Business & Economy: Assets Of Armenian Banks Exceed $4 Billion

ASSETS OF ARMENIAN BANKS EXCEED $4 BILLION

news.am
Sept 2 2011
Armenia

YEREVAN. – 21 commercial banks with 418 branches functioned in Armenia
as per July 1, 2011, says the report of the Central Bank of Armenian
(CBA). Total assets of these banks are estimated as AMD 1,7 trillion
(around $4,3 billion).

The amount of loans provided to legal bodies make highest density
of banks’ assets with 35.9 percent. Density of loans allocated to
physical persons increased by up to 20.7 percent. The banking system
provided AMD 1,48 trillion (around $4 billion) to the economic sphere
of the country as per July 1, 2011.

Soccer: Armenia Make Light Work Of Andorra

ARMENIA MAKE LIGHT WORK OF ANDORRA
by Silvia Casals

UEFA.com

Sept 2 2011

Andorra 0-3 Armenia

Vardan Minasyan’s side retain a theoretical chance of reaching UEFA
EURO 2012 following a comfortable win in the Pyrenees.

Armenia kept up the pressure on the top three in UEFA EURO 2012
qualifying Group B following a comfortable away win against back
markers Andorra.

Jesús Álvarez’s side have yet to pick up a point in the section,
but failed to make chances count against Vardan Minasyan’s Armenia,
who will look to keep the momentum going as they take on Slovakia
in Zilina on Tuesday. Marcos Pizzelli put Armenia ahead ten minutes
before the break, with a Gevorg Ghazaryan strike and a late Henrik
Mkhitaryan penalty underlining the visitors’ dominance.

Andorra held their own until the 35th minute, when Brazilian-born
Pizzelli blasted past Jose Antonio Gomes in the home side’s goal.

Fernando Silva might have replied, but could not get a head to an
inviting Marc Pujol cross.

It took another half an hour after the interval for Armenia to break
through again, with Artur Sarkisov putting in a great cross for
Ghazaryan to dispatch in style. Andorra had an opportunity to reduce
the arrears once more, but Cristian Martínez fired just wide from a
lively counterattack.

A minute into added time, Andorra captain Ildefons Lima felled Karlen
Lazarian in the Armenia box to receive a straight red card, with
Mkhitaryan stepping up to make it 3-0 from the spot.

http://www.uefa.com/uefaeuro2012/matches/season=2012/round=15171/match=2002246/postmatch/report/

BAKU: Goran Lennmarker: It Is Easy To Start A War, But It Is Difficu

GORAN LENNMARKER: IT IS EASY TO START A WAR, BUT IT IS DIFFICULT TO END ONE

Today
Sept 2 2011
Azerbaijan

APA interviewed with former president of the OSCE Parliamentary
Assembly and chairman of the Jarl Hjalmarsson Foundation Goran
Lennmarker

Do you share the view that present status quo might result a new war
in the South Caucasus?

I don’t think there will be a new war in South Caucasus. It is easy
to start a war, but it is difficult to end one. Since most war plans
go wrong it is certainly difficult to predict the outcome. For example
air superiority is crucial in modern warfare and it depends on skills,
morale, strategy and tactics that are all difficult to assess.

Since war means that many, both young men and civilians, will be
killed and many more wounded and severely handicapped and the public
finances ruined, I am quite convinced that the responsible leaders
I have met from both countries will not take such a fateful decision.

What steps should be taken immediately – by Minsk Group of the OSCE
and the conflict sides- in order to rule out the deadlock?

The public opinion of both countries has to realize that a peaceful
solution must be a compromise. No side will get hundred percent of
its demands. But there will be substantial gains for both sides with
the solution that the Minsk group envisages. For example: hundreds of
thousands of IDPs and refugees would be able to retake possession of
their land and some even of their houses. The possibility to visit
family graves is also important. These are the wishes I have been
told about during my many visits to refugee camps.

For instant, Moscow is an actual and active mediator in the
negotiations, while the EU and the USA are staying aside, commenting
only on the ongoing developments. Why do you believe is the EU acting
passively in the issue?

