Is Russia's economic development an important factor for economic development of Armenia?August 19, 2009 - 19:30 AMT PanARMENIAN.Net - The crisis has knocked the doors of Armenia, and we appeased ourselves that it was not a threat to us, Vartan Bostanjyan, MP from the Prosperous Armenia party, deputy chairman of the Standing Committee on Economic Affairs told a joint press conference today. Vardan Bostanjyan rather pessimistically commented on the current situation: the country had to invest from abroad in anti-crisis programs, rather than in economic development. In his view, the positive tendencies in Armenia's economy can be seen already in 2010. The former president of the RA Central Bank and now an advocate of the Armenian National Congress Bagrat Asatryan in this regard said that, at best, economic growth can be expected only in 2011 in Armenia. 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 | Narek Manasyan wins European Boxing Championships silver for Armenia Armenia’s Narek Manasyan (92kg) won Armenia’s second silver medal at the European Boxing Championships 2024 on April 28. Blinken urges Azerbaijan to continue negotiations with Armenia Secretary of State Antony J. Blinken has urged Azerbaijani President Ilham Aliyev to continue negotiations with Armenia. Pashinyan, Blinken talk Armenia-U.S. ties over the phone Prime Minister Nikol Pashinyan had a phone conversation with US Secretary of State Antony Blinken on April 28, Pashinyan’s office reports. Titus, Bilirakis lead legislation to sanction Azerbaijani war criminals Representatives Dina Titus (D-NV) and Gus Bilirakis (R-FL) have introduced the bipartisan legislation. |