  Expert dubs 2011 as year of stagnationDecember 26, 2011 - 14:18 AMT PanARMENIAN.Net - 2011 was a year of stagnation, according to the head of PolitEconomy research center. Andranik Tevanyan explained the aforesaid by authorities’ failure to fulfill their pledges in social-economic sphere during President Serzh Sargsyan’s presidency, as well as intensification of business consolidation and strengthening of oligarchy. In this context the expert recalled authorities’ pledges to ensure 8-10% economic growth, up to 10% poverty reduction, as well as Prime Minister Tigran Sargsyan’s statement that financial and economic crisis will not pose a threat to Armenia. Andranik Tevanyan further attributed current economic growth to inflation.   Top stories Grigoryan added that the situation around the world and particularly in the region is very difficult. The Armenian Defense Ministry has denied Azerbaijan's accusations of violating the ceasefire. Armenian Prime Minister Nikol Pashinyan took to social media to thank his Lithuanian counterpart for the contribution. President of the Armenian parliament Alen Simonyan met with the Speaker of the Azerbaijani Milli Majlis Sahiba Gafarova.   Partner news |  Latest news Viva sees growing demand for cloud services  In recent years, medical institutions are starting to make use of Viva’s cloud servicesTurkey replacing term "Central Asia" with "Turkestan" in textbooks The Turkish Ministry of Education is replacing the term "Central Asia" with "Turkestan" in textbooks.Armenian, German presidents meet in Berlin Armenian and German Presidents Vahagn Khachaturyan and Frank-Walter Steinmeier met in Berlin.Armenia assumes presidency of Mediterranean Network of Regulatory Authorities The Commission on Television and Radio of Armenia said it expects productive cooperation in various formats. |
