian drams and foreign currencies, the
YEREVAN, DECEMBER 10, NOYAN TAPAN. The leasing agreement signed previously between Armavia airline and VTB Bank is being implemented. Thanks to the implementation of this 55-60 million-dollar
YEREVAN, DECEMBER 10, NOYAN TAPAN. The credit program on operation of the Teghut copper and molybdenum mine is the biggest one (with the participation of the
YEREVAN, DECEMBER 8, NOYAN TAPAN. Armenian students will participate for the first time in "ImagineCup" international contest held by Microsoft, with the final stage of the
YEREVAN, DECEMBER 7, NOYAN TAPAN. By the December 7 decision of the Central Bank of Armenia (CBA), ProKreditBank CJSC received a licence for banking activity, NT
YEREVAN, DECEMBER 7, NOYAN TAPAN. The gas supply of Armenia will be discontinued on December 8-11 with the aim of carrying out scheduled repair and restoration
YEREVAN, DECEMBER 7, NOYAN TAPAN. A bill envisaging amendments in the Law on Protection of Economic Competition was put into official circulation in the RA National
YEREVAN, DECEMBER 6, NOYAN TAPAN. Analyses made by Moody's Investor Service international rating company show that the intergrowth of Armenia's political and economic elites is a
YEREVAN, DECEMBER 6, NOYAN TAPAN. Moody's Investor Service international rating company has again assigned Armenia Ba2 rating of risks related to fulfilment of liabilities in the national
YEREVAN, DECEMBER 6, NOYAN TAPAN. The European Commission will continue assisting Armenia with closing the Metsamor nuclear power plant, the Charge d'Affaires of the European Commission's Delegation
YEREVAN, DECEMBER 6, NOYAN TAPAN. The European Commission has assessed the potential of renewable energy in Armenia, particularly in the Sevan Lake basin. According to the
YEREVAN, DECEMBER 6, NOYAN TAPAN. The Yeghvard yeast factory plans to increase its annual production to 480 tons by late 2007, which is more by 180
YEREVAN, DECEMBER 6, NOYAN TAPAN. An assembly point of agricultural machinery has been created in Bavra for agricultural development of Ashotsk region in Shirak marz. The governor
YEREVAN, DECEMBER 5, NOYAN TAPAN. The sharp appreciation of the Armenian dram or the depreciation of the dollar is worrying not only because of its impact
YEREVAN, DECEMBER 5, NOYAN TAPAN. The Armenian president Robert Kocharian on December 4 signed the RA Law on the 2008 State Budget of the Republic of
YEREVAN, DECEMBER 5, NOYAN TAPAN. During the November 5 working meeting with the chairman of the State Committee of Water Industry Andranik Andreasian, the Armenian president Robert
YEREVAN, DECEMBER 12, NOYAN TAPAN. The seminar "Service of Financial Ombudsman in Great Britain" will provide an opportunity to discuss in detail the essence of the
YEREVAN, DECEMBER 5, NOYAN TAPAN. The gross foreign assets of the Republic of Armenia made 1 bln 333 mln 986.7 thousand USD at the end of
YEREVAN, DECEMBER 4, NOYAN TAPAN. At the Decemebr 4 sitting, the Board of the Central Bank of Armenia (CBA) raised the refinancing interest rate by 0.5%,
YEREVAN, DECEMBER 4, NOYAN TAPAN. The RA National Assembly on December 4 ratified the Agreement on Additional Financing of the Program on Development of the Irrigaion
YEREVAN, DECEMBER 4, NOYAN TAPAN. In January-October 2007, trade turnover amounted to 1 trillion 43 billion 211 million drams (about 2 bln 994.3 mln USD) in
YEREVAN, DECEMBER 4, NOYAN TAPAN. Over the past four months, the Investigation Unit of the RA State Customs Committee (SCC) has compensated material damage of 12
YEREVAN, DECEMBER 4, NOYAN TAPAN. As of October 31, 2007, the monetary base made 346 bln 862 mln drams (about 995.6 mln USD) in Armenia, growing
YEREVAN, DECEMBER 4, NOYAN TAPAN. In January-September 2007, Russia was in first place by the total amount of foreign investments in the real sector of the
YEREVAN, DECEMBER 3, NOYAN TAPAN. The 18 million-dollar project on Armenian Agribusiness Small and Medium Enterprise (SME) Market Development has provided assistance to Armenian SMEs, particularly those
YEREVAN, DECEMBER 3, NOYAN TAPAN. Monetary incomes of the Armenian population made 1 trillion 591 billion 113 million drams (about 4 bln 567 mln USD) in
YEREVAN, DECEMBER 3, NOYAN TAPAN. Tariffs of services grew by 0.9% in Armenia in November on October 2007, which was mainly due to a growth in
YEREVAN, DECEMBER 3, NOYAN TAPAN. Prices of gasoline and diesel fuel grew by 2.5% and 6.3% respectively in Armenia in November on October 2007.
