  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 |  Related sections 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. |
