Business Environment Index grows by 12 per cent over second quarterJune 24, 2009 - 17:47 AMT PanARMENIAN.Net - Business Environment Index in Armenia has grown by 12 per cent over the second quarter of 2009 compared with the first quarter and declined to 37.6. Consumer trust index has reduced by 4.2 per cent over the second quarter of 2009 reaching 43.2. The business Environment and consumer trust indexes have reduced by 23.5 and 12.3 per cent respectively compared with the same period of 2009. As the Central Bank of Armenia reports, over the second quarter of 2009 economic activity index reached 56.9 per cent, which is 18 per cent higher than during the first quarter. The economic activity index has reduced by 28.2 per cent as compared with the same period of the last year. 819 enterprises in industrial production, construction and services and 1804 households participated in the Central Bank's survey from the capital and all regions of the country. 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 | Titus, Bilirakis lead legislation to sanction Azerbaijani war criminals Representatives Dina Titus (D-NV) and Gus Bilirakis (R-FL) have introduced the bipartisan legislation. Azerbaijan must respect human rights, Scholz tells Aliyev German Chancellor Olaf Scholz has called for greater respect for human rights in Azerbaijan. Armenia: Defense Ministry warns against involving army in political processes The Ministry’s statement came after a video surfaced online, showing soldiers joining the protests in Tavush. Scholz hopes Armenia-Azerbaijan peace treaty will be signed this year German Chancellor Olaf Scholz hopes that a peace treaty between Armenia and Azerbaijan will be signed this year. |