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Eastern Horoscope for 2025: Year of the Snake – A Time for Change
The year 2025 is approaching, and it will be under the influence of the Green Wooden Snake. According to the Eastern (Chinese) calendar, the Year of the Snake will start on January 29, 2025, and end on February 16, 2026. YEREVAN, December 18. /ARKA/. The year 2025 is approaching, and it will be under the influence of the Green Wooden Snake. According to the Eastern (Chinese) ...
12/18/2024Armenia toughens sanctions for power and water supply disruptions
... YEREVAN, 9 October. /ARKA/. The Public Services Regulatory Commission (PSRC) of Armenia has approved new rules on compensation for frequent power cuts and water supply interruptions. According to the decision, in case of repeated violation within one calendar year of any of the deadlines set by the Rules of Distribution Networks for emergency interruption of electricity supply to the consumer and its restoration, the national energy distribution company Electric Networks of Armenia will pay a fine ...
10/09/2024Armenia to introduce chickenpox vaccination in 2024
... vaccine, according to Stepan Atoyan, Director of the National Center for Disease Control and Prevention under the Ministry of Health. The vaccine rollout will be phased, initially targeting children aged one and those of pre-conscription age. By 2027, vaccination will be integrated into the National Immunization Calendar for children aged 1 to 6, similar to the existing schedule for measles and rubella. Atoyan reported that between August 1 and 20, Armenia registered 336 cases of chickenpox, with approximately 83% of the infected being individuals under 18 years ...
08/21/2024Landlocked Armenia must make the best use of human resources - ADB head in Armenia (exclusive)
... are expected to be implemented this year? D. Lambert - At the moment, a $3 million project has been approved. Its goal is to prepare 1,000 farms to adapt their agro-practices to climate change. I should note that our project cycle coincides with the calendar year and, in line with this, we plan to sign 3-4 more new projects before the end of the year. Under one of these projects, 24 medical centres in the country will be rehabilitated and repaired. All of them are mostly located in rural areas and ...
08/01/2024World Bank publishes country classifications by income level for 2024-2025
... World Bank Group published its updated classifications of countries by income level for 2024-2025 on Tuesday. It assigns the world’s economies to four income groups: low, lower-middle, upper-middle, and high based on the GNI per capita of the previous calendar year. This year, three countries, namely Bulgaria, Palau, and Russia, moved from the upper-middle-income to the high-income category. “Economic activity in Russia was influenced by a large increase in military related activity in 2023, while ...
07/02/2024Armenian Prime Minister congratulates fellow citizens on First Republic Day
In a congratulatory message on the occasion of the First Republic Day celebrated on 28 May, Armenian Prime Minister Nikol Pashinyan noted that it is one of the most important days in the state calendar. YEREVAN, 28 May. /ARKA/. In a congratulatory message on the occasion of the First Republic Day celebrated on 28 May, Armenian Prime Minister Nikol Pashinyan noted that it is one of the most important days in the state calendar. "Firstly,...
05/28/2024How choosing an account can help you reach your financial goal
... at least three years. In the event of early withdrawal of funds, the funds received from deductions will also have to be returned. - It is impossible to open more than one IIS, but it can be transferred to another broker. - The investment limit for a calendar year is one million rubles. - Tax benefits are divided into two types: а. Deduction for contributions. The investor is refunded 13% of the amount contributed to the account during the year. The rate corresponds to income tax. The deduction can ...
