  Former CBA President: Armenian economic system aims to destroy M&S businessesJune 4, 2010 - 17:28 AMT PanARMENIAN.Net - Armenian economic system aims to destroy medium & small businesses, according to former CBA President Bagrat Asatryan. As he told a news conference in Yerevan, “Armenian economy is fully monopolized, with major companies stifling M&S businesses.” Bagrat Asatryan characterized monopolies as state within a state. “They are in possession of all political and power leverages, without having to reckon with so-called authorities.” Monopolies in control of Armenian economy do their best to eliminate the threat M&S pose to their income, former CBA President concluded.   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 |  Latest news Viva sees growing demand for cloud services  In recent years, medical institutions are starting to make use of Viva’s cloud servicesTurkey replacing term "Central Asia" with "Turkestan" in textbooks The Turkish Ministry of Education is replacing the term "Central Asia" with "Turkestan" in textbooks.Armenian, German presidents meet in Berlin Armenian and German Presidents Vahagn Khachaturyan and Frank-Walter Steinmeier met in Berlin.Armenia assumes presidency of Mediterranean Network of Regulatory Authorities The Commission on Television and Radio of Armenia said it expects productive cooperation in various formats. |
