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French unemployment soars to highest level in 15 years

French unemployment soars to highest level in 15 years

June 6, 2013 - 15:09 AMT  11:09 GMT
President Francois Hollande has pledged to boost jobs and growth, but demand has been sapped by the eurozone crisis.
PM instructs to organize talks with ADB over North-South highway

PM instructs to organize talks with ADB over North-South highway

June 6, 2013 - 12:56 AMT  08:56 GMT
“Control Chamber revealed violations in fulfillment of financial obligations to ADB,” the Prime Minister said.
Government to continue providing gas subsidies for vulnerable families

Government to continue providing gas subsidies for vulnerable families

June 6, 2013 - 12:34 AMT  08:34 GMT
The government of Armenia ruled to allocate AMD 70,5 million to the Ministry of energy and Natural Resources.
IMF admits mistakes in handling Greece bailout

IMF admits mistakes in handling Greece bailout

June 6, 2013 - 10:42 AMT  06:42 GMT
The IMF said it was too optimistic in its growth assumptions and said a debt restructuring should have been considered earlier.
USD market average rate totals AMD 416.02 on June 5

USD market average rate totals AMD 416.02 on June 5

June 5, 2013 - 17:40 AMT  13:40 GMT
The market average rate of USD on June 5 totaled AMD 416.02 decreasing by 0.82 point compared to June 4.
Envoy: cooperation between Armenian ministry and Roscosmos important

Envoy: cooperation between Armenian ministry and Roscosmos important

June 5, 2013 - 15:59 AMT  11:59 GMT
Armenian Minister of Transport and Communications Gagik Beglaryan met with Russian ambassador Ivan Volinki.
Armenian minister concerned over drop in foreign investments

Armenian minister concerned over drop in foreign investments

June 5, 2013 - 15:20 AMT  11:20 GMT
It’s noteworthy that 3.7% drop in international investments was reported in late December 2012 as compared with September 2012.
Armenian economy ministry to support Carrefour company

Armenian economy ministry to support Carrefour company

June 5, 2013 - 14:57 AMT  10:57 GMT
Armenian Economy Minister said transnational corporations’ operation in Armenia may bring about significant changes.
Govt. may cover 30% gas charges through grants

Govt. may cover 30% gas charges through grants

June 5, 2013 - 13:44 AMT  09:44 GMT
Negotiations on dropping gas prices or government’s covering gas charges are still underway, with no final decision taken yet.
Yerevan to host Armenian-Croatian business forum

Yerevan to host Armenian-Croatian business forum

June 5, 2013 - 12:08 AMT  08:08 GMT
Prime Minister Tigran Sargsyan met with a newly appointed Croatian envoy to Armenia Ivan Starcevic (residence in Athens).
No increase in state workers salaries, pensions planned before 2014

No increase in state workers salaries, pensions planned before 2014

June 4, 2013 - 19:07 AMT  15:07 GMT
According to Artem Asatryan, amendments to a law on minimal salaries will be discussed at the oncoming governmental sitting.
USD market average rate totals AMD 416.84 June 4

USD market average rate totals AMD 416.84 June 4

June 4, 2013 - 17:39 AMT  13:39 GMT
The market average rate of USD totaled AMD 416.84 on June 4, decreasing by 0.33 point compared to June 3.
Challenger slams Merkel government’s austerity policies

Challenger slams Merkel government’s austerity policies

June 4, 2013 - 17:39 AMT  13:39 GMT
Steinbrueck's Social Democratic Party is trailing Merkel's Christian Democrats in the polls three months before the Sept. 22 general election.
Armenian labor ministry ensures 97,5% project implementation

Armenian labor ministry ensures 97,5% project implementation

June 4, 2013 - 16:44 AMT  12:44 GMT
Deputy minister of finance Atom Janjughazyan said 29% of budgetary funds were allocated to the social sector.
ARFD offers to form ad-hoc committee on Nairit chemical plant

ARFD offers to form ad-hoc committee on Nairit chemical plant

June 4, 2013 - 16:29 AMT  12:29 GMT
ARF Dashnaktsutyun parliamentary group offers to form an ad-hoc parliamentary committee on Nairit chemical plant.
Parliament meeting on agriculture issues postponed

Parliament meeting on agriculture issues postponed

June 4, 2013 - 14:11 AMT  10:11 GMT
Deputy agriculture minister Grigory Baghiyan said the minister is at a meeting with a foreign delegation currently in Armenia.
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North Korean envoy seeks to mend ties with Beijing - experts "If China's stance is still firm, North Korea will understand that there are no loopholes to exploit," an expert said.
Stamp honoring brandy production in Armenia enters circulation The stamps with nominal value of AMD 300 were printed in Cartor printing house, France, with a print run of 40 000 items.
Maradona wins $490,000 compensation from Chinese firms Maradona has won compensation from two Chinese firms for using his name in an online game, Hot-Blooded Soccer, without his consent.
Universal rescues Jim Carrey’s “Dumb and Dumber” sequel Sources say the film could shoot this summer for a release next year, which would coincide with the 20th anniversary release of the original.
HTC announces Desire 200 budget smartphone Measuring in at just 4.24 inches tall and 2.39 inches across, the handset is little bigger than a credit card.
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Areximbank-Gazprombank Group's SME credit portfolio to hit AMD 10 bln by late 2013
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EFSE funding for agricultural sector keeps growing

This is even more significant as the EFSE gives PLIs full flexibility in using MSE credit line funds across economic sectors.