03/21/2024Regular exercises of reservists with participation of 435 people will start in Armenia on April 15
... exercises of reservists comprising 435 people will be held in Armenia from April 15 to July 15, according to a decision approved by the government today. The military exercises will be held in different types of troops. Exercises of reservists lasting 25 calendar days are held in Armenia on a regular basis, several times a year. The expenses are covered by the funds allocated by the government to the Defense Ministry. --0--
03/14/2024Armenia to hold regular training camps for reservists
... training camps for reservists will be held in Armenia from April 1 to June 28. A corresponding decision was made by the government on Thursday. Reservists will be drafted and released in groups. Each of them will be called up for a period not exceeding 25 calendar days. In Armenia, reservists' training camps are announced several times during the year. --0--
02/29/2024Training camps for reservists will be held in Armenia from January 23 to April 12
... government decided today. The assembly will be held from January 23 to April 12, 2024. A total of 2,838 citizens will be drafted , including 161 officers, specialized in missile and artillery armaments. The training of reservists is to last no more than 25 calendar days. According to an earlier related government decision, the reservists are considered military personnel for the entire period of their participation in training assemblies. They will enjoy all the social benefits provided for military personnel,...
12/21/2023Vaccinations against chicken pox and coronavirus will be added to Armenia's National Vaccination Calendar
Starting from 2024 vaccinations against chicken pox will be added to Armenia's National Vaccination Calendar in stages. Besides, Covid-19 vaccinations will be included in the calendar for risk groups. YEREVAN, November 23. /ARKA/. Starting from 2024 vaccinations against chicken pox will be added to Armenia's National Vaccination Calendar in stages....
11/23/2023First death of a child from measles recorded in Armenia
... according to the National Center for Disease Control and Prevention, 467 cases of measles have been recorded in Armenia, including 325 cases in children. One citizen was hospitalized, 295 patients have already been discharged. According to the National Vaccination Calendar, measles vaccinations are provided for children aged 1 year and 4-6 years. -0-
10/25/2023Acba bank opens 65th branch
... - here ). For more details, visit the bank's website. For legal entity clients - - Visa Business cards without fee for the first year of service - In case of activating Soft PՕS application, the commission fee for card servicing will be 0% for 30 calendar days after the conclusion of the agreement. For more details, visit the bank's website. Sebastia branch of Acba Bank will work from Monday to Friday from 09:30 to 18:00 (cash and settlement services - from 09:30 to 16:30). Sebastia branch is ...
10/23/2023Armenia to digitize national vaccination calendar
Armenian Health Ministry is working to digitize the national vaccination calendar, Gayane Sahakyan, Deputy Director of the National Center for Disease Control and Prevention, told a press conference today. YEREVAN, April 26. /ARKA/. Armenian Health Ministry is working to digitize the national vaccination calendar, Gayane ...
04/26/2023Ameriabank named Best Foreign Exchange Bank in Armenia by Global Finance
... solutions to our customers.” Ameriabank’s Best Foreign Exchange Bank Award is the latest added to the list of accolades the Bank achieved throughout 2022, including the three Best Bank Awards received from leading international magazines in one calendar. On this occasion, the Bank has launched “The Triple Best” campaign dedicated to all the people who stand behind the Bank’s achievements recorded throughout the past years. About Ameriabank Ameriabank is the largest financial institution ...
12/28/2022Iran to double natural gas supplies to Armenia
... arrangement. “Based on this, electricity swap figures will be modified in line with the increase in the size of gas exports,” Chegeni said. Under the renewed deal, Iran and Armenia will commit to swapping gas for electricity until the end of the Iranian calendar year 1409 (March 2023). Iran’s gas supplies to Armenia are small compared to the volumes exported to Iraq and Turkey which amount to 70 mcm per day during peak days. As part of gas for electricity swap deal Armenia has been receiving natural ...
11/02/2022Germany's second quarter GDP unchanged compared to previous quarter
Germany's gross domestic product (GDP) in the second quarter of 2022 was unchanged (0.0%) compared with the first quarter of 2022 after adjustment for price, seasonal and calendar variations, Interfax reported citing Germany's Federal Statistical Bureau Destatis. YEREVAN, July 29, /ARKA/. Germany's gross domestic product (GDP) in the second quarter of 2022 was unchanged (0.0%) compared with the first quarter of 2022 ...
