Armenian President Serzh Sargsyan has come out with remarks dedicated to the Constitutional reform in the country, today on February 12. He said formation of a new political system is well under way in Armenia. The president is sure that the Constitutional reform will make the political system more open, flexible and coherent as well as will meet the social structure of the Armenian society.
Armenia needs such officials who use all their resources to implement programs and not those who excuse themselves for not conducting the work, Armenian President Serzh Sargsyan stated in his address to Armenian nation on February 12.
Lydian International Limited (100% owner of Geoteam CJSC) has announced that International Finance Corporation (IFC) has proposed to invest 40 million USD in the Amulsar construction financing arrangement.
Charges have been brought against two employees of the State Service for Food Safety who were arrested for an attempt of taking a bribe in exchange for a permission to sell expired food products on February 4.
Nvard Arakelyan, Spokesperson for the State Service for Food Safety, told ArmInfo that two employees of the State Service were arrested for an attempt of taking a bribe in exchange for a permission to sell expired food products.
As per the Russian government's order, dated 13.05.2015 No.877-r, the Deposit Insurance Agency (DIA) on July 30, 2015 acquired 3,073,905 million of VTB Type A preference shares with a par value of 0.1 rubles, the press office of VTB Bank (Armenia) told ArmInfo.
Remarks voiced in the Armenian Parliament said that the closure of ProCredit Bank will leave over 100 employees jobless. In response, INECOBANK - the new owner of ProCredit Bank - has come out with a statement: "One of the key prerequisites of the merge was the similarity of the two banks' corporate governance culture and the availability of professional teams. In fact, this can be considered the most important asset acquired by INECOBANK".
Azerbaijan's demands regarding the expansion of the OSCE Minsk Group format are destructive and have a negative impact on the Karabakh peace process, Armenia's Permanent Representative to the OSCE Arman Kirakosyan said on Feb 11, when addressing the OSCE Permanent Council, the press office of the Armenian Foreign Ministry has told ArmInfo.
OSCE Minsk Group co-chairs will submit proposals on the opportunities for reducing the risk of border clashes and for promoting the dialogue in the Karabakh-Azerbaijani contact line and on Armenian-Azerbaijani border, U.S. Co-Chair of the OSCE Minsk Group James Warlick said in an interview with Armenpress State News Agency also referring to the possible visit to the region and the organization of the possible meeting between the presidents of Armenia and Azerbaijan.
Beeline Armenia jointly with "Gates of Motherland" NGO sums up the results of "To Soldier From Grandma" project for the servicemen of the borderline military bases. As the press-service of the company informed ArmInfo, within the program which was launched in January 2016 soldiers of Koghbi military base received cloths and sweets, made by elderly women from Voskevan, Koti and Barekamavan.