The remaining amount after tax is 75,600 drams. The compulsory pension fund payment that is 5 per cent is not calculated on this amount but on the gross salary, i.e. 100,000 drams. In this case it is not 5 per cent but 6,6 per cent of the net salary.

“I do not think the RPA will be ready to leave the power till the next national elections. Do they have the potential to understand that they have to change or we will lose our state or the historical opportunity of state building? Or, if they do not understand this, there will be greater emigration from the country,” says Artur Martirosyan of Boston, a negotiation expert, senior advisor to CM&Partners company.

Today we were informed that the EU 13 countries have worked out an action plan for continuing cooperation with countries of the Eastern Partnership project. In Armenia this project is called “European Package.”

In Armenia we notice a shocking phenomenon. The government calls all of its actions, even the most negative with a lofty goal – “We are doing it for the people.” It means they usually do it for the people, whose pockets are emptied for this goal.

With the approaching Centennial of the Armenian Genocide in 2015, Turkish leaders are coming under increasing pressure from the international community to face their country’s sordid past and acknowledge the Genocide. Significantly, public statements regarding the Armenian Genocide were made in the last few days by heads of three European states: France, Germany, and the Czech Republic.

In Armenia so far only 40 people have undergone regenerative plastic surgery, as announced by Gagik Stamboultsyan, director of Avan Guard medical center. Plastic regenerative surgeries allow correction of body defects through transplanting fat from the same body. Such surgeries help to make hands, neck and face younger, correct scars, as well as make breasts and other parts of the body bigger.

“I am sure than even when the Minsk Group co-chairs speak about the stability in the region then nonetheless warn Azerbaijan not to cross the red line/light,” told our reporter Davit Babayan when speaking about the resent development in the region. Davit Babayan even adverted to Russia’s statement about the recent incident on the frontline in Karabakh.

While the society and political powers are waiting till the decree of the Constitutional Court on the government-proposed pension fund law on March 28, the Central Bank has come up with an announcement which demolished all expectations of the society from the Constitutional Court.

The summarized indexes of the year are not ready yet but according to the National Statistics Service in January-September DFI in Armenia reduced by 62,1% (about three times) and amounted to 409,6 million. So we should sadly record that in 2013 the picture is dire. Under these circumstances we have two options.

Last year the Global Financial Integrity organization published a report entitled “Illegal financial outflow from developing countries 2002-2011,” which caused a lot of discussion among the Armenian government.