#ARMENIA
Prosperous Armenia is against 2013 budget; describes it as ‘survival budget.’
The Prosperous Armenia Party, which is the second largest in the Armenian parliament, controlling 37 seats in the 131-member legislator, said it will not endorse the government budget drafted for 2013 in its current form.Armenia ahs lowest minimum wage in Europe
According to the EU’s statistical agency, the Eurostat, Armenia has the lowest minimum wage across the continent, Mikael Melkumyan, an MP from the Prosperous Armenia Party, told a news conference today. Mr. Melkumyan, who is the deputy chairman of a parliament committee on economic affairs, said according to Eurostat, Armenia occupies the last place in terms of the minimum wage in Europe and is third in the CIS after Kyrgyzstan and Tajikistan.Free trade zone for jewelers may start working in 2013
The Free Trade Area (FTA) in Armenia for production of jewelry can start working in 2013, Berge Abajian, the vice-president of the Armenian Jewelers Association (AJA), said today at the opening of a jewelry exhibition in Yerevan.Armenia’s jewelry production in first eight months up 5.4 percent to 8.6 billion drams
Jewelry production in Armenia in the first eight months of 2012 saw a 5.4% growth when compared to the same period last year amounting to 8.63 billion drams, the National Statistical Service of Armenia told ARKA.Armenian fraudster David Mirzoyan admits guilt over us insurance smuggling ring
David Mirzoyan, a key member of the notorious international organized crime enterprise known as the Mirzoyan-Terdjanian Organization that stole more than $100 million through a wide-range of money making fraudulent schemes, has pleaded guilty, the office of U.S. Attorney for the Southern District of New York Preet Bharara said.EXPO-Russia Armenia 2012 is good platform for new ideas and cooperation boost: Armenian parliament speaker says
The fifth Russia-Armenia EXPO 2012 is a good platform for establishing mutually beneficial relationships, emergence of new ideas and implementation of programs, as well as for ensuring competition and cooperation, the chairman of the Armenian National Assembly, Hovik Abrahamyan said at the opening of the event.Opposition says Armenian government sells its stake in ARG to Gazprom, energy minister denies
Levon Zurabyan, head of the parliamentary faction of the oppositional Armenian National Congress (HAK), announced during today’s parliament Q&A session that the government had sold its 20 percent share in Armenia’s Russian-controlled ArmRosGazprom (ARG) natural gas operator to Russian Gazprom, the owner of 80 percent in the facility.Armenia to compensate AMD 1.6 BLN to former USSR Sberbank depositors in 2013
Armenia will allocate 1.6 billion drams in compensations payments to individuals in 2013, whose deposits remained frozen in the former Sberbank of the USSR, Armenia’s Minister of Labor and Social Affairs Artem Asatryan said at the government hour in the parliament Wednesday.French model agency to hold Elite Model Look casting in Armenia
Young Armenian girls are encouraged to participate in Elite Model Look International model contest’s casting in Yerevan, President of IC Model Management and Elite Model Look official representative in Armenia Ia Kitsmarishvili said, Novosti-Armenia reports.Armenia to have ten branded hotels in few years: Minister
The number of branded hotels in Armenia is expected to grow to 10 in a few years, Armenian economy minister Tigran Davtian said to journalists today. He said there are now several branded hotels in Armenia, like Marriott and Golden Tulip hotels in Yerevan. The second Marriott hotel will be built in the resort town of Tsakhkadzor.News 18081 - 18100 of 18452
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