YEREVAN, DECEMBER 3, NOYAN TAPAN. 3.3% rise in food prices was registered in Armenia in November on October 2007, which was mainly due to 0.2-17.7% price
YEREVAN, DECEMBER 3, NOYAN TAPAN. The 5.1% inflation registered in the Armenian consumer market in November 2007 on December 2006 was accompanied by a 12.9% fall
YEREVAN, DECEMBER 3, NOYAN TAPAN. 1.2% inflation was registered in Armenia's non-food commodity market in November on October 2007, which was directly impacted by the rise
YEREVAN, DECEMBER 1, NOYAN TAPAN. The total amount of foreign investments (without investments received through the state governance system and the banking system) in the real sector
YEREVAN, NOVEMBER 30, NOYAN TAPAN. The rise in prices of butter, vegetable oil, bread and flour contributed to an overall inflation of 4.53% in Armenia in
YEREVAN, NOVEMBER 30, NOYAN TAPAN. Industrial production of 574 bln 462.8 mln drams (about 1 bln 648.9 mln USD) in current prices was made in Armenia
YEREVAN, NOVEMBER 30, NOYAN TAPAN. Although the price of natural gas supplied to Armenia will not change in 2008, it is likely to rise for the
YEREVAN, NOVEMBER 29, NOYAN TAPAN. At the November 29 sitting, the Armenian government approved the draft law on general agricultural stock-taking. The head of the RA
YEREVAN, NOVEMBER 29, NOYAN TAPAN. The Armenian prime minister Serge Sargsian on November 28 received Canadian businessmen Jonathan Goodman, James Small and Canadian Armenian businessman Prof. Azat
YEREVAN, NOVEMBER 28, NOYAN TAPAN. At the November 28 special session, the RA National Assembly adopted in the first reading the government's bill on railway transport
YEREVAN, NOVEMBER 28, NOYAN TAPAN. Business Software Alliance (BSA) organization started to operate in Armenia in 2007. BSA respresentative in Armenia Narine Mkrtchian said at the Novemer
YEREVAN, NOVEMBER 28, NOYAN TAPAN. In the first eight months of 2007, the network of "SAS" supermarkets paid taxes of 43 million 966.3 thousand drams, while
YEREVAN, NOVEMBER 28, NOYAN TAPAN. The RA State Customs Committee (SCC) has tightened control at all the border customs points and over the import of goods
YEREVAN, NOVEMBER 28, NOYAN TAPAN. There is concern that Armenia, first of all the country's economy, will also suffer from the climate change, the UN resident
YEREVAN, NOVEMBER 28, NOYAN TAPAN. At the November 28 special session, the RA National Assembly adopted the 2008 draft state budget with 87 votes in favor,
YEREVAN, NOVEMBER 27, NOYAN TAPAN. Issues related to development of Armenia's mining industry were discussed during the meeting of the Armenian president Robert Kocharian and the owner
YEREVAN, NOVEMBER 27, NOYAN TAPAN. The Executive Board of the International Monetary Fund (IMF) has completed the fifth review of Armenia's economic performance under the three-year Poverty
YEREVAN, NOVEMBER 27, NOYAN TAPAN. Bi Line Armenian IT company has completed the Armenian localization of Microsoft's "Windows Vista" operational system. Now the Armnian version of Windows
YEREVAN, NOVEMBER 27, NOYAN TAPAN. The Armavia airline will on December 1 purchase a SSJ plane made in Russia, and another two planes of the same
YEREVAN, NOVEMBER 27, NOYAN TAPAN. The Yerevan working meeting on the use of "Twinning" and "Technical Assistance and Information Exchange" (TAIEX) tools within the framework of
YEREVAN, NOVEMBER 27, NOYAN TAPAN. The 2008 draft state budget's discussion, which was interrupted on November 15, resumed at the special session of the National Assembly
