RA PM says big businesses to get no compensation for energy price hike![]() August 13, 2015 - 17:05 AMT PanARMENIAN.Net - The Armenian government will not compensate big businesses for the electricity price hike, RA Prime Minister Hovik Abrahamyan said, according to Tert.am. “Some people mistakenly think the government will support not only the population, but also big businesses. This is completely untrue, as the President declared that we will cover only the population's expenses,” the PM said. ![]() ![]() #ElectricYerevan Electric Networks of Armenia (ENA) submitted a bid to the Public Services Regulatory Commission (PSRC) demanding to raise energy price by AMD 17 ($0.036). During the June 17 session, PSRC partially satisfied the bid raising the tariffs to AMD 6,93 ($0.0146) from August 1, causing major public outrage. ![]() ![]() 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 | ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() |