07/29/2022Armenia's SRC lowers threshold for duty-free online trading for individuals to about 370 euros
... the value of the order, but not less than 2 euros per 1 kg. The SRC said this decision will allow to support citizens who order goods for personal use in foreign online stores, and to avoid a shortage of goods. The decision comes into force after 10 calendar days since the date of its official publication. However, on March 23 the SRC said that the decision of the Eurasian Economic Commission Board dated December 20, 2017, allows Eurasian Economic Union (EEU) members to set more stringent cost, weight ...
03/24/2022Eurasian Economic Commission raises duty-free online trading threshold for individuals from 200 euros to 1,000 euros
... amount of 15% of the value of the order, but not less than 2 euros per 1 kg. This decision will allow to support citizens who order goods for personal use in foreign online stores, and to avoid a shortage of goods. The decision comes into force after 10 calendar days since the date of its official publication. The Eurasian Economic Commission's Board has also set a quota for duty-free imports of electric vehicles to Armenia- 7,000 electric vehicles in 2022 and 8,000 electric vehicles in 2023. --0--
03/18/2022Armenian Health Ministry to remove some of Covid-19 restrictions
... test cannot visit public places and events in Armenia. Earlier, the government reduced the period of self-isolation from 14 calendar days to 7 days for vaccinated citizens and to 10 days for non-vaccinated. Starting December 1, working people in Armenia ... ... negative PCR test. On December 10, the Armenian parliament approved a bill that allows employers to fire employees for lack of a vaccination certificate or negative coronavirus test. On December 23, 2021 Armenia’s Constitutional Court ruled that a Health ...
02/17/2022Pashinyan: France has played a key role in the Armenian genocide recognition process
... recognition of the Armenian Genocide. January this year marked 20 years since the adoption of a law on Armenian Genocide recognition by France. A landmark was the commemoration of April 24 as the Armenian Genocide Remembrance Day in the French state calendar by the decree initiated by President Emmanuel Macron. The Armenian people are grateful for the support provided by friendly France,” the Premier said. Thankful for Nikol Pashinyan’s kind remarks, Jean-Baptiste Lemoyne said it was an honor ...
04/24/2021Some 1,500 Armenian citizens imported medicines last year by mail
... that in January 2021 alone, 150 packages of medicines were received that way. Previously, the import of medicines by mail was prohibited; individuals could only carry medicines with themselves in their luggage. According to the new changes, during a calendar year, a citizen is allowed to import up to 5 names of medicines in 3 consumer packages. To import more, citizens should contact the Ministry of Health. The State Revenue Committee also reminded that the import of drugs containing psychotropic ...
02/09/2021Armenian government approves 22th program to cushion consequences of COVID-19
... citizens who are faced with social problems due to difficulties in the labor market amid the coronavirus. "The beneficiaries of the program will be those citizens of Armenia, individuals, who, from January 1 to March 30, 2020, had a minimum of 85 calendar days in labor relations (had an employment contract), but from March 31 to June 1 they were dismissed and did not switch to another job,” said Batoyan. The minister also said that there are exceptions. In particular, employees of credit organizations,...
06/25/2020Armenia's State Revenue Committee reduces VAT refund term
... compensating the risks associated with current liquidity. It said that in January-April 2020, in comparison with the same period in 2019, the time between receiving a VAT refund application and transferring the amount to the company's account was reduced by 9 calendar days. “The amount of VAT refunds is increasing annually, which is also confirmed by figures. Thus, in January-April 2020, their amount grew to 41.8 billion drams from 36.1 billion drams in January-April 2019,' the SRC said. ($1 - 483 drams)....
05/25/2020Armenian government to prequalify companies for construction of Ayg-1 photovoltaic solar power plant
... farms, according to ANIF. According to Avinyan, the government has saved up to $2 million because the project was developed by the Ministry of Territorial Administration and Infrastructures. He said companies wishing to participate in the tender have 45 calendar days to submit applications in electronic format, after which at least three companies must be qualified in accordance with the requirements of the tender. Two weeks later, the qualified companies will have to submit counter proposals to the ...
