Armenian authorities do not carry out a key proposition of the RA Constitution. The Republic of Armenia is a social country but today's tax policy doesn't contribute to the establishment of a social country.

The electronic auction of the assets and premises of Bjni mineral water plant has just ended. Someone has just made a bid for the plant owned by the Sukiasyans. The unknown buyer has offered 4 441 500 000 drams.

The electronic auction of Bjni mineral water plant owned by the Sukiasian family ends on February 16. So far the auction has be cancelled because of the lack of buyers. If they find no buyer, the company will again be put up for auction.

“Provided that the government carries out a right policy with the Central Bank we shall be able to surmount the economic crisis with fewer losses,” says ex-Minister of Finance and Economy Edward Sandoyan.

“Unemployment is more aimed at women in Armenia,” told “A1” during an interview today Head of the “State Employment Agency” Sona Harutyunyan and explained that there are less men registered for employment.

“There are people who wrongly believe that if Russia has given Armenia a loan of 500 million rubbles it means Armenia will join the zone of rubble. I can assure you that they are deluded. This is a myth or a flight of imagination,” Minister of Economy Nerses Yeritsyan said today after a meeting with the students of Yerevan State University.

“The RA Prime Minister’s announcements made on “Mir” interstate television introducing the common currency in the CIS refer to trading in rubles with CIS countries and not the ruble zone. They are different concepts and must not be misinterpreted,” told “A1+” RA Prime Minister’s press speaker Diana Mnatsakanyan touching upon the issue of whether the Prime Minister’s statements are not directly tied to the rumors that Armenia is moving...

“Our economy is currently disproportionate and the policies on imports and exports are inadequate,” says Deputy-Chair of the NA Committee for Finance-Credit and Budgetary Issues Artsvik Minasyan. “A1+” interviewed Mr. Minasyan today to discuss this and other economic issues.

The Gasparyans have recently lived on money sent by their sons working in Russia. It is 3-4 months the boys have been unable to help their family for they haven’t been paid for months.

For some unknown reason, the Euro exchange rate goes down, while the dollar remains the same during this global economic meltdown.

Another compulsory on-line auction of the rights and rights to assets of the “Bjni” mineral water” company of the Sukiasyan family kicked off today at 1 p.m. The auction scheduled for January 23 was canceled due to lack of buyers.

Real estate prices have gone down from 10-20% in Armenia. Whereas one square meter in apartments on Komitas Street used to cost 1,500 dollars, now that price ranges from 1,200-1,300 dollars. Apartments are sold cheaper than the evaluated price, told “A1+” the “Bars” real estate assessment agency.

Over the past ten days no one has expressed a desire to buy the “Bjni” mineral water factory” CJSC put up for electronic auction by the Justice Ministry’s Service for the Mandatory Execution of Judicial Acts (SMEJA) on January 23, 2009.

The Armenian Justice Ministry’s Service for the Mandatory Execution of Judicial Acts (SMEJA) will resume the electronic auction of the Bjni mineral water plant owned by the Sukiasian family January 23.

Today the world is seeking ways to overcome the global financial crisis. Meantime the Armenian Government takes illogical steps doubling the tax burden. Armenia’s ex Prime Minister Hrant Bagratyan tried to give the answer to this question.

Bjni Company of mineral waters owned by the Sukiasyans will be put up for e-auction on January 23. On December 30 the Northern Court declared the case hearing of the factory’s bankruptcy closed. But the Company hasn’t received the court decision yet, Advocate Ara Zohrabyan informed A1+.

“The damaged section of the Georgian-Armenian pipeline has been repaired, and the supply of gas to Armenia will likely be restored by January 13,” Press Secretary of ArmRusGasArd Company Shushan Sardaryan said to A1+.

Former head of the Central Bank of Armenia Bagrat Asatryan doesn’t know what impact the shutdown of “Bjni” will have on Armenia and the consequences will be seen later. According to Bagrat Asatryan, with the shutdown of the factory, the administration declared that Armenia is a country where property rights are not protected.

The exchange rate of the dollar and euro has gone up at interchange stations.

The first market information system in Armenia, funded by Water to Market (WtM) Activity of the Millennium Challenge Account - Armenia, will be launched on December 17, 2008.

The statements made by the government according to which Armenia has a stable banking system and may attract foreign investors is simply an attempt to turn the wish into reality,” stated today head of “Armavia” airlines Mikael Baghdasarov.

The government approved the concept to create a free trade zone in the vicinity of “Zvartnots” airport. According to the concept, agriculture must develop through industrialization of agriculture and the production-reprocessing-market chain, which will provide the opportunity to increase profits for rural economies.

The city of Noyemberyan is known for the embroidery of Armenian carpet designs on pieces of small, white cloth.

The global economic crisis has considerably curtailed bargains at the automarket. Few cars have been sold at Armenian automarkets for the past few months which generally activates at weekends. Garik who imports cars to Armenia from Dubai complains of “downtime.”