 Armenian economy overmonopolizedOctober 23, 2009 - 20:31 AMT PanARMENIAN.Net - "Dominating monopolization in Armenia will bring the country to a deadlock. I agree there are both objective and subjective reasons for monopolization," RA Ombudsman Armen Harutyunyan told a news conference in Yerevan. RA economy's monopolization is explained by mainly subjective factors, Armen Harutyunyan noted, adding that RA anti-monopoly institutions' work is not productive enough and carries mostly formal character. The Ombudsman emphasized the importance of institutional reforms, stressing that otherwise Armenia will not be able to overcome challenges faced. "Monopolization and labor exploitation has to be eliminated," Armen Harutyunyan underscored.   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. |
