  CBA: 6.3% growth recorded in business activity index in Q1 2011 in Armenia March 23, 2011 - 13:47 AMT PanARMENIAN.Net - The business activity index grew in Armenia by 6.3% and 28.3% in Q1 2011 compared to Q1 and Q4 2010 respectively, according to the Central Bank of Armenia (CBA). Besides, CBA reported that the business environment index decreased by 4% and 5.8% in Q1 2011 compared to Q1 and Q4 2010 respectively. The consumer confidence index dropped by 1% and 2.4% in Q1 2011 compared to Q1 and Q4 2010 respectively.   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 |  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. |
