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Armenian oppositionist Levon Ter-Petrosyan meets with European MPs

staff — Wed, 02 Nov 2011 21:16:47 +0000

Leader of the opposition bloc Armenian National Congress (HAK) Levon Ter-Petrosyan has met with a delegation of European MPs.

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Luxury taxes: Armenian government vows increasing tax burden on rich

staff — Wed, 02 Nov 2011 16:27:19 +0000

Prime Minister of Armenia Tigran Sargsyan on Tuesday presented steps to the National Assembly, planned by the government and directed at collecting additional 101 billion drams (about $268 million) in State Budget 2012. According to those steps, the additional funds of the State Budget will mainly be collected through those who have large incomes and through increasing the taxation burden of expensive alcoholic beverages and vehicles

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Russian capital ‘feels comfortable’ in Armenia

staff — Mon, 24 Oct 2011 21:45:46 +0000

le="text-align: justify;"> Russian investments in Armenia are reaching US $3bn, Russian President Dmitri Medvedev stated at a news conference held jointly with his Armenian counterpart Serzh Sargsyan. It is not the limit, he added.

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Economist says possible second wave of world recession may hit Armenia harder

staff — Thu, 20 Oct 2011 17:12:35 +0000

Economist Grigor Hayrapetyan believes that the second wave of the global financial crisis may have a much worse effect on the economy of Armenia than the first one several years ago when the country’s robust GDP growth abruptly ended and a steep decline was registered. Economists say the second wave of recession will be deeper for the entire world as at present the world economy is much weaker than during the latest downturn in 2008

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WB report says Armenia improving

staff — Thu, 20 Oct 2011 17:12:26 +0000

The business environment in Armenia has been improved over the past year, according to the World Bank (WB) ‘Doing Business’ annual report released on Thursday. As compared to 2011, Armenia has bettered its position in the world ranking by six points, appearing in the 55th place instead of the previous 61st.

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Corruption: Armenia should step up implementation of anti-corruption policies and laws

staff — Thu, 20 Oct 2011 15:51:00 +0000

Armenia should step up its fight against corruption by ensuring an effective enforcement of laws and giving institutions the resources they need to tackle it, according to a new report by the Istanbul Anti-Corruption Action Plan (IAP). Armenia’s leaders have recently taken steps to improve their country’s anti-corruption policies, legislation and institutions

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Book Sale in Support of Armenian Opposition Paper Continues with Only Minor Police Interference

staff — Fri, 14 Oct 2011 12:32:07 +0000

A charity book sale was organized 4 pm on Monday in Yerevan’s Liberty Square by writers Arpi Voskanyan and Hambardzum Hambardzumyan to support local daily Haykakan Jamanak (“Armenian Times”), which was mandated by the courts earlier this year to pay 2 million 44 thousand drams ($5,444 USD) each to three notorious businessmen MPs Samvel Aleksanyan, Ruben Hayrapetyan and Levon Sargsyan as compensation for publishing material that discredited their honor, dignity and business reputation.

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Der-Boghossian Declares He’s Innocent of Molestation Charges

staff — Fri, 14 Oct 2011 11:38:00 +0000

At yesterday’s trial session in the ongoing court case of American-Armenian businessman Serop Der-Boghossian, indicted on charges of pressuring young boys to engage in sexual acts, expressed remorse but denied that he was guilty of the charges brought by the prosecution. Prosecutor Aram Amirzadyan told reporters after the trial that he had questioned Der-Boghossian about his personal relations with women.

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VivaCell-MTS: Digital future is the challenge of the world today

staff — Wed, 05 Oct 2011 17:55:34 +0000

VivaCell-MTS, a subsidiary of “Mobile TeleSystems” OJSC, is the Platinum Sponsor of the annual DigiTec Expo, which will take place on October 7-9.

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Armenian prime minister meets with Millennium Challenge Corporation (MCC) official

staff — Tue, 04 Oct 2011 18:03:18 +0000

le="text-align: justify;"> Armenian Prime Minister Tigran Sargsyan held a meeting Oct.

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