Mass refugee inflow from Iran won’t trigger price upsurge – UMBA chairDecember 5, 2011 - 12:04 AMT PanARMENIAN.Net - A crisis in Iran will clearly affect Armenia’s economy, according to the head of the Union of Manufacturers and Businessmen (Employers) of Armenia. As Vazgen Safaryan told a PanARMENIAN.Net reporter, “on one hand, a small county like Armenia cannot afford hosting a major inflow of refugees. On another, humanitarian assistance cannot be ruled out, with the issue under the jurisdiction of Foreign Ministry.” Safaryan, however, was skeptical that the inflow of refugees will result in price upsurge, as, before long, the government will be implementing regulating functions. “Let’s hope the situation in Iran, complicated as it is, won’t deteriorate further. After all, Iran won’t be as easy to attack as Iraq was,” the head of the NGO remarked. 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. |