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Political expert: Moscow has no part in collapse of Prosperous Armenia Party

Israeli publicist: On April 24, Israel's delegation will be in Yerevan, not in Ankara

Eduard Sharmazanov: Armenian opposition faces hard times

Vartan Oskanian: I stop my activities in PAP and perfectly realize my share of responsibility for Party's failure

In 2014 Beeline's investments in Armenia grew by $3 mln to $14 mln

Naira Zohrabyan: Prosperous Armenia Party to promptly restore its rating in political field

Aboyan City Mayor, Gagik Tsarukyan's Son-in-Law Severed from PAP; He Retained Mayor's Office

Naira Zohrabyan officially declares Prosperous Armenia Party as opposition

Expert: Law "On cinematography" to give a fresh impetus to development of Armenian film industry

Viva Cell-MTS offering AMD 90 per minute in roaming

Armen Martirosyan: Gagik Tsarukyan's decision to leave his post is not authorities' victory over opposition

Gagik Tsarukyan: I Have Nothing to Do with "Prosperous Armenia" Anyomore - That is My Own and Final Decision

Expert: On March 1, Levon Ter-Petrosyan threatened Moscow to yield Liberty Square to pro-Western forces

"Prosperous Armenia" Congress Finished Having Hardly Begun

Expert: New government may be formed in Armenia this year

Economic crisis in Russia did not spark outflow of Armenian labor migrants

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XII IFF "Golden Apricot" to Take Place in Yerevan on July 12-19

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USA Ambassador: Armenia and Azerbaijan Parties Should Refrain from Taking Actions that would Escalate the Tension of Karabakh Conflict Situation

Mass Media: Tigran Urikhanyan decides to step down as parliamentarian

Robert Kocharyan and Levon Ter-Petrosyan in a Foreign Policy Accomplishments Competition

Gagik Tsarukyan to step down as chairman of Prosperous Armenia Party and to renounce his deputy mandate

British Film Festival 13th Love Edition to be held in provinces of Armenia

Ex-foreign minister Vartan Oskanian and others to announce their withdrawal from Prosperous Armenia Party at tomorrow's PAP congress

Head of Heritage Faction: EPP resolution on Armenian Genocide is the result of victory over party interests

Kiro Manoyan: EPP resolution on Armenian Genocide unprecedented by its contents

First president of Armenia to receive life pension

Levon Zurabyan: Armenian special services spend resources on spying on oppositionists rather than on collecting data about Azerbaijan

Armenian Parliament amends Law on Turnover Tax in first reading

Edward Nalbandian: Armenia has submitted a Genocide Prevention Resolution to UN Human Rights Council

Russian Railways: Events in Ukraine have reduced flow of passengers using Russian Railways' services

Press: Naira Zohrabyan to head Prosperous Armenia Party

Russian Railways: Fluctuation of currency rate must not have any significant impact on railway tickets in CIS

The 15th meeting of CIS Council for Rail Transport (CRT) Passenger Commission kicks off in Yerevan

Media outlets: Prosperous Armenia Party collapsing

Mass Media: President of Armenia Serzh Sargsyan will submit draft constitutional reform in two weeks

World-Known Pianist Evgeny Kissin is to Perform in Yerevan

Beeline Smart - one of the Most Sold Phones in Armenia

Eurovision-2015: Mary-Jean O'Doherty Vasmatzian the Fifth Participant of "Genealogy"

Nairit Plant employees threaten to sit on hunger strike unless their salaries are paid

Armenian Culture Ministry elaborates a law "On Cinematography"

RF Prosecutor General: Valery Permyakov cannot be transferred to Armenia, as he is a citizen of Russia

Gagik Mkrtchyan: Our country not only can but also should develop industrial production

Access to ACBA-ONLINE system now possible through Token APP

Armenian soldier killed on Line of Contact

Beeline Opened a New Sales and Service Office in Sevan

Zhirayr Sefilyan does not want to comment on Levon Ter-Petrosyan's statements

Comrades-in-Arms of Albert Safaryan have been Detained Based on the Case of the Soldier's Suicide

Karine Danielyan: Oil and gas prospecting near Sevan will be devastating for the lake

Armenia's Defense Ministry responds to Stepan Demirtchyan Sport and Concert Complex's charges

  • by Karina Manukyan

  • Saturday, August 2, 11:18

Armenia's Defense Ministry has responded to the Stepan Demirtchyan Sport and Concert Complex's charges that it owes the complex some 60mln AMD for an event held in its territory.

The Ministry says that this figure is overstated: one-day rent in the complex is 1,713,508 AMD, the Ministry has paid it 29,951,561 AMD, including electricity, water and gas bills.  The Ministry adds that after its reconstruction the complex promised the government that within the next 10 years it will give its territory for free to as may as five events a year (with a total length of no more than 12 days).

"So, we are not responsible for the company's losses," the Ministry says.

Meanwhile, the Government keeps trying to sell the complex for 19.350bln AMD or $46.8mln. It has organized five electronic auctions since May 29 but has failed to sell the facility. Earlier the government said that the complex owed it 10.2bln AMD. 

The complex was built in 1983. Its total area is 46,335 sq m. It burned down in 1987 and was restored by BAMO from Russia.

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