  Intensification observed in Armenian car insurance market in December December 7, 2010 - 17:49 AMT PanARMENIAN.Net - The pace of compulsory vehicle insurance policy sales have considerably increased in the beginning of December. 14% of vehicle owners in Armenia purchased policies of compulsory vehicle insurance as of the end of November 2010, the press service of the Central Bank of Armenia told a PanARMENIAN.Net reporter. “The results of policy sales over the past week have not been summarized yet. However, a considerable growth was recorded,” the source said. On May 18, 2010, the Armenian National Assembly approved the law on compulsory vehicle insurance, which envisages payment of decent compensation to people who suffered in car accidents. The law will come into force from January 1, 2011.   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 |  Latest news About 173 million drams and more than 30 beneficiary funds. "The Power of One Dram" is 4 years old  In June 2020, the exclusive joint corporate social responsibility initiative of Idram and IDBank "The Power of One Dram" was launched.Aliyev travels to Turkey at Erdogan's invitation On June 10, Azerbaijani President of Azerbaijan Ilham Aliyev will leave for Turkey on a working visit.CSTO budget “to be adjusted due to Yerevan’s non-payment of contributions” The CSTO budget for the current year requires adjustments due to the refusal of Yerevan to pay their share of contributions.Russia sends note of protest to Armenia over envoy’s trip to Ukraine’s Bucha Russia has sent a note of protest to Armenia over the visit of Vladimir Karapetyan and Tigran Ter-Margaryan to Bucha. |
