STAR and EBRD to sign a credit agreementNovember 24, 2009 - 17:03 AMT PanARMENIAN.Net - Credit agreements between the STAR trading network and the European Bank for Reconstruction and Development (EBRD) will be signed November 25, 2009 in Yerevan, press office of STAR reports.Under the contract, STAR will receive from EBRD a credit. As STAR's Executive Director Vahan Kerobyan said, funds will be directed to fulfill financial obligations with suppliers, open new branches of supermarkets and reconstruct existing ones, as well as to strengthen the working capital. 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 | Armenia-Qatar ties discussed in Doha The Secretary of Armenia’s Security Council met with the Deputy Secretary General of the National Security Council of Qatar. ARARAT special evening dedicated to Aznavour's 100th Anniv. On May 20 ARARAT legendary Armenian brandy, celebrated the centennial of Maestro Charles Aznavour with a special event. Surveying works underway in Armenia’s Kirants Surveying works are underway in the Armenian village of Kirants in the northern Tavush province. Armenia calls for prohibiting threats of attacks on nuclear facilities Armenia has raised the need for a treaty prohibiting attacks on nuclear facilities devoted to peaceful purposes. |