According to some rumors, Armenia will have 10-12 banks by the end of the year. Moreover, it can’t be stated for sure, that small banks will refrain from the market. What is more, decisions on banks’ refraining may be partially considered on political dimension.
In order to implement the Constitutional reforms, as well as the main aspects of the President’s speech of February 12, the ruling majority considers cooperation unavoidable. Speaking to journalists at the National Assembly in reference to the RPA-ARF agreement, head of the RPA faction Vahram Baghdasaryan said that the parliamentary system of governance also requires cooperation with other political forces.
The Armenian-Iranian sides have deviated from the action plan provided for by “Meghri” HPP construction project and now they are revising the technical-economic component of the project. Deputy Minister of Energy and Natural Resources of Armenia Areg Galstyan told about this during a round-table discussion themed “The Eurasian path of Transcaucasia: integration for development”. In his words, conditioned by the diminishing water resources of Armenia, Iran and Armenia have to revise the “Meghri” HPP project.
Minister of Foreign Affairs of the Republic of Armenia Edward Nalbandian participated in the UNDP 50th Anniversary Ministerial Meeting. As informed from the Department of Press, Information and Public relations of the MFA, Edward Nalbandian gave a speech at the meeting.
It is not news that Turkey states that Armenia needs to return the occupied territories to Azerbaijan. This is clear and is part of the Madrid Principles. Turkey wants a solution to Karabakh issue because the conflict not only represents a huge security threat for the region, but it also hobbles development and prosperity of the South Caucasus region. The question of Ankara, being part of the peace-negotiations, is not on the table, because it is clearly something that Armenia would not accept.
The issue of the animals of Gyumri private zoo has found a final solution. It is already clear where the bears and lions will travel.
“NATO Defence Ministers took a swift decision two weeks ago to respond to the proposals by Germany, Greece and Turkey. Since then, intense work has been underway.
There is no official government estimate on how many refugees Europe’s biggest economy expects over the next years, as numbers are highly volatile. But the unprecedented arrival of 1.1 million asylum seekers last year, included in the 3.6 million forecast, stretched public resources thin and put strains on German Chancellor Angela Merkel’s government.
At the same time, the newly appointed minister did not answer the question as to why the ARF chose the governor’s positions of Aragatsotn and Shirak rather than, for example Syunik. Talking about future activities, Lokyan said that as a result of joint efforts it will be possible to overcome the difficulties which have risen in the country. Within the framework of the RPA-ARF political agreement, the ARF was allocated with three ministerial portfolios.
The newly appointed Minister of Economy Artsvik Minasyan asked to give him time in order the results of his activities become visible. Being asked by reporters before the Cabinet meeting what revolutionary changes will be made in the economy of Armenia, Minasyan said: “Give me time in order to get acquainted with the projects and works that were carried out and our proposals will be announced, based on the agreement and the basic approach of the president’s speech. I ask you to support us in our activities.
