Armenian real estate market tends to reviveMay 5, 2010 - 12:31 AMT PanARMENIAN.Net - Armenian real estate market tends to revive, according to Arman Petrosyan, a representative of the State Committee of Real Estate Cadastre. “The market price for 1 square meter in apartment buildings increased by 2.6% in Yerevan and by 1.5% in other cities of the republic. Prices for real estate will hardly go down in the near future,” Petrosyan told reporters on May 5. He also informed that 36 499 transactions were conducted in the first quarter of 2010, exceeding the last year’s index by 24.3%. 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 | Titus, Bilirakis lead legislation to sanction Azerbaijani war criminals Representatives Dina Titus (D-NV) and Gus Bilirakis (R-FL) have introduced the bipartisan legislation. Azerbaijan must respect human rights, Scholz tells Aliyev German Chancellor Olaf Scholz has called for greater respect for human rights in Azerbaijan. Armenia: Defense Ministry warns against involving army in political processes The Ministry’s statement came after a video surfaced online, showing soldiers joining the protests in Tavush. Scholz hopes Armenia-Azerbaijan peace treaty will be signed this year German Chancellor Olaf Scholz hopes that a peace treaty between Armenia and Azerbaijan will be signed this year. |