05/21/2020Armenia extends state of emergency for another month (MORE DETAILED)
...," the minister said. Among the main changes there is a mandatory hospitalization mechanism for those infected with coronavirus. The isolation regime in the case of reasonable suspicions that a person may be infected can be extended for another 14 calendar days. If the coronavirus is confirmed, it will be extended until confirmation of the absence of infection. People staying in the prolonged isolation are subject to a daily medical examination. They must be freed from isolation as soon as the ...
05/14/2020Armenian government intends to extend state of emergency until June 13
... 17:00 on June 13 inclusive. Among the main changes there is a mandatory hospitalization mechanism for those infected with coronavirus. The isolation regime in the case of reasonable suspicions that a person may be infected can be extended for another 14 calendar days. If the coronavirus is confirmed, it will be extended until confirmation of the absence of infection. People staying in the prolonged isolation are subject to a daily medical examination. They must be freed from isolation as soon as the ...
05/14/2020Holders of VTB Bank (Armenia) MasterCard World Black Edition premium cards offered 30% discount for using Yandex Taxi
... category office, brokerage services, high deposit rates, the Lounge Key service, which provides access to VIP zones in more than 600 airports in 300 cities in 100 countries , free travel insurance outside the Republic of Armenia for 30 days during the 1st calendar year, favorable credit terms and a credit limit with a grace period of repayment of up to 55 days, free registration of an additional card for family members. MasterCard cards of VTB Bank (Armenia) can be used all over the world - in more than ...
04/08/2020VTB Bank (Armenia) offers savings account on beneficial conditions
... no minimum or maximum amount is set, replenishment of the account and cash withdrawal from the account are not restricted, the account is serviced without any monthly fee of everyday balance on the account was no less than AMD 10,000 throughout the calendar month, otherwise, the commission of AMD 390 is taken. Interests are paid every month with capitalization. They are based on the amount of the minimum balance of the savings account for the last three months, including the current month, and capitalized ...
01/31/2020VTB Bank (Armenia) offers savings accounts at 9.5%
... through about 4000 payment terminals across the country, the Mobile / Internet Bank, as well as though the Video Bank services. The bank said the opening of an account is free of charge; monthly account maintenance is also free of charge if, during a calendar month, the daily cash balance on the account was 10,000 drams and more. Otherwise, the fee for servicing the account is 390 drams; there is no restriction for replenishing and withdrawing of funds from the account and no minimum or maximum deposit ...
11/01/2019VTB Bank (Armenia) unveils special offer designed for May holidays
... interest rate of 9%. The term of the deposit is 9 months (270 days), the currency of the deposit is Armenian national currency. By the end of the term of the deposit, the bank will provide the customer with a bonus –the interest paid for additional 9 calendar days. The offer will be valid for three days: May 7, 8h and 10. All customers who will open deposits during these three days will receive a bar of chocolate from the bank. Besides, the clients will receive a MasterCard card with free service ...
05/06/2019Rosatom supports prolongation of Russia’s loan provided for extension of Armenian Nuclear Power Plant’s life
... million provided as loan and $30 million as grant. Salkov also spoke on the necessity of prolongation of the terms of the loan contract stressing that there are no problems. “The amount decided at the initial stage of the project was intended for one calendar year, but new objectives have appeared in the process, more detailed plans have been worked out, which have shown that we are overstepping the year 2019,” he said. In his words, the work is under way now and everything will be done. “The ...
04/17/2019Unibank presented special loans designed for tourism industry at Rest-Hotel Expo 2018
... offers also business loans without collateral to small businesses with a simplified procedure of receiving the loan, as there is no need of additional costs for notarization of documents and insurance of collateral. Favorable conditions, flexible payment calendar of the loans and the possibility of early repayment without any limits increase the level of availability of loans for the majority of enterprises, according to the bank. The procedure of application processing for non-collateral loans is automated ...