YEREVAN, NOVEMBER 26, NOYAN TAPAN. On November 24, at 2:40 p.m. the Armenian Nuclear Power Plant (ANPP) resumed its operation, joining the common power production network,
YEREVAN, NOVEMBER 26, NOYAN TAPAN. A Microsoft Innovation Center will open in the area of the Enterprise Incubator Foundation (EIF) in Yerevan in December. Grigor Barseghian, director
YEREVAN, NOVEMBER 26, NOYAN TAPAN. A joint program of the Institute of Chemical Physics (ICP) of the RA National Academy of Sciences (NAS), Notre Dame UNiversity
YEREVAN, NOVEMBER 26, NOYAN TAPAN. During eleven months of this year, post-clearance checkings were done at 61 organizations, as a result of which cases of customs
ALEPPO, NOVEMBER 24, NOYAN TAPAN - ARMENIANS TODAY. The Armenian ambassador to Syria Arshak Poladian on November 20-22 had meetings with the governor of Aleppo, the
YEREVAN, NOVEMBER 23, NOYAN TAPAN. The exchange rate of the Armenian dram fell by 7-8 drams against the US dollar, approaching the limit of 300 drams
YEREVAN, NOVEMBER 23, NOYAN TAPAN. The production volumes of Mika-Cement company grew by 20-25% this year as compared with last one and made 220-230 thousand tons.
YEREVAN, NOVEMBER 23, NOYAN TAPAN. The Baku-Tbilisi-Kars railway is being constructed with a political purpose: to completely isolate Armenia because construction of some other railway (also for
YEREVAN, NOVEMBER 22, NOYAN TAPAN. The Armenian government is going to start the second stage of economic reforms, which is reflected in the 2008 draft state
YEREVAN, NOVEMBER 22, NOYAN TAPAN. The Institute of Chemical Physics (ICP) of the RA National Academy of Sciences (NAS) and two Spanish companies have signed a
YEREVAN, NOVEMBER 22, NOYAN TAPAN. A modern automated software "TWM" has been recently installed at "Zvartnots" custom-house of the RA State Customs Committee, thanks to which all
YEREVAN, NOVEMBER 21, NOYAN TAPAN. Yerevan Beer CJSC produced 630 thousand decaliters of "Kilikia" beer in January-October 2007, which exceeds by 10% the index of the
YEREVAN, NOVEMBER 21, NOYAN TAPAN. As a result of legislative amendments in Armenia's insurance sector and the introduction of international standards, 6 insurance companies stopped functioning in
YEREVAN, NOVEMBER 21, NOYAN TAPAN. As a result of the negotiations conducted by the Armenian aviation authorities, Turkey's airspace was opened on November 21 for operation
YEREVAN, NOVEMBER 21, NOYAN TAPAN. The banking system assets/GDP ratio is expected to make 22%, while the credits/GDP ratio - 12.7% in late 2007. According to
YEREVAN, NOVEMBER 21, NOYAN TAPAN. A land area of not 375 ha but 1,970 ha, including 1,600 ha covered with forests and the rest representing community
YEREVAN, NOVEMBER 21,NOYAN TAPAN. A cooperation agreement was signed by Armen Movsisian, the RA Minister of Energy, and Joseph Pennington, U.S. Charge d'Affaires in Armenia, on November
YEREVAN, NOVEMBER 20, NOYAN TAPAN. The Central Bank of Armenia (CBA) expects that Armenia may become a financial center of regional significance. The CBA Chairman Tigran
YEREVAN, NOVEMBER 20, NOYAN TAPAN. Starting from early 2009, a cumulative pension system will function in Armenia, the Chairman of the Central Bank of Armenia (CBA)
YEREVAN, NOVEMBER 20, NOYAN TAPAN. Armenia's GDP grew by 13.3% in January-October 2007 on the same period of last year and made 2 trillion 400 billion
YEREVAN, NOVEMBER 20, NOYAN TAPAN. An orchard of Armenian fruits, first of all - vines, fig-trees and apricot-trees, will be planted in Thailand. NT correspondent was
YEREVAN, NOVEMBER 20, NOYAN TAPAN. Data transfer from Armenia to the outside world is currently done through the only fiber optic trunk that passes through the
