"Armenbrok": Economic recession to reach 15 per cent in 2009 in ArmeniaNovember 23, 2009 - 15:01 AMT PanARMENIAN.Net - Economic recession will reach 15 per cent in 2009 in Armenia, Aram Kayfajyan , CEO of Armenbrok investment consulting and brokerage company said in Yerevan, answering the question of a PanARMENIAN.Net reporter. "I think we will reach 15 per cent economic downturn, not more," he said. Over the last ten months of 2009 economy shrunk 17,5 per cent in Armenia compared to the same period in 2008. According to the National Statistical Service of Armenia, country's GDP in January-October of 2009 amounted to 2,466.3 billion AMD. 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 | About 32,000 rally in Yerevan to deman Pashinyan’s resignation About 31,700 people attended an opposition rally on Thursday, May 9 in Yerevan demanding the resignation of Prime Minister Nikol Pashinyan. Armenian, Azerbaijani Foreign Minister to meet in Almaty Armenian Foreign Minister Ararat Mirzoyan and his Azerbaijani counterpart Jeyhun Bayramov will meet in Almaty. Viva-MTS: Tech solutions to modernize infrastructure of border village The border village has been the focus of Viva-MTS and the Foundation for the Preservation of Wildlife and Cultural Values since 2015. Ucom's fixed network launched in Artashat To mark this occasion, the company has introduced a special offer exclusively for Artashat residents. |