Serz Sargsyan: Armenia achieved economic stability in 2011December 28, 2011 - 21:04 AMT PanARMENIAN.Net - President Serz Sargsyan wished Armenian businessmen a happy New Year, wishing them success in 2012. “The outgoing year was full of challenges. In 2011, the whole world, and specifically Europe, was facing serious economic and financial problems they haven't completely recovered from. Most probably, the issues will continue into the year 2012, however, despite difficulties described, in 2011 Armenia showed growth in the sectors of industry and agriculture, mostly through the effort of local entrepreneurs, with the country achieving political and economic stability,” presidential press sservice quoted the Armenian leader as saying. President Sargsyan further stressed the necessity for development of businesses by creating a favorable climate and promotion of cooperation with the entrepreneurs. 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 | Putin congratulates Pashinyan’s birthday Russian President Vladimir Putin congratulated Armenian Prime Minister Nikol Pashinyan on his birthday on June 1. Opposition motorcade en route to Gyumri for large rally A motorcade of protesters headed by Archbishop Bagrat Galstanyan is heading to the city of Gyumri. Ruling MPs, Foreign Minister talk Armenia-Azerbaijan processes MOs from the ruling Civil Contract party met with the Foreign Minister Ararat Mirzoyan in the Armenian parliament. Russia: Armenia’s frozen membership weakens CSTO position in Caucasus A Russian envoy said any step that could alienate the CSTO member states from each other is “deeply wrong”. |