Expert: When there is no trust between private and public sectors,  unfortunately, there is no need to talk about right decisions

 Thursday, April 18 2024 17:31:00
Expert: When there is no trust between private and public sectors,  unfortunately, there is no need to talk about right decisions

ArmInfo. I do not share the optimism that Armenia will be able to diversify its export markets in  a few years; maybe it will be possible to somewhat reduce its dependence on the Russian market.  Emil Stepanyan, co-founder of the Export Armenia Association of Experts stated  in a conversation with  an ArmInfo correspondent.

Only domestic reasons for oil product price rise, expert says 
 Friday, March 11 2022 12:11

ArmInfo. The situation in the international energy markets resultant from the war in Ukraine will not have any effect on the price of the Russian gas supplied to  Armenia, primarily due to the fact that Armenia is purchasing gas on  a contract basis rather than as spot purchase.

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Export diversification and boosting domestic production can  compensate Armenian businesses for their financial losses, expert  says
 Tuesday, March 1 2022 13:47

ArmInfo. It is first of all export diversification and boosting domestic production that can compensate Armenian businesses for their financial losses caused by the Russian  rouble depreciation, Gagik Makaryan, President of the Republican  Union of Employers of Armenia (RUEA), told ArmInfo. 

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Forecast: By improving its economy, Armenia will have more  flexibility in foreign policy to normalize relations with Turkey
 Monday, February 14 2022 16:55

ArmInfo.By establishing diplomatic relations with Turkey and opening the borders for Turkish capital, the Armenian leadership will first of all improve the  economy. And on the example of Georgia, I do not at all think that  all this can threaten Armenia with Turkish expansion.  Professor of  the Georgian Technical University, Doctor of International Relations,  conflictologist Amiran Khevtsuriani, expressed a similar opinion to  ArmInfo

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Expert: Rise in energy prices in Armenia is a consequence of wrong,  uncalculated decisions of the authorities
 Wednesday, January 19 2022 12:26

ArmInfo.The expected next increase in tariffs for gas consumed by subscribers is by no means due only to the need to bring the calorie content of gas into the  norm stipulated by the agreements. Expert on energy security, doctor  of political sciences Vahe Davtyan expressed a similar opinion to  ArmInfo.

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We were not caught unprepared for pandemic - Ishkhan Mkhitaryan
 Friday, January 7 2022 16:03

ArmInfo. Over the last two years, the ongoing global coronavirus pandemic has greatly impacted our customary way of life. However, every cloud has a silver lining – the pandemic has caused the humankind to make a leap into the future of digital reality, making this period at least a decade shorter.

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Economist: The ban on Turkish imports need to be supplemented by  import substitution
 Friday, December 24 2021 17:27

ArmInfo.The ban on Turkish imports to Armenia should not only be extended, but also supplementedby import substitution. Chairman of the Republican Union of Employers  of Armenia, economist Gagik Makaryan expressed a similaropinion to  ArmInfo.

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Expert: IT industry turns towards its own country 
 Thursday, November 4 2021 12:50

ArmInfo. At the end of October, Yerevan hosted the annual but already traditional event in the country's IT industry - DigiTec Expo2021. This time the event  took place in the exhibition area of the Karen Demirchyan Sports and  Concert Complex.

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Veronika Nikishina: REC Group is interested in close cooperation  with Armenia in a wide range of integration projects
 Monday, October 18 2021 21:10

ArmInfo.The interregional Armenian-Russian  forum has opened in Armenia yesterday, in the framework of which a  business mission of the Russian Export Center (Russian Export Center)  will also take place on October 19-20, with the participation of  about 150 entrepreneurs.

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Aram Sargsyan: The key to Armenia`s development is universal  diversification
 Thursday, October 7 2021 12:14

ArmInfo.Leader of the "Republic" party, former Prime Minister of Armenia Aram Sargsyan, in an interview with ArmInfo, comments on the latest regional  transformations with the participation of Armenia. Discusses the  prospects and ways of development of the Armenian economy. Shares his  own vision of the place and role of Armenia in the South Caucasus and  in the world.

