Businessman: problems in Armenia’s real estate market unchangedJune 14, 2012 - 16:21 AMT PanARMENIAN.Net - The decline in demand currently recorded in Armenia’s real estate market doesn’t affect the prices, Akcern Corporation president said. “The price fluctuations are observed at the level of 0,5-1%,” Hakob Baghdasaryan said. He conditioned the price maintenance by the unchanged construction volumes, as well as growth of consumer prices. “The situation in the real estate market remains unchanged,” the company head said. He further said that there is no significant increase in volumes of real estate purchase in Armenia by citizens of Syria and Iran. 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 | IDBank, Dalma team up for Caucasian Deer Reintroduction Program IDBank has joined Dalma Garden Mall’s Green Challenge to support the Caucasian red deer reintroduction project. Through Ucom’s support the 12th Sunchild Festival concludes On May 24-28, with the support of Ucom, the 12th international environmental festival Sunchild took place in Yerevan. U.S., Turkey emphasize importance of Armenia-Azerbaijan peace deal Jake Sullivan and Akif Cagatay Kilic have discussed the normalization process between Armenia and Azerbaijan. Armenia coach expects good football in Slovenia friendly The Armenian national team has left for Ljubljana a friendly match against Slovenia on June 4. |