Armenia-borrowing into Poverty


2012-02-24 16:09:40  |   |   Economy | 977   
Economic genocide has been committed against Hayastan since the declaration of its sovereignty from the Soviet system. The application of the International Financial Institutions (IFI) structural adjustment programs

Hayastan All-Armenian Fund’s French affiliate begins construction of vocational school in Shushi


Facility is expected to revive Artsakh’s trade traditions
2012-02-16 12:23:15  |   |   Economy | 529   
The Hayastan All-Armenian Fund’s French affiliate has launched the construction of a vocational school in the city of Shushi. The future institution will be named after French-Armenian benefactor Yeznik

UNDP assistance promotes business development in Ajara


2012-02-15 17:15:23  |   |   Economy | 352   
Representatives of the United Nations Development Programme (UNDP) are visiting Batumi today to see the progress of the business assistance initiative in the Autonomous Republic of Ajara. Head of

Slowdown in workplace stress, as businesses adjust to more realistic performance goals


2012-02-09 11:41:56  | Armenia  |   Economy | 475   
Levels of stress felt by business leaders have shown their lowest annual increase since 2005 according to global research of 6,000 businesses from the Grant Thornton International Business Report

Dollar stops at AMD 389/$1 in Armenia


2012-02-08 17:15:28  |   |   Economy | 374   
The US dollar’s average exchange rate against the Armenian dram (AMD) was AMD 389/$1, at NASDAQ OMX Armenia stock exchange on Wednesday, and thus the dollar gained value

HSBC Bank Armenia paid taxes amounted and 3 billion


2012-02-06 15:50:20  | Armenia  |   Economy | 526   
HSBC Bank Armenia was the largest taxpayer in the banking system of Armenia in 2011. According to the results for 2011, the bank ranked 21st in the list of the

Tigran Sargsyan gives lecture on "Economic Policy in Post-Crisis Period: Challenges and Opportunities"


2012-02-06 13:35:29  |   |   Economy | 420   
Prime Minister of Armenia Tigran Sargsyan met in Tsakhkadzor with the attendees of the Yerevan school of Political Courses January 29. Governmental press office told that the head

Transport and Communication Ministry of Armenia to work over its four priorities in 2012


2012-02-03 13:34:49  |   |   Economy | 407   
Transport and Communication Minister of Armenia Manuk Vardanyan presented at a news conference today the four main priorities of the ministry for 2012. Minister said the first priority

Zangezur Copper-Molybdenum Plant - the largest taxpayer of 2011


2012-02-03 13:33:34  |   |   Economy | 308   
Zangezur Copper-Molybdenum Plant topped the list of Armenia's largest taxpayers of 2011. The company paid taxes at the amount of AMD 29bln 778mln 161.9 thousand in 2011, Mediamax reports. "ArmRosGazprom"

New World Bank Report Documents Successful Anti-Corruption Efforts in Georgia


Georgia’s experience destroys the myth that “corruption is culture”
2012-02-02 21:37:02  |   |   Economy | 563   
Washington, January 31, 2012 – Georgia’s experience in fighting corruption in public sector has had unique success, and many of its aspects could be adapted and applied in countries

Results of EU Summit: Fiscal Pact must be accompanied by Solidarity Pact in the EU


2012-02-01 11:36:15  |   |   Economy | 290   
The European Movement International (EMI) welcomes the progress made at the EU Summit on 30th January but warns that the measures taken are not enough. "The results of

World Bank Group Boosts Assistance for Emerging Countries Affected by Eurozone Crisis


$27 Billion in Funding Available for Countries of Emerging Europe and Central Asia
2012-01-25 23:06:27  |   |   Economy | 418   
The World Bank Group today announced that it is making $27 billion in funding available over the next two years for countries of Emerging Europe and Central Asia

Benoît Scheen: Armenia is a very important country in Orange footprint


2012-01-25 22:29:19  | Armenia  |   Economy | 588   
Benoît Scheen, Executive Vice President of FT Europe, who is for the first time in Armenia, has arrived to get acquainted with Orange Armenia staff and with the results

Bako Sahakyan: Stepanakert should have a decent appearance and corresponding comfortable living conditions


2012-01-25 21:47:38  |   |   Economy | 940   
On 25 January Artsakh Republic President Bako Sahakyan convoked a working consultation dedicated to the beautification of the Stepanakert city. Special attention was paid to the capital reconstruction of the

President Bako Saahakyan convoked a working consultation on works


2012-01-25 17:52:15  |   |   Economy | 541   
On 25 January Artsakh Republic President Bako Saahakyan convoked a working consultation on works carried out in 2011 in the sphere of industrial infrastructures and plans for the year

Global Employment Trends 2012


2012-01-25 15:41:08  |   |   Economy | 353   
The world faces the “urgent challenge” of creating 600 million productive jobs over the next decade in order to generate sustainable growth and maintain social cohesion, according to the

Bako Sahakyan: Putting airport into operation will have a positive impact on the country’s socioeconomic development


2012-01-25 12:41:58  |   |   Economy | 445   
On 24 January Artsakh Republic President Bako Sahakyan visited the Stepanakert airport, got acquainted with the ongoing work on site and convoked a working consultation on issues related to

Grant Thornton’s IBR: Confidence on a knife edge heading into 2012


2012-01-24 11:06:51  | Armenia  |   Economy | 533   
Global business confidence is balancing on a knife edge heading into 2012 according to new figures from Grant Thornton’s International Business Report (IBR). With the global economic outlook dominated

Hayastan All-Armenian Fund begins construction of potable-water network in Artsakh’s Hadrut City


2012-01-20 17:48:51  |   |   Economy | 725   
Toward the realization of the Telethon 2011 slogan “A gift of water, a gift of life,” the Hayastan All-Armenian Fund began construction of a potable-water network in the city

Bako Sahakyan convoked a working consultation on socioeconomic projects


2012-01-20 16:22:16  |   |   Economy | 447   
On 19 January President of the Artsakh Republic Bako Sahakyan convoked a working consultation on socioeconomic projects to be carried out in the regions this year. Special attention was

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