2010 to be year of renaissance for ArmeniaDecember 22, 2009 - 20:18 AMT PanARMENIAN.Net - 2010 will be a year of renaissance for Armenia, President Serzh Sargsyan said. "The financial crisis was a test for Armenian entrepreneurs. Presently, the macroeconomic situation in the republic tends to stabilize, what allows to forecast restoration of economy, strengthening of defense potential and favorable resolution of social and internal political issues," he said during an annual meeting with Armenian businessman. Top stories Yerevan has dismissed Turkey’s demand to shut down the Armenian nuclear power plant as “inappropriate”. Armenia will loan 2.9 billion drams to Nagorno Karabakh (Artsakh), according to a draft government decision. The Ministry of Ecology and Natural Resources of Azerbaijan has “strongly condemned” Armenia’s decision. Kerobyan has said that for the first time in the history of Armenia, the volume of foreign direct investments amounted to about $1 billion. Partner news | Russia warns Armenia against “falling into West’s trap” Zakharova maintained, however, that anything that will benefit the people of Armenia can only be welcomed. CSTO: Armenia has not participated in secretariat’s work recently Recently Armenia has not participated in the work of the secretariat of the CSTO, Imangali Tasmagambetov said. Meeting with U.S., EU not against third parties, says Armenia The meeting scheduled for April 5 is dedicated to strengthening of the Armenia-EU-US cooperation, Yerevan added. Ucom launches network modernization efforts in few regions of Armenia In particular, on March 28, the legacy Mobile Switching Subsystem will be replaced with a new one. |