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ACBA Bank: publicity and a new development paradigm
 Tuesday, October 5 2021 19:04

ArmInfo. This year, one of the largest banks in Armenia, ACBA Bank, has made an extremely serious claim in the market. Due to the accumulated profit, the bank increased its authorized capital from 30 to 50 billion drams, and in mid-September announced an open and free subscription to its shares for a total of 7.5 billion drams.

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Andrey Sinyakov: We consider the completion of the second stage of the modernization project of the Agarak Copper-Molybdenum Combine as a serious anti-crisis measure
 Saturday, September 18 2021 15:16

ArmInfo.  Despite serious attempts to diversify Armenia's export-oriented industries, the mining industry remains the main locomotive of the country's economy. One of its largest players is the Agarak Copper-Molybdenum Combine (ACMC), which is included in the list of the largest taxpayers and is the operator of the city-forming enterprise, bordering Iran, in the southernmost region of Armenia.

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Expert: The unprecedented rise in gas prices in Europe and EAEU  membership open new opportunities for Armenia
 Wednesday, September 15 2021 12:07

ArmInfo.The unprecedented rise in gas prices in Europe and membership in the EAEU, in theory, open up new opportunities for Armenia in the direction of lowering  the existing price for Russian gas. A similar opinion was expressed  to ArmInfo by an expert on energy security Vahe Davtyan.

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Transformation and trust are important for success in modern banking. artak hanesyan
 Tuesday, August 24 2021 12:38

ArmInfoIn an interview for GlobalMarkets, Artak Hanesyan, Ameriabank’s CEO, explains the bank’s strategy and highlights some of the key reasons for its success in the Armenian market.  

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Economist: Armenian dram reacts to government actions
 Wednesday, June 30 2021 17:09

ArmInfo.In the post-election period, economic activity in Armenia will intensify even more, which is conditioned by the resolution of the internal political crisis  through the formation of the authorities, which will now have to  implement the announced programs. Economist Vahagn Khachatryan  expressed this opinion to ArmInfo.

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Telecom Armenia: New Strategy, New Network and New Horizons
 Wednesday, May 19 2021 01:19

ArmInfo. The only good news for our public at the end of last year was perhaps the announcement by brothers Alexander and Hayk Yesayan about the appearance of a national telecom operator on the market.

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Armenia`s restaurateurs have hardly recovered, and now they face  tougher taxes
 Tuesday, May 18 2021 12:55

ArmInfo. Representatives of the catering sector are beating the alarm - the Armenian government, within the framework of measures to cover the "tax gap", and in  violation of previously reached agreements, initiates tax changes.

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A year of fragile hopes or double-digit growth: What actually awaits  the Armenian economy in 2021 - Ashot Osipyan
 Thursday, May 13 2021 14:10

ArmInfo. The decline in the Armenian economy in 2020 was about 7.5%, largely due to the coronavirus pandemic and the Karabakh war. According to the forecasts of the IMF  and the Central Bank of Armenia for 2021, growth will be about  1-1.4%.

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Expert: Talk about the construction of a new nuclear power plant in  Armenia does not go beyond political rhetoric
 Tuesday, April 13 2021 16:40

ArmInfo.At this stage, conversations and discussions around the construction of a new  nuclear power plant in Armenia do not go beyond the framework of  table toasts, Vahe Davtyan, an expert in the field of energy  security, Doctor of Political Sciences expressed a similar opinion to  ArmInfo, commenting on the possibility of building a new nuclear  power plant in Armenia, voiced by Prime Minister Pashinyan at a  meeting with Russian President Putin.

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Optimism of the authorities contrary to official statistics: What  will the Armenian economy face?
 Thursday, April 8 2021 16:02

ArmInfo.Under the most optimistic scenario, Armenia's GDP will grow to 2% by the end of the year. If pessimistic forecasts are confirmed, the economy will collapse to  4-5%.  Economist Atom Margaryan stated this in an interview with ArmInfo.

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The later the economy will be restored, the higher the probability of  a foreign exchange rate and yield of bonds 
 Saturday, March 27 2021 14:53

ArmInfo. In the near future, harsh fluctuations are not expected, but if the recovery of the economy will require a longer time, then a small increase in the exchange  rate and profitability of securities is possible. Such a forecast in  an interview with Arminfo gave the General Director of the company  "Capital Asset Management" Alik Arakelian, noting that, nevertheless,  this growth will be manageable.  

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