  Around 60% of car owners insured their vehicles in Armenia January 11, 2011 - 13:10 AMT PanARMENIAN.Net - Around 60% of car owners have already purchased policies of mandatory vehicle insurance in Armenia, the Bureau of Motor Vehicle Insurers of Armenia told PanARMENIAN.Net Starting from January 10, drivers of uninsured cars will be fined at the amount of AMD 5,000 per 10 days, while if a car is stopped by a representative of the traffic police, its driver will be fined by AMD 50,000. The RA police reported that the results of fines applied towards drivers of uninsured cars over the first 10 days of 2011 will be summarized on January 12. On May 18, 2010, the Armenian National Assembly approved the law on compulsory vehicle insurance, which envisages payment of decent compensation to people who suffered in car accidents. The law came into force from January 1, 2011.   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 |  Latest news Armenia Security Council chief traveling to Qatar  Secretary of the Security Council of Armenia Armen Grigoryan will travel on a working visit to Qatar.Pillars installed in Armenian border village of Kirants In the Armenian village of Kirants, three border markers have been installed, and border guards stand next to them.Armenian Foreign Minister regrets “tragic loss” of Iranian counterpart The Armenian Foreign Ministry has expressed shock over the death of the Iranian President and the Minister of Foreign Affairs.Armenian PM sends condolences to Iran Prime Minister Nikol Pashinyan sent a message of condolence to the Supreme Leader Seyyed Ali Khamenei. |