YEREVAN, NOVEMBER 20, NOYAN TAPAN. The schedules of cargo transportation from the Ukrainian port of Ilyichevsk to the Georgian port of Poti have been disrupted due
YEREVAN, NOVEMBER 19, NOYAN TAPAN. The International Road Transportation's Regional Custom-House is the only customs body in Armenia to have completely passed to the self-declaring system, as
YEREVAN, NOVEMBER 19, NOYAN TAPAN. The US charge d'affaires in Armenia Joseph Pennington and the RA minister of energy Armen Movsisian on November 21 will sign
YEREVAN, NOVEMBER 19, NOYAN TAPAN. The Armavia airline recently reached an agreement with Sabena Technics company (Belgium) on founding a joint venture Armavia Tecnics. The owner of
YEREVAN, NOVEMBER 19, NOYAN TAPAN. Over 500 economic entities, including some enterprises owned by Sil Group, are now being checked by tax bodies. The head of
YEREVAN, NOVEMBER 17, NOYAN TAPAN. Although the 2008 state budget has a number of positive features, it does not correspond to the medium-term program of governmental
YEREVAN, NOVEMBER 16, NOYAN TAPAN. The 2008 draft state budget of Armenia is an "assault" one because it essentially differs from the previous budgets from the
YEREVAN, NOVEMBER 16, NOYAN TAPAN. The implementation of urban development programs will continue in Yerevan. The Armenian president Robert Kocharian stated this at the November 16 opening
YEREVAN, NOVEMBER 16, NOYAN TAPAN. With the construction of North Avenue, Yerevan has received a second visit card from the urban development and architectural point of
YEREVAN, NOVEMBER 16, NOYAN TAPAN. The RA Public Services Regulatory Commission on November 16 re-approved the current tariffs of the services provided by ArmenTel company, considering these
YEREVAN, NOVEMBER 16, NOYAN TAPAN. VympelCom company (Russia) - the new owner of ArmenTel has already invested about 63 million dollars, and the amount of investments
YEREVAN, NOVEMBER 16, NOYAN TAPAN. The investigation is continuing into the criminal case opened based on Article 205 of the RA Criminal Code in connection with
YEREVAN, NOVEMBER 15, NOYAN TAPAN. Several Armenian television companies are testing the parameters of the digital signal for broadcasting cable Internet programs, Harald Grytten, the director general
YEREVAN, NOVEMBER 15, NOYAN TAPAN. The Armenian-Norwegian company ADC (Armenian Datacom Company founded in 2006 - www.adc.am) has created a terrestrial fiber optic cable network of the
YEREVAN, NOVEMBER 15, NOYAN TAPAN. The RA National Assembly on November 15 finished the discussion of the preliminary version of the 2008 draft state budget. There
YEREVAN, NOVEMBER 15, NOYAN TAPAN. Starting from February 1, 2008, the Yerevan Office of the Eurasia Cooperation Foundation (ECF), which is the legal successor of the
YEREVAN, NOVEMBER 15, NOYAN TAPAN. The Turkish aviation authorities recently informed the Armenian side in writing that they cannot service Yerevan-Beirut and Yerevan-Aleppo flights of the Armavia
YEREVAN, NOVEMBER 15, NOYAN TAPAN. Since 1995, the activities of the Eurasia Foundation in Armenia have been aimed at developing the civil society, local self-governance, communities and
YEREVAN, NOVEMBER 14, NOYAN TAPAN. Some mass media outlets make a stir about ordinary checkings. This was the response of the Armenian prime minister Serge Sargsian
YEREVAN, NOVEMBER 14, NOYAN TAPAN. The RA National Assembly on November 14 continued the discussion of the preliminary version of the 2008 draft state budget. It
YEREVAN, NOVEMBER 14, NOYAN TAPAN. Products of more than 60 local and foreign companies: alcoholic and soft drinks, confectionery, milk and meat products, dried fruit, tinned goods,