06/04/2018Fitch revises city of Yerevan’s outlook to positive on sovereign rating action
... action on Yerevan as it is rated at the same level as the sovereign and its IDR is constrained by the sovereign ratings. The next scheduled review date for the City of Yerevan will be decided in December 2017 when Fitch publishes its LRG rating review calendar for 2018 . The revision of the Outlook on the city reflects the following key rating drivers and their relative weights: Yerevan's ratings are constrained by the sovereign ratings. Fitch believes that the city will keep posting a satisfactory ...
12/25/2017Delivery of Russian gas to Armenia resumed
Shipment of Russian natural gas to Armenia through Georgia that was halted from August 3 for 30 calendar days because of construction work on the major pipeline pumping gas from Russia to the South Caucasus, was resumed on September 2, Armenia’s national gas distribution company Gazprom Armenia said today. YEREVAN, September 4. /ARKA/. Shipment ...
09/04/2017Gas delivery to Armenia will be halted for one month
Shipment of Russian natural gas to Armenia through Georgia will be halted from August 3 for 30 calendar days because of construction work on the major pipeline pumping gas from Russia to the South Caucasus, Armenia’s national gas distribution company Gazprom Armenia said today. YEREVAN, August 2. /ARKA/. Shipment of Russian natural gas to ...
08/02/2017Armenian president congratulates Iranian leaders on Nowruz
... of Iran Hassan Rouhani and the Supreme Leader Sayyid Ali Khamenei on the holiday of spring awakening Nowruz, the Armenian president’s press office reported on Monday. In his message, Sargsyan wished that “for Iran the new according to the solar calendar year 1396 becomes a year of further development, new success, and achievements”. He said that in the past twenty-five years, the Armenian-Iranian friendly relations have been on the rise, encompassing a large pallet ranging from the high-level ...
03/20/2017Types of activities exempted from taxes in Armenia
... these activities, as well as the conditions under which the tax benefits are effective. Who can take advantage of the benefits? All those self-employed persons, whose earnings from all kinds of activities did not exceed 9 million drams in the previous calendar year. Benefits are provided to those who are not a party to a contract on joint activity (with the exception of agricultural production) and to those whose activity is carried out exclusively at one workplace (except when the occupation does ...
01/20/2017Armenians to have extended Easter holidays
... when Armenians remember their deceased relatives by visiting their graves. It comes after Easter. Instead April 2, which is Saturday, will be a working day. Chief of government staff David Harutyunyan said the government has developed changes to the calendar of holidays. According to him, the government wants to provide citizens with two long weekends a year- i.e. with four non-working days in a row. He reminded that the Armenian Church marks five festivals of the Lord, which are followed by the ...
03/17/2016Mobile banking to attract new clients
... bills, transfer money, convert currencies, make payments on administrative acts and to see their deposits and loans as well as schemes of repayment of their loans. Besides, ArexiMobile allows synchronizing their loan repayment schedules with a mobile calendar. The app users can also receive notes on loan payment days. The application has an extra option which makes it possible to identify location of the nearest branch of Areximbank, ATM or trade center with its Pos Terminal. Both resident and nonresident ...
09/25/2015German GDP increased by 0.4% in Q2
... August 25. /ARKA/. The data released by the Destatis in Germany showed the economy continued to improve in the second quarter despite the Greek crisis, FXStreet reported. The gross domestic product (GDP) increased by 0.4% (after price, seasonal and calendar adjustment) in the second quarter of 2015 compared with the first quarter. Moderate growth of 0.3% had been observed at the beginning of the year. A quarter-on-quarter comparison positive contributions mainly came from the balance of exports ...
