Archive for April, 2010
Third of commercial banks suffer losses
According to RA National Statistical Service, as of December 31, 2009 of 22 commercial banks in Armenia only 14 operated in the black, generating profit of AMD 12.4 billion. The rest eight banks ended the year in red totaling AMD 3.8 billion. Thus, total profit of Armenian commercial banks made AMD [...]
26 PACE members signed statement on Armenian Genocide
Overall, as many as 26 members of the Parliamentary Assembly of the Council of Europe (PACE) already signed the document on the recognition of Armenian Genocide, NEWS.am correspondent reports from Strasburg. According to the statement, the recognition of Armenian Genocide will assist the [...]
Armenia-Turkey relations distorted due to domestic policy
Armenia-Turkey relations are the result of distorted Armenian political vision, as well as idealistic approaches of the western civilization, ARF Dashnaktsutyun member Ara Nranyan said at the April 29 press conference. Though the authorities assure certain concessions might be made for the [...]
Georgia, Azerbaijan to expand trade relations
Georgian Minister of Economic Development Zurab Pololikashvili and his Azerbaijani counterpart Shahin Mustafayev signed a protocol on the completion of bilateral talks on appearance of the countries' commodities and services in the markets. The document signing ceremony was held in the Georgian [...]
17.4% increase in Armenia’s budget revenues in Jan-Mar
This January-March, Armenia’s state budget revenues totaled 164.1bn AMD, and on-budget expenditures 170.1bn AMD – 107.8% and 90.5% implementation of the respective government programs for the first trimester. The pres service of the RA Ministry of Finance informed NEWS.am that, during the [...]
Kazakh Parliament ratifies Armenian-Kazakh investment agreement
The Senate of the Kazakh Parliament adopted a law on ratification of an Armenian-Kazakhs intergovernmental agreement on encouragement and mutual protection of investments, reported Kazakhstan Today. The agreement was signed on November 6, 2006. The document is supposed to improve the investment [...]
Checks on presence of pirated software support to be held in large companies in Armenia
Checks on presence of “pirated” software support (SS) will be help in large Armenian companies. Mediamax reports that representative of Business Soft Alliance (BSA), as well as the interests of Microsoft in Armenia Narine Mkrtchyan said this in Yerevan today. She did not name definite [...]
