Power bills not to be subsidized through state budget: Prime MinisterJune 30, 2015 - 16:23 AMT PanARMENIAN.Net - The subsidies to cover extra costs of electric power won't be provided from Armenia’s state budget, Prime Minister said. Hovik Abrahamyan, however, didn't expand on the sources the funding will be provided from. He also refrained from comments on the Electric Networks of Armenia’s possible nationalization, Tert.am reports. “It is still too early to discuss that. We still have to wait for debates; as a result of the auditing, we’ll have what we will and will by all means make our decision public,” he told reporters. The PM did not respond to remarks about the reported allegations that the auditing will fall short of revealing the abuses in the system. He said the outcomes will be known as early as in July. 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. |