Power bills not to be subsidized through state budget: Prime MinisterJune 30, 2015 - 16:23 AMT PanARMENIAN.Net - The subsidies to cover extra costs of electric power won't be provided from Armenia’s state budget, Prime Minister said. Hovik Abrahamyan, however, didn't expand on the sources the funding will be provided from. He also refrained from comments on the Electric Networks of Armenia’s possible nationalization, Tert.am reports. “It is still too early to discuss that. We still have to wait for debates; as a result of the auditing, we’ll have what we will and will by all means make our decision public,” he told reporters. The PM did not respond to remarks about the reported allegations that the auditing will fall short of revealing the abuses in the system. He said the outcomes will be known as early as in July. 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. |