YEREVAN, NOVEMBER 14, NOYAN TAPAN. Haypost's 100 employees, who have been dismissed from their jobs, acted against the company, the director general of Haypost Hans Boon
YEREVAN, NOVEMBER 13, NOYAN TAPAN. Despite the high potential existing in the relations between Armenia and Bulgaria, the level of the bilateral economic relations is not high
YEREVAN, NOVEMBER 13, NOYAN TAPAN. The real value of the Armenian dram, as compared with other foreign currencies, has come back to the level of the
YEREVAN, MOVEMBER 13, NOYAN TAPAN. Having an experience of ensuring the activities of a system of postal banks, the Netherlands Bank is raedy to provide technical
YEREVAN, NOVEMBER 13, NOYAN TAPAN. Armenia is proceeding along the correct path towards the goal of becoming a regional financial center, and the country's government and
YEREVAN, NOVEMBER 13, NOYAN TAPAN. Receiving on November 13 the President of the Netherlands Bank Dr. Nout Wellink who is on an official visit to Armenia,
YEREVAN, NOVEMBER 13, NOYAN TAPAN. Natural persons may make transfers without opening a bank account through Armenian commercial banks or the CBA-licensed organizations carrying out money transfers.
YERVAN, NOVEMBER 13, NOYAN TAPAN. At the end of the third quarter of 2007, 20 Armenian commercial banks were engaged in provision of plastic cards to
YEREVAN, NOVEMBER 13, NOYAN TAPAN. At the end of the third quarter of 2007, 531 recommendations of the total amount of 22 bln 585 mln drams
YEREVAN, NOVEMBER 13, NOYAN APAN. The paper payments by the Armenian banks in the third quarter of 2007 made up 13.6% of the total amount of
YEREVAN, NOVEMBER 13, NOYAN TAPAN. The RA National Assembly on November 13 started discussing the 2008 draft state budget. By the draft, the revenues make about
YEREVAN, NOVEMBER 13, NOYAN TAPAN. The Central Bank of Armenia (CBA) has put into circulation the "Capricorn" silver commemorative coin with a depiction of the Capricorn
YEREVAN, NOVEMBER 12, NOYAN TAPAN. As of the end of the third quarter of 2007, most of the payments by the payment systems of the Central
YEREVAN, NOVEMBER 12, NOYAN TAPAN. In the third quarter of 2007, the total amount of cashless payments in Armenia made 1 trillion 997 billion drams (the
LONDON, NOVEMBER 12, NOYAN TAPAN. In its report on transitional countries, the European Bank for Reconstruction and Development (EBRD) advises Armenia to improve the business environment and
YEREVAN, NOVEMBER 12, NOYAN TAPAN. The chekings done by the State Tax Service (STS) at Chap LLC - the founder of Gyumri's Gala television company -
YEREVAN, NOVEMBER 12, NOYAN TAPAN. Starting from November 18, Armavia company will increase the frequency of Yerevan-Dubai-Yerevan flights by making their number three instead of two a
YEREVAN, NOVEMBER 12, NOYAN TAPAN. Armwaterproject Institute has already started the design work on repairs of the main irrigation water canals: of Artashat, Lower Hrazdan, Arzni-Shamiram, Shirak,
DAMASCUS, NOVEMBER 10, NOYAN TAPAN. The fourth sitting of the Armenian-Syrian intergovernmental commission started its work in Damascus on November 7. The Armenian interdepartmental delegation is headed
YEREVAN, NOVEMBER 9, NOYAN TAPAN. A modern automated software has been recently installed in the Ararat regional customs house, which allows to increase the efficiency of customs
YEREVAN, NOVEMBER 8, NOYAN TAPAN. Under the RA Law on the Budgetary System of the Republic of Armenia, the Armenian government made a decision to provide
