Business Environment Index grows by 12 per cent over second quarterJune 24, 2009 - 17:47 AMT PanARMENIAN.Net - Business Environment Index in Armenia has grown by 12 per cent over the second quarter of 2009 compared with the first quarter and declined to 37.6. Consumer trust index has reduced by 4.2 per cent over the second quarter of 2009 reaching 43.2. The business Environment and consumer trust indexes have reduced by 23.5 and 12.3 per cent respectively compared with the same period of 2009. As the Central Bank of Armenia reports, over the second quarter of 2009 economic activity index reached 56.9 per cent, which is 18 per cent higher than during the first quarter. The economic activity index has reduced by 28.2 per cent as compared with the same period of the last year. 819 enterprises in industrial production, construction and services and 1804 households participated in the Central Bank's survey from the capital and all regions of the country. 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 | Concept to complete Yerevan Cascade discussed at city hall A conceptual proposal to complete the Cascade complex in downtown Yerevan has been presented by Jean-Michel Wilmotte. Pashinyan visits flood-hit region Armenian Prime Minister Nikol Pashinyan on Saturday, June 8 visited the disaster area in the Lori province. €3.5 mln EU grant to support justice reforms in Armenia The European Union has paid €3.5 mln grant to Armenia within a €11mln program on Support to Justice Reforms. Yerevan reacts to Baku’s proposal to see Minsk Group abolition Alen Simonyan has declared that Armenia is taking steps aimed at concluding a peace treaty with Azerbaijan. |