Rules for payment of insurance compensations under mandatory vehicle insurance set in ArmeniaDecember 21, 2010 - 19:06 AMT PanARMENIAN.Net - Chairman of the Central Bank of Armenia (CBA) Arthur Javadyan presided over a sitting of the CBA Council in Yerevan. During it, a decision was adopted on establishment of standards for placement and disposal of sums of the guarantee fund of the Bureau of Motor Vehicle Insurers of Armenia, the CBA press service reported. Besides, the Bureau’s rules on payment of insurance compensations under the mandatory vehicle insurance were set. 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 | Turkey condemns Uruguay’s recognition of Armenian Genocide Turkey has condemned a newly passed law in Uruguay that recognizes the Armenian Genocide, TRT reports. For the first time, Armenia votes in favor of Georgia resolution in UN Armenia on Tuesday, June 4 voted for the first time in favor a resolution adopted by the United Nations General Assembly. Moscow warns Armenia against leaving Russian-led defense bloc Armenia could ruin its military ties with Russia if it continues drifting towards the West, according to a senior official in Moscow. Moscow says ready to support Yerevan-Baku reconciliation Moscow has confirmed its readiness to support the reconciliation of Yerevan and Baku. |