Armenian businesses fined AMD 250 mln in 2012December 25, 2012 - 13:32 AMT PanARMENIAN.Net - Armenia’s State Commission for the Protection of Economic Competition (SCPEC) adopted 214 decisions in 2012 regarding unscrupulous business entities, SCPEC chair said. As Artak Shaboyan told Dec 25 press conference, the total amount of fines imposed on unscrupulous businesses amounted to about AMD 250 mln in 2012 against AMD 10 mln of the past years. SCPEC head further noted that the number of disputed decisions grossed 7 in 2012, with 3 of them remaining unchanged. 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 | Czech-Armenian military cooperation discussed in Yerevan A delegation led by the Director General for the Industrial Cooperation Division of the Ministry of Defence of the Czech Republic visited Armenia. U.S. welcomes efforts to define Armenia-Azerbaijan border The United States welcomes efforts to define the border between Armenia and Azerbaijan, says Vedant Patel. Biden honors resilience of Armenian people on April 24 U.S. President Joe Biden has issued a statement on the 109th anniversary of the Armenian Genocide. Ex-Karabakh leader moved to solitary confinement cell in Baku, his son says David Vardanyan is the son of former Karabakh leader Ruben Vardanyan who who is currently imprisoned in Azerbaijan. |