IFC’s record lending to Armenia supports access to finance for businesses


2011-08-02 14:05:41  | Armenia  |   Economy | 335   
Yerevan, Armenia, August 1, 2011—IFC, a member of the World Bank Group, committed around $ 70 million in Armenia in the fiscal year ending June 30, 2011 representing its

US debt: House vote on Republican spending cuts delayed


2011-07-29 09:32:00  | USA  |   Economy | 438   
According to BBC, a vote on a Republican bill to raise the US debt ceiling, cut spending and avert default has been delayed in the face of conservative resistance. House

AAA: Key House Panel Approves $ 40 Million in Aid to Armenia


2011-07-28 13:45:56  | USA  |   Economy | 588   
Washington, DC, July 27 - Today, the House Appropriations Subcommittee on State, Foreign Operations and Related Programs approved the Fiscal Year (FY) 2012 State-Foreign Operations Appropriations Bill, which calls

Hrant Bagratyan: “Armenia greatly yields both its neighbors and the whole world with its economic growth”


2011-07-27 14:53:40  | Armenia  |   Economy | 369   
Armenia greatly yields both its neighbors and other countries of the world with its economic growth. During the press conference on July 27, the RA Former Prime Minister, the

Tigran Sargsyan: “Armenia is interested in forming favorable conditions for investment companies


2011-07-27 13:13:11  | Armenia  |   Economy | 306   
On July 27, the Prime Minister Tigran Sarsgyan received the delegation of "Haniel Group" company, comprising of representatives of "Eurodress", "Hess Natur" and "VKS Armenia" company. The head of

Hillary Clinton is sure the problem of USA State Secretary to be solved


2011-07-25 13:10:33  | USA  |   Economy | 475   
According to vesti.ru U.S State Secretary Hillary Clinton has no doubt that Barack Obama and Congress will come to a compromise on the issue of raising the limit of

Moody's has cut Greece's rating


2011-07-25 11:50:24  |   |   Economy | 496   
Credit rating agency Moody's has cut Greece's rating, warning that a planned debt swap would constitute a default. The rating was cut another three notches from Caa1 to Ca -

Iran and Syria to sign a contract


2011-07-25 08:53:38  | Iran  |   Economy | 2301   
On July 25, Iran will sign a $10 billion contract to export natural gas to Iraq and Syria. The gas will be shipped from the South Pars field via a

The memorandum of understanding on the establishment of “The association of Armenian and Turkish travel agencies” is signed


2011-07-22 14:57:44  | Armenia  |   Economy | 289   
On July 22, the meeting of Armenian and Turkish businessmen who work in the fields of tourism, transport, small industry, construction, jewelry and trade took place. The meeting

283,100 passengers have used South Caucasus Railway


2011-07-21 12:43:51  | Armenia  |   Economy | 274   
In the first term of the year 283,100 passengers used South Caucasus Railway. This result is less by 29,4 percent compared to the results within the same period. The

Japaneese exportation recovers after the earthquake


2011-07-21 08:21:00  |   |   Economy | 367   
The government of Japan declared that they managed to go back to the positive balance of foreign trade after the disasterous earthquake. This is reported by BBC. According to

Majority of Americans is sure U.S economy is getting worse


2011-07-21 07:55:00  | USA  |   Economy | 391   
It was found out at the result of the social survey carried out by the American Fox News TV company that the majority of Americans is sure that USA

In June the economic activity rises by 2,3% in Armenia


2011-07-20 16:54:14  | Armenia  |   Economy | 297   
In June, 2011 the index of economic activity in Armenia has risen by 2,3% compared to the same month of the last year and it has risen by 9,6%

IFC Trains Armenian Banks to Enhance Liquidity Management and Improve Efficiency


2011-07-20 15:41:33  | Armenia  |   Economy | 296   
IFC, a member of the World Bank Group, is training Armenian bankers in specific aspects of risk management to help make the banking system more stable and efficient, which

The consultation with the RA Minister of Transport and Communication Manuk Vardanyan takes place


2011-07-20 14:13:06  | Armenia  |   Economy | 315   
On July 20, the consultation with the RA Minister of Transport and Communication Manuk Vardanyan took place and the staff of “South Caucasus railways” company headed by the general

Apple has more than 7.31bn USD income from the sale of iPad and iPhone


2011-07-20 07:42:00  | USA  |   Economy | 507   
Apple has more than 7.31bn USD income from the sale of iPad and iPhone. As BBC reports net income was 7.31bn USD in the three months to 25

Economists predict that Armenia’s economy will become stable in the second half of this year


2011-07-19 14:04:00  | Armenia  |   Economy | 331   
In the second half of this year the economic state in Armenia will be stabile compared to the same period of the last year and the rise of agricultural

Seyran Ohanyan: “Apartments constructed for spas are of modern construction standards”


2011-07-19 12:22:22  | Armenia  |   Economy | 363   
On July 18, RA Minister of Defense Seyran Ohanyan visited the border region of Southern-East of Armenia and took part in the festive opening ceremony of the dwelling house

EU and Georgia sign an agreement on mutual protection of geographical names


2011-07-15 17:46:45  | Georgia  |   Economy | 681   
On July 14, EU and Georgia signed an agreement on mutual protection of geographical names. As “RIA-NOVOSTI” reports, by the agreement EU accepted that the products exported to EU

The first geothermal power station to be built in Armenia


2011-07-15 13:35:48  | Armenia  |   Economy | 320   
By the support of Italian “Shlyumberzhe” company “Armenian fund of renewable energy and energy efficiency” carries out the study of the possibility of the construction of the first

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