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Anti-Crisis group justifies its "mistakes" with intention to avoid bloodshed

Armenian police detaining all citizens passing by Khorenatsi Street near the seized building, foreign citizens among them

National Security Service of Armenia addresses members of Daredevils of Sasoun: The possibility still exists but the time is running out

Yenigomshyan believes in success of oppositionist movement

Representatives of Armenian Ombudsman's office visit Police department in Shengavit district and meet activist Levon Barseghyan

National Assembly of Armenia has not discussed demand to meet with delegation of parliamentarians laid down by "Daredevils of Sasoun"

US Embassy to Armenia calls for immediate release of medical personnel from seized building

"Daredevils of Sasoun" group presented details of last night's firefight: there was sabotage by Police

Yenigomshyan: Doctors are not hostages they are guarantee for satisfying conditions, laid down by Daredevils of Sasoun

Armenian Healthcare Ministry considers impossible fulfillment of armed group's demand on exchange of medical workers who were taken hostages

Yenigomshyan rings alarm: Levon Barseghyan missing since early morning

Economy Ministry of Armenia sees no reasons why Single European Sky is still close for Armenia

"Daredevils of Sasoun" provide details of overnight skirmish: Police resorted to sabotage

James Warlick: Yerevan and Baku agree to expand OSCE monitoring group in Karabakh conflict zone

Medical community of Armenia condemns "Daredevils of Sasoun" for taking 4 medical workers hostage

Police ban citizens from gathering in territory adjacent to seized Police Patrol Service Regiment building in Yerevan

Forecast: No prospects for NATO's expansion into South Caucasus

Armenian human rights defender verifying reports on mass detention of citizens

Armenian human rights defender verifying reports on mass detention of citizens

Two wounded members of armed group "Daredevils of Sasoun" sent to prison hospital

U.S. Embassy in Armenia once again issues a security message for U.S. citizens in Armenia urging them to avoid daily demonstrations

Azerbaijan's drones circling above Karabakh-Azerbaijani Line of Contact

Lives of wounded members of "Daredevils of Sasoun" Pavel Manukyan and his son in danger after past night's skirmish

Police reinforce its positions at Khoreatsi Street

Policemen's actions against Daredevils of Sasoun escalate situation even more

Armenian NSS warns that it has to take stricter actions for preventing new crimes by Daredevils of Sasoun

VTB Bank (Armenia) resumes service of transfers from card to card via Visa Direct system

Ombudsman presented his position and proposals related to events in Erebuni

View from Berlin: Establishment of Turkish bases in Azerbaijan testifies to Turkey's independent geopolitical game in Eurasia

Armenia's Police urge demonstrators to find another place to hold protests

German political analyst says Western forces may be behind orange revolutions and coup attempts in post- Soviet countries

Forecast: Eradication of ISIL and other organizations in Afghanistan, Iraq and Libya will result in spillover of war to Southern Europe, France and Germany

German political analyst: New gold war emerged, as Russia refused to accept Western model of development

Armenian Police: "Daredevils of Sasoun" have been provided with food

Alliance Party officially joins people's movement in support of "Daredevils of Sasoun" and their demands to Armenia's leadership

"Daredevils of Sasoun" group disclaims Police reports: Skirmish occurred in area of seized building not on neutral territory

Deputy Minister of Economy does not specify final date of Armenia-EU new framework agreement

Tigran Balayan: Armenia's leadership has repeatedly commented on normalization of relations with Turkey

Wounded members of "Daredevils of Sasoun" undergo surgery

Armenian Police make statement on past night's skirmish

Armenian Police: Armed group that seized Police Patrol Service Regiment has burnt three police cars in territory of seized building

Two members of armed group "Daredevils of Sasoun" wounded overnight and taken to hospital

Rebels burn two police cars on territory of seized building

Newspaper: Zhirayr Sefilyan does not refuse from the demand of Serzh Sargsyan's resignation

Oppositionists at Khorenatsi Street demand from Armenian authorities to refute information that armed groups from Chechen Republic are arrivING in the country

In H1, Anelik Bank registered growth of incoming money transfers by 26% y-o-y amid growth of outgoing transfers by 41% y-o-y

Charges pressed against three citizens for using violence against policemen in Yerevan

Founding Parliament: Helicopters of the 102nd Russian military base are on the way to Yerevan

National Security Service of Armenia reports new detentions and exposure of criminal group tied with "Daredevils of Sasoun"

Charges pressed against six citizens, another six citizens detained related to mass disorders in Yerevan

Regional

Hearings on raising electric power tariffs to be held in the Armenian parliament

  • by Tatevik Shahunyan

  • Friday, June 13, 21:26

 The fact that electric power tariffs have grown for three times in Armenia since 2009, means that the economy of the republic is unpredictable. This frightens investors to make long-term investments in the Armenian economy, secretary of the ARFD parliamentary faction, Aghvan Vardanyan, said during today's briefing in the parliament.  

He also added that there is no guarantee that the electric power tariffs will not grow in the near future. "It is bad that we do not even know, why the Electrical Networks of Armenia has been working with loss. Does the loss have partial or impartial reasons, or is a result of non-effective management? The authorities of Armenia have always said the energy system of the republic is one of the best ones", - he said. 

For his part, a member of the parliament from the Prosperous Armenia Party faction, Mikael Melkumyan, said raising of the electric power tariffs is a way of replenishment of the budgetary funds. "The financial "gap" in the budget of the CJSC "Armenian Electric Networks" amounted to  20 billion AMD. After raising of the electrical power tariffs, this sum will be restored. But will the tariffs be reduced after that? Certainly, they will not. And the funds will go to the state budget", - he said.

Secretary of the PAP parliamentary faction, Naira Zohrabyan, said the explanation of the authorized structures about the necessity of the electric power tariffs raising did not assure the party which will fight such a decision. 

To note, starting 1 August, electric power tariffs will grow by  3,8-4,3 AMD for 1 Kwt/h (VAT including). At present the electric power tariff is 30 AMD/1 kWT/h.

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