SCPEC fixed tendencies of increasing prices on consumer marketNovember 17, 2009 - 13:34 AMT PanARMENIAN.Net - As a result of recent research conducted on consumer market, State Committee for the Protection of Economic Competition has observed tendencies of increasing prices on products of social importance, particularly on petroleum, diesel fuel, vegetable oil, egg and sugar. "We are certainly concerned by increased prices on consumer market. It is planned to start administrative proceedings against those markets," chairman of Committee David Harutyunyan said. To find out and prevent unreasonable increase of prices on above-mentioned products, especially ahead of New Year holidays, Committee recommended entrepreneurs to submit relevant justifications between November 20 and December 31, 2009. 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. |