BSTDB President: communication with Armenian companies has become easierMarch 24, 2011 - 12:52 AMT PanARMENIAN.Net - President of the Black Sea Trade and Development Bank Andrey Kondakov estimated positively the Armenian government’s actions aimed at suppressing inflation and improving the business environment in the country. “We discussed in detail the economic situation and trends with Armenia’s government. They infuse optimism. After a drastic drop of GDP, growth paces are observed this year,” Kondakov told a press conference in Yerevan. According to him, the government has taken action to reduce the budgetary deficit, while inflation still remains a serious problem. “We believe that the country’s authorities take relevant measures to keep it within reasonable limits,” noted Kondakov. “The business environment is improved in Armenia, and “communication with Armenian companies has become easier,” he concluded. 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. |