Transportation price may rise to AMD 150 by next weekJuly 18, 2013 - 12:55 AMT PanARMENIAN.Net - Yerevan Municipality will host a discussion on transportation price hike, with public transport companies participating. The results of the discussion will be submitted for Mayor’s consideration, Yerevantrans CJSC director told PanARMENIAN.Net “Final calculation will be submitted to Mayor’s consideration, with the decision to be passed by next Monday,” Misak Hambartsumyan said. “We intend to increase transportation price to AMD 150, up from current AMD 100. We’re trying to find a compromise for people to acceptable transportation price and transport companies survive in the market,” he said. Despite earlier statement by the Public Services Regulatory Commission suggesting only a 5% hike, Hambartsumyan noted that the hike would not solve any problem, with the companies hardly able to operate in the face of increased prices for gas, diesel fuel and spare parts. 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 | Armenia designates flood-hit communities as disaster areas The emergency situation was created by floods caused by heavy rains in Armenia’s north on May 25-26. 17 bridges collapse as a result of floods in Armenia As a result of floods in Armenia’s northern Lori and Tavush provinces, 17 bridges, including five large ones, have collapsed. Armenia: Top cleric to retain title as he bids to become interim PM Galstanyan said earlier that the interim government would be tasked with stopping the “destruction of our homeland”. Ex-mayor of Karabakh capital arrested in Yerevan Ex-mayor of the Nagorno-Karabakh city of Stepanakert David Sargsyan has been arrested for 20 days. |