  Star supermarkets network supports transition to floating rateMarch 6, 2009 - 19:36 AMT PanARMENIAN.Net - Star Supermarket Chain Management supports the floating exchange policy. According to Star Financial Director Gurgen Narimanyan, the recent governmental policy resulted in a number of problems, so we need some time to overcome the consequences. ''I'm confident that it was a necessary and timely step for Armenia. The economy sector will benefit from it in the medium term perspective.'' ''Here we have a favorable conjuncture for direct investments,'' Star Financial Director noted. ''Still, the government should be consistent in tax reduction, provision of equal rights in selective market and financial sector support.''   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 |  Related sections 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. |
