News
19.12.2014
PM Welcomes German KfW Bank First Vice President Eva Witt
Prime Minister Hovik Abrahamyan received a delegation led by German KfW Bank First Vice President Eva Witt. The interlocutors praised the fruitful cooperation between the Bank and the Government of Armenia in the fields of energy, water management, private sector financing and agriculture. The Prime Minister attached particular importance to the construction of a power transmission line between Armenia and Georgia and the reconstruction of the Kaps reservoir, which will help... more →
19.12.2014
Galust Sahakyan Receives the Vice President of the European Parliament Riszard Czarnecki
On December 19 the RA NA President Galust Sahakyan the delegation headed by the Vice President of the European Parliament (EP) Riszard Czarnecki in the parliament. Welcoming the guest Galust Sahakyan has noted that the European Union has been and continues to remain one of the important counterparts of Armenia. The cooperation of Armenia with the EU is, first of all, based on the common system of values, and Armenia is resolute for continuously deepening and extending the relations... more →
19.12.2014
RA NA Deputy Speaker Hermine Naghdalyan was awarded the Friendship order
By the decree of the President of the Russian Federation Vladimir Putin the RA NA Deputy Speaker Hermine Naghdalyan, the NA deputy Volodya Badalyan were awarded the Friendship order for friendship and cooperation, and strengthening of the inter-parliamentary and cultural relations with the Russian Federation. more →
18.12.2014
Prime Minister: “Government not to tolerate unjustified price hike”
A Cabinet sitting was held today, chaired by Prime Minister Hovik Abrahamyan. Opening the meeting, the Prime Minister referred to the financial market situation. “ I would like to inform you that yesterday I had a meeting with the representatives of the International Monetary Fund and the World Bank, as well as the relevant agencies and companies. Our international partners are fully supportive of our effort to stabilize the financial market following sharp fluctuations... more →
17.12.2014
Mayor Taron Margaryan had a meeting with the leadership of “Yerevan Jur” company
The issues related to water supply in the capital were discussed during the meeting of Yerevan Mayor Taron Margaryan with the chairman of board of directors of «Yerevan Jur» company Rostislav Chap. Pointing out the importance of the quality of water supply the Mayor of Yerevan said that the work carried out in this direction must be continued so that uninterrupted water supply can be provided for the residents. "As a result of our joint efforts made in the recent... more →
17.12.2014
Government Discusses Financial Market Stability Issues
Prime Minister Hovik Abrahamyan chaired a consultation on financial market situation, attended by World Bank, International Monetary Fund representatives and the heads of stakeholder departments. The meeting discussed the recent financial market developments and possible countermeasures. The importance of a floating exchange rate policy was emphasized to prevent the possibility of long-term instability in the economy. At the same time, it was considered important to stabilize the... more →