Expert: Construction of a new power unit of Armenian NPP depends on the will of our authorities Thursday, July 18 2019
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 ArmInfo. The continuation of nuclear energy generation in Armenia after 2026 depends on the political will and the correct calculation by our authorities of the current situation and, above all, prospects. A similar opinion was expressed to ArmInfo by UN expert on energy issues Ara Marjanyan. |
ArmInfo. German KfW Development Bank will provide Armenia with 3 million euros to improve the field of water management. According to the press service of the Ministry of Finance of Armenia, on July 19, 2 agreements with a budget of 3 million EUR were signed with a representative of the Bank in the financial department.
ArmInfo. The Ministry of Nature Protection of Armenia and the Japan International Cooperation Agency (JICA) have developed new interaction programs. This was announced during the meeting of Minister of the Nature Protection Erik Grigoryan and Permanent Representative of JICA in Georgia Yukihiko Ejiri, in the framework of which issues of expanding cooperation with the Green Climate Fund under the Minamata Convention on Mercury were discussed.
ArmInfo. Ameriabank will act as financial intermediary for Armenia in USD 175m blended finance impact securitization transaction launched by responsAbility AG arranged by JP Morgan and backed by Overseas Private Investment Corporation (OPIC).
ArmInfo.VTB Bank (Armenia) launched a new service for its customers - sending money transfers via the Best international system to any Visa / MasterCard / Mir cards issued by both Armenian and foreign banks worldwide from 71 branches of VTB Bank (Armenia).
ArmInfo. Following the results of the Q1 of 2019, the insurance sector of Armenia paid taxes of 633.9 million drams ($ 1.3 million), which is 11.8% more than a year ago. Of this amount, 86% or 542.3 million drams were paid on direct taxes (including income tax and profits tax). According to the RA State Revenue Committee, all 6 insurance companies operating in the market were included in the list of the top 1000 taxpayers of Armenia during the reporting period.
ArmInfo. The premiums of Armenian insurance companies increased by 17.6% per annum in the first quarter of 2019, with a rise in refunds of 11.9%, while the year before the rates were higher - 47.9% and 26% respectively. In the first quarter of 2019 alone, premiums increased by 59.8%, with a drop in payments of 6.8%, against premium growth of 36.1% and a fall in refunds of 22.2% in the first quarter of 2018. By April 1, 2019, the cumulative amount of insurance premiums was 16.3 billion drams, and the amount of insurance claims was 6.1 billion drams (figures are from IC reports on IFRS standards).
ArmInfo. Five foreign companies responded to the invitation of the Armenian side to the construction of the Megri hydroelectric station on the border with Iran of the Araks River. About this ArmInfo correspondent was told by a source in energy circles, noting that among potential investors there are no companies with Armenian roots.
ArmInfo. The private sector of Armenia plans to build a 100 MW hydroelectric power station on the Armenian-Iranian border, Iranian Energy Minister Reza Ardakanian said as reported by the IRNA news agency.
ArmInfo. In the first quarter of 2019, only 0.5% of users in Armenia faced attempts of launch of malicious software on their computers designed to steal money through online access to bank accounts. During the same period, 0.7% of users in Azerbaijan and 0.6% of users in Georgia were attacked.
ArmInfo. Beeline announced the launch of three new "Business" Alternative fixed-line telephony plans (TFs) for corporate customers. The press service of the company told ArmInfo that the updated postpaid line of tariff plans offers businesses a package of included airtime that can be spent on calls to all fixed and mobile networks in Armenia, Artsakh, the USA, Canada and China, as well as to all Beeline numbers in Russia .
ArmInfo.Property tax in Armenia will increase at least 2.5-3-fold. Sarhat Petrosyan, chairman of the Real Estate Cadastre Committee at the government, said this after answering the question of ArmInfo after the government meeting.
ArmInfo. In May of this year, compared with the same period of the 2018th year, real estate transactions inArmenia grew by 17.8%, the press service of the Real Estate Cadastre Committee reports.So, in May 2019, 15,956 transactions on state registration of rights to real estate were carried out in the republic, a reduction of 1.9% compared to April 2019. Meanwhile, compared with May 2018, the figure increased by 17.8 percent.
