Thursday, 20 June
Economy

News ARF MP Minasyan: ‘Nothing worse than economic uncertainty’

15:42 | June 19, 2013
Addressing the parliament today regarding a draft bill on changes to the law on minimum monthly wages, ARF MP Artzvik Minasyan said that six months ago his party had proposed an initiative that would have led to a formula where any citizen would have been able to estimate their salary in the coming year.

News Ashot Sukiasyan: ‘I wrote names of Prime Minister and Archbishop on off-shore document’

23:55 | June 18, 2013
Ashot Sukiasyan, who only yesterday was slapped with a number of counts of fraud and money laundering, has emailed Hetq a copy of a letter he sent to Prosecutor General Aghvan Hovsepyan confessing that it was he who added the names of Prime Minister Tigran Sargsyan and Archbishop Navasard Kjoyan to a registry document of an off-shore company called Wlispera Holdings Limited.

Articles Mini Hydro Plants Turning Yeghegis Into Dead River

16:29 | June 18, 2013
Gone are the trout...victims to six mini-hydro electric plants built up and down the river and its tributaries.

News MP Pashinyan Refers to Press Reports Linking Prime Minister to Off-Shore Company

15:32 | June 11, 2013
Davi Sargsyan quickly retorted that such allegations were falsehoods and that the prime minister had applied to the General Prosecutor’s Office, requesting that it investigate how his name appeared on the Cyprus registry document of a certain company.

News MP Bagratyan: “Let’s not froth at the mouth in the expectation that we will attract foreign teachers"

12:48 | June 11, 2013
The $550 million project, of which a mere $20 million has been invested to date, is planned to house 600 students at a school the government claims would be operated to international standards.

News Syunik Villages Sustain Hail Damage

11:46 | June 11, 2013
On June 10, fruit trees and other crops in several communities in the southern Armenian province of Syunik sustained hail damage.

News Armenian Parliament Votes Down MP Bagratyan's Offshore Mining Bill

12:50 | June 10, 2013
Earlier today, the RA National Assembly voted down a bill introduced by HAK MP Hrand Bagratyan seeking to regulate the operations of offshore companies in Armenia’s mining sector.

News The Wall Street Connection

21:23 | June 9, 2013
When reporters followed the money, the path was clear -- a Moldovan ghost company was used to transfer funds stolen from the Russian tax authority to an international real estate company named Prevezon.

Articles Shorzha Shuffle? Mayor's Company Gets 29 Million AMD Local Construction Contract

14:09 | June 8, 2013
In the Armenian town of Shorzha, on the far side of Lake Sevan, a company owned by the local mayor won a 29.240 million AMD work contract for a construction project in Shorzha itself.

News Hrazdan Mall Vendors Protest; “We want our merchandise, we want to work”

14:14 | June 7, 2013
Irate vendors from the Hrazdan mall gathered today outside the Government Building in Yerevan to protest the fact that they have been forced to move from their former place of business and are banned from setting up shop elsewhere.

News Monthly Minimum Wage to Increase by 28.5%

16:37 | June 6, 2013
The Armenian government today decided to raise the minimum monthly wage to 45,000 AMD ($110) from the current 35,000.

News Profitable Patronage: Many Government Contracts Go to Brother of Aragatzotn Provincial Governor

15:26 | June 6, 2013
To say that nepotism is widespread in Aragatzotn is an understatement, but take the case of Nairi Sahakyan, brother of provincial Governor Sargis Sahakyan.

News ARF Calls For Nairit Rubber Plant Ad-Hoc Investigative Committee

14:08 | June 4, 2013
The ARF faction in parliament today introduced a motion calling for the creation of ad-hoc committee that would look into the operations, loan obligations and privatization of the Nairit Rubber Plant in Yerevan

News PM Sargsyan Requests Aid of Prosecutor General in Off-Shore Financial Flap

11:47 | June 3, 2013
PM Sargsyan has refuted any connection to the company and had promised that he would take the matter to the Prosecutor’s Office for clarification.

News RA Prime Minister Sargsyan In Minsk for CIS meeting

13:51 | May 31, 2013
In Minsk today, Belarus President Alexander Lukashenko welcomed Prime Minister Tigran Sargsyan and an Armenian government delegation attending a scheduled meeting of the CIS Council of Heads of Government.

News Activist: 'No citizen should have to pay more for gas than he or she receives as a pension'

13:56 | May 30, 2013
“From the day the issue was raised, various level bureaucrats came out as defenders of the interests of HayGazRusArd,” said the activist and musician

News Villagers Welcome Government Seed Allocation but ReallyWant Loan Freeze

12:21 | May 30, 2013
In lieu of compensation for the widespread May 12 hailstorm damage to local farmers, the RA Ministry of Agriculture has allocated 87 million AMD worth of seeds to the Armavir Provincial Administration.

News Ashot Sukiasyan Responds: 'Hetq article doesn't correspond to reality'

11:15 | May 30, 2013
What bothers me is the fact that Paylak Hayrapetyan is using Hetq to discredit such honorable individuals who have nothing to do with this transaction

News Prime Minister Sargsyan Ready to Go to Prosecutor General over Hetq Exposé

19:03 | May 29, 2013
Below is the email Hetq just received from Harout Berberyan, Press Secretary of Prime Minister Tigran Sargsyan, regarding today’s Hetq article entitled “Cyprus Troika: Who “Stripped” Businessman Paylak Hayrapetyan of His Assets?”

Investigation  Cyprus Troika: Who 'Stripped' Businessman Paylak Hayrapetyan of His Assets?

16:30 | May 29, 2013
The murky dealings of WLISPERA HOLDINGS LIMITED, an offshore company registered in Cyprus, reveals how elements of Armenia’s powerful state, church and business sectors have been able to operate in tandem in the pursuit of their own economic interests.

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