Armenak Darbinyan said that the CBA’s policy seeks to encourage, support and help the banks to attract more resources from international markets. In addition, the Central Bank’s financial education and consumer advocacy department is trying to assist consumers to better orientate among the different credit products, through the abcfinance.am website. “Information about the credit is provided, format of working with the banks is simplified in order for the clients not only to look at the percentage of the loan, but also to choose between different banks, products, be able to plan their budgets, calculate costs and benefits, to avoid facing problems in the future,” the official added.
Azerbaijan, being under some pressure from the West, now attempts to overcome the isolation through Iran. Chair of YSU Political Institutions and Processes, political scientist Garik Keryan expressed such an opinion in an interview with “Armenpress”, referring to Aliyev’s visit to Iran.
Conservatives and Reformers are competing for 290 seats in Iran’s parliamentary elections which will take place on 26 February. Overall, more than 12 thousand citizens had submitted their candidacy, but eventually only 6 thousand 200 candidacies were approved, out of which 586 are women. As noted by expert of Iranian studies Gohar Iskandaryan at a news conference in the press hall of “Armenpress”, a heated competition is expected among Armenian candidates as well. In the beginning 9 candidates were competing over 2 seats which were foreseen for Armenian candidates, but eventually one of them withdrew.
Presidents of the United States and Russia – Vladimir Putin and Barack Obama – have reached an agreement on the cessation of hostilities in Syria, which is due to come into force at midnight on February 27 after all the parties to the conflict will sign up to it, Putin said in a statement placed on the Kremlin website, “Armenpress” reports, citing “TASS”.
He also took the oath of the Ombudsman from the tribune of the National Assembly.”By assuming the post of the Ombudsman, I hereby swear to be faithful to the Constitution of the Republic of Armenia and it’s laws, the principles of social coexistence and justice and to protect human rights and freedoms. I swear to fulfill my duties unbiased, honestly and diligently. “
Not steps by EU are necessary to weaken dependency from Russia, but my and your readiness to see more independent Armenia. If you want to speak of stronger positions on diplomatic platforms, it’s necessary to put up unsparing and real struggle in Armenia against corruption and injustice, as well as successfully implement amendments tended to raising public administration efficiency, rooting democracy and human rights and freedoms protection.
The Ministry of Foreign Affairs of the Republic of Armenia welcomes the agreement reached between US and Russia on cessation of military actions in Syria.
All conflicting sides of the Syrian war continue perpetrating war crimes by blockading cities and wide-spread bombing, as well as by creating obstacles for humanitarian aid. “Armenpress” reports, the new report of the Commission of Inquiry on Syria, a body mandated by the UN Human Rights Commission, makes such conclusions.
Minister of Finance of the Republic of Armenia Gagik Khachatryan and World Bank’s Regional Director for the South Caucasus Mercy Tembon signed a loan agreement on February 23. As “Armenpress” was informed from the press service of the Ministry of Finance, the WB will provide Armenia with 55 million USD loan with 25 years maturity date 14.5 of which is a grace period.
At present, if a part of plant’s property is transferred to Nairit-2 for the debt, and is alienated, Nairit Plant will face serious issues. Currently Plant’s main property is venues and facilities, as sale of worn-out equipment isn’t going to provide sufficient amount.
