IMF, WB estimate Armenia’s financial stability at 93%June 3, 2013 - 19:58 AMT PanARMENIAN.Net - International Monetary Fund (IMF) and the World Bank published a Global Financial Stability Report, with Armenia’s financial stability 93% meeting the standards set by the Basel Committee and other parameters, the head of financial system stability and development department of Central Bank of Armenia said. Andranik Grigoryan further noted that Armenia takes the 16th spot among 140 countries by its competitiveness index. 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 | European Parliament to discuss repression in Azerbaijan The European Parliament will discuss repression of civil society in Azerbaijan on April 24 PACE wants concessions from Azerbaijan to accept Baku back A PACE co-rapporteur said that Azerbaijani authorities must make certain concessions so that the country can return to PACE. Cyprus parliament honors Armenian genocide victims Acting House President Zacharias Koulias noted that April 24 marks the “black anniversary” of the Armenian genocide. Armenia PM, France envoy discuss regional matters Issues related to the consistent development of Armenia-France cooperation were discussed. |