Government can lend helping hand to Armenian business?February 24, 2009 - 15:57 AMT PanARMENIAN.Net - The alleviation of consequences of the economic crisis in Armenia will for most part depend on state-business cooperation. "Despite insufficient integration of Armenia in the EU economic structure, the republic couldn't avoid the global financial crisis," said Arsen Ghazaryan, head of the Union of Manufacturers of Armenia. The government should collaborate with entrepreneurs and create favorable conditions for competitiveness of domestic production, according to him. The discussions also focused on the government's activity, assessment of anti-crisis programs and legislative reforms. 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 | Concept to complete Yerevan Cascade discussed at city hall A conceptual proposal to complete the Cascade complex in downtown Yerevan has been presented by Jean-Michel Wilmotte. Pashinyan visits flood-hit region Armenian Prime Minister Nikol Pashinyan on Saturday, June 8 visited the disaster area in the Lori province. €3.5 mln EU grant to support justice reforms in Armenia The European Union has paid €3.5 mln grant to Armenia within a €11mln program on Support to Justice Reforms. Yerevan reacts to Baku’s proposal to see Minsk Group abolition Alen Simonyan has declared that Armenia is taking steps aimed at concluding a peace treaty with Azerbaijan. |