Overdue loans of Armenia’s banking system continued to grow in April 2016 and reached a risky index—AMD 46 billion 379 million. Upon RA National Statistical data, as compared to March, volume of overdue loans grew by AMD 892 million or 2%, and as compared to January—by about AMD 6.5 billion or 16.2%.
Sergey Minasyan, Deputy Director of Caucasus Institute, stated that he doesn’t observe a particular liaison between the visit of Ilham Aliyev paid to Germany and statements made recently. According to him, they are mostly linked to the results of Vienna meeting.
Alina Romanowski, Coordinator for U.S. Assistance to Europe and Eurasia, during the hearings introduced the four main directions of economic assistance in the territory of Eurasia. In particular, they include strengthening of countries’ independence and sovereignty, helping countries to defend from external pressure, fight against corruption and provision of rule of law, strengthening of democracy and protection of freedom of speech, as well as maintenance of peace.
“Firstly, one should anticipate sharpening of situation on the contact line. It’s a good tradition of Ilham Aliyev to shell villages of Armenia and Nagorno-Karabakh prior to any meeting or summit linked to Karabakh-Azerbaijan conflict, launching unmanned aerial vehicles, attempt to anger the negotiating parties and mediators. I don’t have any expectation of a breakthrough outcome.”
We should do everything. I’m not saying there is no need for the time being, that need is always available, 24 hours a day. However, we have President, National Assembly, Prime Minister and they are all able to raise the issues in political instances and protect. If needed and the Catholicos interferes we will surely bring our participation as well.
