CBA warns against participating in MMM 2011 financial pyramidApril 17, 2012 - 17:39 AMT PanARMENIAN.Net - The Central Bank of Armenia disseminated a message, which warns the population about the operation of MMM 2011 financial pyramid in the republic. According to the CBA message, the scheme’s ideology is based on return of investments with high interest rates in case of attraction of new ones. “CBA doesn’t issue license for pursuing such activity. CBA warns citizens and organizations about the risks the financial scheme poses to loss of significant means and properties,” the message reads. 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 | Erdogan wants “realistic road map” for relations with Armenia Turkish President Recep Tayyip Erdogan has called for a “new realistic road map” for relations with Armenia. Armenia-Azerbaijan: Experts launch work on determining coordinates Expert groups from the countries started the process of determining the coordinates based on geodetic measurements. Yerevan says did not expect CSTO in peacekeeping role Pashinyan has declared that the CSTO would be expected to come to the Armenia-Azerbaijan border as an ally of Armenia Henrikh Mkhitaryan wins Serie A title with Inter Inter Milan midfielder Henrikh Mkhitaryan admits that the team have long been imagining clinching Serie A against AC Milan. |