Armenian President hosts New Year reception for local entrepreneursDecember 24, 2010 - 19:13 AMT PanARMENIAN.Net - On December 24, Armenian President Serzh Sargsyan hosted a reception, inviting Armenian businessmen to celebrate Christmas and New Year’s Eve. At the event, the President spoke about the results of 2010, giving high assessment to local entrepreneurs’ attempts at stabilizing the post-crisis situation and achieving of a certain economic growth. As the Armenian leader stressed, the year 2011 should signal a new phase, that of restoration, strengthening and diversification of economy, presidential press service reported. 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 | Get Started: An educational platform for young startuppers The Get Started program which operates in two phases is an important platform for young startuppers. Byblos Bank Armenia celebrates Students' Day with scholarship recipients YSU students who received scholarships from Byblos Bank Armenia gathered in a casual setting to meet with the Bank's CEO, Hayk Stepanyan. Azerbaijan extends Rune Vardanyan’s arrest by 5 months A court in Azerbaijan has extended the arrest of former Nagorno-Karabakh leader Ruben Vardanyan by five months. Armenia border residents dissatisfied with delimitation Residents Kirants are dissatisfied with the results of the delimitation of the border between Armenia and Azerbaijan. |