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Economy
19:25 30/06/2015Putin extends deal on duty-free gas, oil product and diamond exports to ArmeniaRussian President Vladimir Putin has signed the law on the ratification of the protocol to the agreement extending duty-free exports of gas, oil products, and diamonds to Armenia until the end of 2015
18:22 30/06/2015Rostelecom Armenia and ZTE Corporation officially announce strategic long-term cooperation in technological solutionsRostelecom Armenia and ZTE Corporation officially announced about strategic cooperation during the press conference organized in the frames of the International “Communication for Better...
16:33 30/06/2015Hovik Abrahamyan: I don’t know better way to gain public confidence than a dialogThere have recently been two tendencies in the assessment of activities of the Armenian government and the economic policy implemented in the country: pessimism, the fueling of negative sentiments;...
10:03 30/06/2015Greece debt crisis: Defiant Tsipras seeks referendum backingGreek PM Alexis Tsipras has urged voters to reject creditors' demands in a snap referendum on Greece's debt crisis due on Sunday.
14:32 29/06/2015Inter RAO UES denies media reports on sale of Electric Networks of ArmeniaRussian diversified energy holding company Inter RAO UES denied media reports about the sale of its daughter company Electric Networks of Armenia (ENA), Russian media reported citing an official...
11:33 29/06/2015Inter RAO UES may sell Electric Networks of Armenia – KommersantThe ongoing protests in Yerevan against a hike in power tariffs and the promises of Armenian authorities to nationalize Electric Networks of Armenia (ENA) CJSC may force ENA’s owner – Russian Inter...
10:44 29/06/2015Greek debt crisis: Banks to remain shut all weekThe Greek government has confirmed that banks will be closed all week, after a decision by the European Central Bank not to extend emergency funding.
20:18 27/06/2015One more audit is envisaged to verify the decision of Public Services Regulatory CommissionAt a meeting with those in charge of state economic policies on June 27 President Serzh Sargsyan suggested to invite another audit – into the Public Services Regulatory Commission – to figure out to...
20:14 27/06/2015President Sargsyan says until the conclusion of audit the government will reimburse the 6.93AMD«The cancellation of the electricity tariff increase is ultimately dangerous. Therefore, until the conclusion [of the audit] is ready the government will shoulder the whole weight of this price...
18:19 27/06/2015G. Minasyan: Audit of ENA may result in company management change, but not power tariff cut in ArmeniaAll possible misuses that an audit may reveal at Electric Networks of Armenia CJSC were not included in the calculation of the increased power tariff so the findings will not affect the price, MP...
16:27 27/06/2015Mikael Melkumyan: Audit of Electric Networks of Armenia does not mean canceling decision on power tariff hikeAn audit of Electric Networks of Armenia (ENA) Company does not mean canceling the decision of Armenia’s Public Services Regulatory Commission of June 17 on a rise in electricity tariffs by 6.93...
11:22 27/06/2015Armenian banks provide loans of $31.4 million in one week$67,961,420 at the average rate of 472.06 drams per dollar were bought by banks in Armenia’s intrabank currency market on June 22-26.
21:42 26/06/2015President Sargsyan in favor of international audit into Russian-owned energy company in ArmeniaThe Armenian electricity distribution company, which is a subsidiary of Russia’s state-owned energy holding Inter RAO, must be subjected to an international audit from an early date of their...
14:45 26/06/2015Presentation of new office of Russian Trade Mission scheduled in Yerevan todayThe presentation of the new office of Russia’s Trade Mission in Armenia is scheduled in Yerevan today, the Russian embassy’s spokeswoman Alexandra Kendysh told RIA Novosti.
20:34 25/06/2015Labor and social affairs minister: Everything was done for minimum rise in power prices in ArmeniaEverything possible was done to ensure a minimum rise in power tariffs, which was due to objective reasons, Armenian Minister of Labor and Social Affairs Artyom Asatryan told reporters today after...
13:47 25/06/2015Government raises socially vulnerable family benefits due to rise in power tariffBenefits paid to socially vulnerable families will be increased to mitigate the impact of the rise in electricity tariffs in Armenia, Prime Minister Hovik Abrahamyan said at the government ession...
10:27 25/06/2015Asian shares, dollar edge down as markets eye GreeceAsian shares and the dollar edged down in Asian trade on Thursday, with investors on ice ahead of a meeting of European Union leaders later in the session as Greece continued last-minute efforts to...
19:09 24/06/2015WB report on further operation of Nairit Plant posted on website of Armenian Energy MinistryToday the World Bank Yerevan office has submitted the final report on "Nairit Plant" CJSC’s further operation, technical and financial viability to Armenian Ministry of Energy and Natural Resources,...
18:47 23/06/2015Parliament of Armenia ratifies North-South Highway construction funding agreementAt the extraordinary session today, on June 23, the Armenian parliament ratified the agreement of April 14, 2015 between Armenia and the Eurasian Development Bank on the provision of an investment...
11:05 23/06/2015Eurozone leaders echo hopes for Greek dealErozone leaders have echoed hopes that a deal can be struck within days to stop Greece defaulting on its debt, according to BBC.