08/25/2015Areximbank-Gazprombank Group introduces new free mobile app
... transfers, exchange currencies, pay against administrative acts, as well as review their deposit and loan statuses, loan repayment schedules and previous transactions. Apart from this, ArexiMobile allows synchronizing loan repayment schedule with the mobile calendar and get regular notifications on the repayment days on a mobile or a tablet. An additional option of ArexiMobile enables users promptly finding the nearest Areximbank branch office, ATM or Pos-Terminal. The option can be used both by resident ...
08/05/2015VTB Bank (Armenia) refunds part of interest to faithful customers
... entire loan period (minimum 6 months) at VTB Bank (Armenia), the customers, after the full repayment of the debt, automatically get back 10% of the amount paid as interest," the bank said. The number of past due payments days should not exceed 7 calendar days for the entire term of the loan. In recent months the bank has already paid more than 2 million drams to such borrowers. Borrowers can connect to the service free when signing installment credit contracts in over 300 retail outlets cooperating ...
07/31/2015Plan of actions to develop energy system will be the first step in financial recovery of system, prime minister says
In an opening speech at Economic Calendar -2015 forum today in Yerevan Armenian prime minister Hovik Abrahamyan said a plan of actions designed by the government in concert with World Bank and USAID experts for strategic development of the energy system for 2016-2036 will be a step in ...
06/30/2015Armenia and Iran agree to boost cooperation -newspaper
... and inaugurate the Meghri hydroelectric dam, which is currently under construction on the Arax River on the Armenia–Iran border, by late 2015 or early 2016. Armenia was the 28th biggest importer of Iranian non-oil goods in the previous Iranian calendar year, which ended on March 20, 2014, according to the Iran Customs Administration. Iran exported $105.6 million of non-oil goods to Armenia and imported $28.9 million of non-oil goods from the country from March 2013 to March 2014. -0-
12/18/2014Premier proposes one-per-year-limit for tax inspections at business entities in Armenia
... on measures to ensure favorable conditions that encourage local companies and reduce interference with businesses, he said. The premier instructed the respective government agencies to limit down the number of tax inspections in a company to one per calendar year. –0--
11/27/2014Armenia to receive duty-free gas, petroleum products and rough diamonds from Russia
... these goods from Russia to Armenia before the latter joins the Eurasian Economic Union. The agreement prohibits re-export of these goods to a third country. Under the agreement, the volume and range of these goods’ consumption in Armenia for the next calendar year is determined by competent authorities of the parties. As for delivery of uncut diamonds, the amount is determined by agreements between businesses of the two countries. -0-
06/30/2014Armenia’s president congratulates Assyrian community on Ha b-Nisan
Armenia’s president Serzh Sargsyan congratulated the Assyrian community on Ha b-Nisan holiday (Assyrian New Year, according to the ancient calendar). YEREVAN, April 1. /ARKA/. Armenia’s president Serzh Sargsyan congratulated the Assyrian community on Ha b-Nisan holiday (Assyrian New Year, according to the ancient calendar). “I have no doubts the centuries’ neighborhood,...
04/01/2014Russia will set quotas for duty-free exports of gas and oil products to Armenia –minister
... will set quotas for duty-free exports of gas and oil products to Armenia, Armenian energy and natural resources minister Armen Movsisyan said at parliamentary hearings on Tuesday. According to him, the quotas will be decided before the start of each calendar year. He said as for rough diamonds the quotas will be replaced by contracts with Armenian diamond cutting companies. Presenting an agreement on cooperation between Armenian and Russian governments in the field of exports of gas, oil and rough ...
12/17/2013Armenian citizens to have four days off
... of the five great feasts of the Armenian Apostolic Church - the Transfiguration of the Lord. According to the tradition, St. Gregory the Illuminator ruled that the feast of the Transfiguration of the Lord be marked on the first day of the Armenian calendar, which was August 11. That day was celebrated as a pagan holiday, and some of its elements slipped into the celebration of the Transfiguration of Our Lord. For example, on this day people pour water on each other, release doves, etc., but ...
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