  Finance Minister: no visible risks to economy development in Armenia February 2, 2012 - 14:50 AMT PanARMENIAN.Net - State budget implementability data for January 2012 suggests no visible risks to curb the country’s basic economic development, according to Armenian Finance Minister. “The world holds breath in expectation of economy developments in Europe, which, if negative, cannot but reflect on Armenia,” Vache Gabrielyan told a news conference in Yerevan. The Minister, however, was skeptical as to the possibility of “apocalyptical” aggravations, especially considering the expected 4%-4,5% economic growth Russia. Mr.Gabrielyan further ruled out any risks for the county’s economic development which might be caused by the oncoming elections.   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 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. |