YEREVAN, NOVEMBER 8, NOYAN TAPAN. In order to promote sustainable economic development and increase competitiveness in Armenia, the Armenian government made a decision on the creation of
YEREVAN, NOVEMBER 8, NOYAN TAPAN. In accordance with the RA Law on State Assistance to Small and Medium Enterprises (SME), the Armenian government approved the 2008
YEREVAN, NOVEMBER 8, NOYAN TAPAN. The RA ministry of agriculture is currently carrying out work on creation of a collection-garden of grapes. The head of the
YEREVAN, NOVEMBER 8, NOYAN TAPAN. Armenia is not supplied with high-quality seeds, and the RA ministry of agriculture is taking steps in this direction, the head
YEREVAN, NOVEMBER 8, NOYAN TAPAN. This year the RA ministry of agriculture has implemented a pilot subsidizing program in 15 Armenian communities. The head of the
YEREVAN, NOVEMBER 8, NOYAN TAPAN. Fruit production amounted to 235 thousand tons in Armenia this year - against 283 thousand tons in 2006. The head of
YEREVAN, NOVEMBER 7, NOYAN TAPAN. More than 60 companies from Armenia, Russia, Ukraine, Austria and several other countries will participate in the 7th international exhibition "Armprodexpo" to
YEREVAN, NOVEMBER 8, NOYAN TAPAN. At the November 8 sitting, the Armenian government approved the draft law on making amendments and additions to the RA Criminal
YEREVAN, NOVEMBER 7, NOYAN TAPAN. The RA Economic Court on November 7 started examining the lawsuit filed by ArmenTel company and its owner - VympleCom
YEREVAN, NOVEMBER 7, NOYAN TAPAN. The IMF's report "Regional Economic Outlook. Middle East and Central Asia" released in October 2007 indicates the continuing high economic growth in
YEREVAN, NOVEMBER 7, NOYAN TAPAN. In the third quarter of 2007, the annual value of food basket made 256,528.4 drams (about 7.9 thousand USD) in Armenia
YEREVAN, NOVEMBER 7, NOYAN TAPAN. The written proposals developed as a result of the preliminary discussions of the 2008 draft state budget held in the RA
YEREVAN, NOVEMBER 6, NOYAN TAPAN. As of September 30, 2007, the overall assets of Armenian insurance companies made 8 bln 420 mln 772 thousand drams (over
YEREVAN, NOVEMBER 6, NOYAN TAPAN. A preliminary agreement has been reached between the "Rural Financing Facility" (RFF) programs implementation office - state institution of the RA ministry
YEREVAN, NOVEMBER 6, NOYAN TAPAN. The implementation of the World Bank's and the International Fund for Agricultural Development (IFAD) credit programs on development of Armenia's agriculture has
YEREVAN, NOVEMBER 6, NOYAN TAPAN. About 250 processing enterprises and farms have become beneficiaries of the International Fund for Agricultural Development (IFAD) and the World Bank (WB)
YEREVAN, NOVEMBER 5, NOYAN TAPAN. In accordance with the November 2 decision of the Central Bank of Armenia (CBA), the refinancing interest rate has been raised
YEREVAN, NOVEMBER 5, NOYAN TAPAN. Employees of the State Tax Service agjunct to the Armenian government and of the RA Police Department on the Fight against
YEREVAN, NOVEMBER 5, NOYAN TAPAN. In January-September 2007, Armenia's foreign trade made 1 trillion 59.5 billion drams or 3 bln 30 mln USD in current prices,
YEREVAN, NOVEMBER 3, NOYAN TAPAN. By the 2008 draft state budget, revenues of 744.7 bln drams (about 2.3 bln USD) are envisaged against 616 bln drams
YEREVAN, NOVEMBER 3, NOYAN TAPAN. No increase in tariffs of public services is envisaged in the first half of 2008, the chairman of the RA Public
YEREVAN, NOVEMBER 3, NOYAN TAPAN. A considerable - 6.2% growth of food prices was registered in Armenia in October 2007 as a result of 0.8-21.7% growth
