RA Government delayed implementation of anti-crisis programs in agriculture sphereOctober 2, 2009 - 19:43 AMT PanARMENIAN.Net - Armenian government has delayed implementation of anti-crisis programs in agriculture sphere said Avag Harutyunyan, Head of Marat Armenian wine makers union. According to him, problems in the sphere could be predicted back in spring 2009. "We felt real crisis impact in August 2009, and I see we are going to suffer losses in October," he said.Factories, according to him, have not received government's credit, and factory managers have not made requests for reducing credit interest rates. "In this way, we lost significant shares in sales market and will be unable to recover them," Maran company's director noted, adding that Armenian products have a high cost price and vacant places in market will be filled by low quality products. "We won't be able to recover 25-30% of our losses within 7-8 years," Harutyunyan said. 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. |