Vardan Bostanjyan: Armenian economy to revive in 2010June 30, 2010 - 14:11 AMT PanARMENIAN.Net - Armenia is just trying to convince itself of some positive economic tendencies, according to expert Vahagn Ghazaryan. “The GDP grows with inflation reaching 7-8% and basket of goods getting more expensive,” he told a news conference on June 30. “With dram devaluation the prices for food have raised, although globally these tend to go down,” Ghazaryan said. Meanwhile, Prosperous Armenia party representative, member of parliamentary committee on economic issues Vardan Bostanjyan voiced an opinion that Armenian economy will revive in 2010. “With the achievement registered, the economy will stabilize,” he 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 | 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. |