Vardan Bostanjyan: Armenian economy to revive in 2010June 30, 2010 - 14:11 AMT PanARMENIAN.Net - Armenia is just trying to convince itself of some positive economic tendencies, according to expert Vahagn Ghazaryan. “The GDP grows with inflation reaching 7-8% and basket of goods getting more expensive,” he told a news conference on June 30. “With dram devaluation the prices for food have raised, although globally these tend to go down,” Ghazaryan said. Meanwhile, Prosperous Armenia party representative, member of parliamentary committee on economic issues Vardan Bostanjyan voiced an opinion that Armenian economy will revive in 2010. “With the achievement registered, the economy will stabilize,” he said. 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 | U.S. warns Georgia not to side with Moscow against the west Georgia has been warned by the U.S. not to become an adversary of the west by falling back in line with Moscow. Power of One Dram sums up two-year program with Teach for Armenia Idram Junior also joined the companies during the visit, bringing with it a fascinating intellectual game for children Moscow slams EU mission in Armenia for “provocative activity” The EU mission is doing more and more against Armenia’s neighbors Russia, Azerbaijan and Iran, Mikhail Galuzin said. Yerevan Mayor to travel to Paris on May 15-19 The official delegation headed by Yerevan Mayor Tigran Avinyan will travel to Paris from May 15 to 19. |