ArmInfo.According to Eurostat, Armenia is Europe's leader in GDP growth in the Q1 of 2019 by 7.1% per annum. Eurostat's report includes 41 countries.
ArmInfo. In June of the current year the two airports of the Republic of Armenia served 281 992 people in total, thus exceeding the indicator of the same month of 2018 by 12.1 %. This is stated in the official report of the General Department of Civil Aviation of Armenia (GDCA).
Artur Atoyan: Problems of fish farmers are solved by the communist method, that is, they are not solved at all
HSBC Bank Armenia digitalizes cooperation with retail clients 
AmRating agency in cooperation with European Rating-Agentur Expert RA GmbH has issued regular research on Armenia`s banking system
Yulia Ustyugova: Armenia can get access to IMF “insurance line”
Armand Arton: The question whether citizenship should be granted in return for investments is rather rhetorical
Former head of the Ministry of Finance: 
Vardan Aramyan: It will be unreasonable if the government goes to revise the allowable national debt ceiling in GDP
HSBC Bank Armenia increases efficiency and focuses on digital services
Bulgarian Minister: The level of Armenian-Bulgarian economic cooperation is still unsatisfactory
Expert: Recruitment market in Armenia from the point of view of supply and demand is sleeping
Expert: Despite the adequacy of Armenian banks` capitals, the opportunities for its optimal use are severely limited
Association of Organic Agriculture is being created in Armenia
Pailak Tadevosyan: Governments change in Armenia, but taxation approaches do not change
Rouben Indjikian: Everyone should follow the established unified and fair rules of the game
Mher Arakelyan: Armenia`s payment business has great prospects
Rating-Agentur Expert RA GmbH and AmRating issued an industry report on Armenia`s banking system
Igor Nazaruk: Each planted sprout has the right to a successful prospect if it is cherished and taken care of
Ara Khzmalyan: Armenia is comfortable to Russian tourist
The Armenian delegation to the US followed the advice of President Trump
Outflow of population and passivity of the Diaspora pushes property prices down
Forecast: Armenia has good prospects for expanding its presence in the Polish market
Armenian government`s delegation headed by Prime Minister will take part in the St. Petersburg International Economic Forum on June 6-7
Concessionaire of Zvartnots International Airport promises to become one of the best operators in the world
Arthur Javadyan: Central banks are not responsible for economic growth
Forecast: Electricity exports to the Middle East through Iran are a key component of Armenia`s geo- economic strategy
ArmInfo IC: In Armenia, CMTPL loss ratio increased up to 64.5% in Q1 2019
Overdue loans accelerate growth in banking system of Armenia
Renco company will attract additional shareholders and partners to the project of building a new thermal-power plant in Armenia
T.Avinyan: The Government is open for cooperation and encourages active dialogue and interaction in all areas 
Agreement on construction of a new unit with combined gas cycle signed in Yerevan
Veolia Jur: Regulatory charges are false and unfounded
Armenian Prime Minister: We are gaining momentum for economic takeoff
Through the mobile banking application of Ardshinbank you can get a loan in seconds.
By the end of 2018, "Galburdjian Group" will launch the production of sesame oil in Armenia
Expert: Armenia has a problem with effective use of water resources, rather than small hydropower stations
Investment forum "Energy Week 2018" to be held in Armenia
Expert: It is necessary to start implementing the program for the construction of a new nuclear unit
The Armenian government suggests raising the minimum pension by 60%
"Rad Sane Vashamir Group" is exempted from VAT payments for equipment imported to Armenia for three years
The updated feasibility study of construction project of electricity transmission line Armenia- Georgia will be ready by the end of the year - the Ministry of Energy
Eurasian Development Bank wishes to expand its activities in Armenia
$ 100 million to be invested in repatriation project Build Armenia
FRV: Armenia`s growing desire to increase renewable energy sources is a decisive factor