Is Russia's economic development an important factor for economic development of Armenia?August 19, 2009 - 19:30 AMT PanARMENIAN.Net - The crisis has knocked the doors of Armenia, and we appeased ourselves that it was not a threat to us, Vartan Bostanjyan, MP from the Prosperous Armenia party, deputy chairman of the Standing Committee on Economic Affairs told a joint press conference today. Vardan Bostanjyan rather pessimistically commented on the current situation: the country had to invest from abroad in anti-crisis programs, rather than in economic development. In his view, the positive tendencies in Armenia's economy can be seen already in 2010. The former president of the RA Central Bank and now an advocate of the Armenian National Congress Bagrat Asatryan in this regard said that, at best, economic growth can be expected only in 2011 in Armenia. 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 | International cybercrime ringleaders arrested in Armenia, Ukraine Europol, Europe's crime agency, has arrested four ringleaders of several cybercrime networks that used botnets. Armenia skips CSTO Defense Ministers meeting A meeting of the Council of Defense Ministers of the Collective Security Treaty Organization countries began in Almaty. Armenian, Iranian foreigh policy chief talk over the phone The Foreign Minister of Armenia once again expressed condolences to his counterpart on the death of the President of Iran. Armenia, U.S. customs authorities to boost assistance with new deal The government has approved an agreement with the U.S. government on mutual assistance between the customs authorities. |