YEREVAN, NOVEMBER 3, NOYAN TAPAN. Out of budgetary expenditures of 379 bln 862.7 mln drams (about 1 bln 84 mln USD) in January-September 2007, expenditures in
YEREVAN, NOVEMBER 2, NOYAN TAPAN. By the 2008 draft state budget, 26 bln 723 mln drams (about 82.2 mln USD) will be allocated for urban development
YEREVAN, NOVEMBER 2, NOYAN TAPAN. By the 2008 draft state budget, about 7 bln 600 mln drams (about 23 mln USD) will be allocated to agriculture,
YEREVAN, NOVEMBER 2, NOYAN TAPAN. The policy of using IT by the state is not regulated now, the director of "Nork" Information and Analytical Center CJSC
YEREVAN, NOVEMBER 2, NOYAN TAPAN. By the 2008 draft state budget, 1 bln 104.3 mln drams (about 3.4 mln USD) will be allocated for trade and
YEREVAN, NOVEMBER 2, NOYAN TAPAN. By the 2008 draft state budget, 23 bln 397 mln drams (about 72 mln USD) will be allocated to the transport
YEREVAN, NOVEMBER 2, NOYAN TAPAN. The Union of IT Enterprises of Armenia (UITE) jointly with the Armenian subsidiary of National Instruments company (US) and 5-6 other companies
YEREVAN, NOVEMBER 2, NOYAN TAPAN. The 50 organizations (local and foreign private companies, state institutions, universities) with their 43 pavilions, which took part in the international exhibition
YEREVAN, NOVEMBER 2, NOYAN TAPAN. Two bills prepared by the government that envisage amendments to the Law on Minimum Monthly Salary and the Law on Income
YEREVAN, NOVEMBER 2, NOYAN TAPAN. Thanks to the work of the respective commissions on delimitation of the state border between Armenia and Georgia, the sides have
YEREVAN, NOVEMBER 2, NOYAN TAPAN. The 7th international exhibition "Country of Talking Stones" aimed at promoting the domestic and regional tourism opened in Yerevan on November
YEREVAN, NOVEMBER 2, NOYAN TAPAN. In comparison with September, a 0.7% inflation was recorded in the market of non-food commodities in Armenia in October 2007 due
YEREVAN, NOVEMBER 2, NOYAN TAPAN. In comparison with December 2006, there is a 4.6% increase in the price of petrol and 0.5% decrease in that of
YEREVAN, NOVEMBER 1, NOYAN TAPAN. The tariffs of services grew by 0.1% in Armenia in October 2007. According to the RA National Statistical Service, tariffs of
YEREVAN, NOVEMBER 1, NOYAN TAPAN. The 3% growth in consumer prices in October 2007 on December 2006 was accompanied by a 9.3% fall in the settlement
YEREVAN, NOVEMBER 1, NOYAN TAPAN. The rise in prices of butter, vegetable oil, bread and flour in October 2007 on December 2006 contributed to the overall
YEREVAN, NOVEMBER 1, NOYAN TAPAN. By the 2008 draft state budget, it is envisaged to allocate about 21 bln drams (65 mln USD) to the Police
YEREVAN, NOVEMBER 1, NOYAN TAPAN. By the 2008 draft state budget, it is envisaged to allocate 3.2 bln drams (about 10 mln USD) to the Rescue
YEREVAN, NOVEMBER 1, NOYAN TAPAN. By the 2008 draft state budget of the RA, it is envisaged to allocate 122 bln drams (about 375 mln USD)
YEREVAN, NOVEMBER 1, NOYAN TAPAN. By the 2008 draft state budget of the RA, 12 bln 866 mln drams will be allocated to the National Security
YEREVAN, NOVEMBER 1, NOYAN TAPAN. Grant Thornton Amyot is the largest consulting and audit company in the Caucasus by its revenues and the number of employees
YEREVAN, NOVEMBER 1, NOYAN TAPAN. At the November 1 sitting, the Armenian government made a decision on changing the end use of lands and the allocation
YEREVAN, NOVEMBER 1, NOYAN TAPAN. By the 2008 draft state budget of the RA, expenditures on maintenance of the staff of the RA Ministry of Foreign
ENGLISH 
Հայերեն
Русский
Դաս. հայերեն
French