It is good that Russia is an active mediator and I agree that EU
is too passive. Europe has a unique experience of building its own
peace, prosperity and democracy after a long history of wars and
aggression between nations that now are member states. EU is also
actively working on a peace-building process after the Yugoslav wars.

I think that EU should offer its most powerful support which is
membership perspective to the three countries of South Caucasus.

Azerbaijan, Armenia and Georgia are sovereign countries and if they
wish to be part of the European integration, and if they fulfill the
qualifications, this option should be open to them. I am convinced
that that would bring a lasting peaceful stability to the region.

BAKU: Baku Studies Reports On Slovakian Politicians’ Letter To Karab

BAKU STUDIES REPORTS ON SLOVAKIAN POLITICIANS’ LETTER TO KARABAKH SEPARATISTS

news.az
Sept 2 2011
Azerbaijan

The letter contains congratulations over the ’20th anniversary of NKR’,
while this date is the start of open occupation of Azerbaijani lands.

Azerbaijani Foreign Ministry investigates information in the letter
of the former Slovakian Premier Jan Èarnogurský and former chairman
of the National Assembly of Slovakia Frantishek Mikloshko sent to
the separatist regime in Nagorno Karabakh.

The statement has come from the spokesman for the Azerbaijani Foreign
Ministry Elman Abdullayev.

According to Armenian mass media, the letter contains congratulations
over the ’20th anniversary of NKR’, while this date is the start
of open occupation of Azerbaijani lands. Additionally, the letter
supports continuation of occupation of Azerbaijani lands.

Is Pavement Cafe Ban A Step On The Road To Islamism?

IS PAVEMENT CAFE BAN A STEP ON THE ROAD TO ISLAMISM?
Alev Scott

The Times (London)
August 2, 2011 Tuesday

As August begins, which coincides this year with Ramadan and an
unusually hot summer, the streets of Beyoglu in central Istanbul are
empty. The cafes and restaurants have been stripped of their outdoor
tables – and the customers who sat drinking at them.

People mutter darkly that Recep Tayyip Erdogan, Enhanced Coverage
LinkingRecep Tayyip Erdogan, -Search using: Biographies Plus News
News, Most Recent 60 Days Turkey’s devoutly Islamic Prime Minister,
emboldened by his recent landslide re-election triumph, has begun
a Ramadan crackdown on decadent Western behaviour in the normally
bustling Mediterranean-style answer to Soho.

A week ago police swooped to remove the tables without notice after a
visit from Mr Erdogan. It is alleged that the Turkish Prime Minister
was exasperated that his motorcade, en route to a whirling-dervish
ceremony, was held up by restaurant tables spilling out on to the
streets. Worse still, he is said to have been enraged when one of the
alfresco drinkers raised an ironic (and highly offensive) glass to him.

Despite the local council’s loyal protestations that the tables were
removed because the restaurants were in breach of the quota for
the area, the action is widely believed to have taken place on Mr
Erdogan’s direct orders.

His increasingly eccentric and autocratic behaviour should surprise no
one. Last January, in Kars, eastern Turkey, he personally ordered the
destruction of a statue built to promote Armenian-Turkish relations,
calling it “a monstrosity”. And after his re-election in June he has
pressed ahead with plans to construct a gargantuan and unimaginably
expensive canal to divert shipping away from the Bosphorus. The recent
resignation of the entire leadership of the armed forces has served
only to reinforce Mr Erdogan’s position as an ever stronger populist
leader as he appoints their successors.

The restaurant owners and glitterati of Istanbul were so outraged
at his behaviour that thousands marched through Istanbul last week,
some defiantly carrying chairs and bottles of beer to show it. His
behaviour certainly won’t calm fears about his ruling AK Party’s
Islamist instincts nor will it endear him to the EU, which is already
extremely unenthusiastic about admitting Turkey.

But Mr Erdogan, who has presided over an economic success story,
is secure in the knowledge that most Turks admire his decisive
leadership. With such popular backing, the removal of the outdoor
tables in Beyoglu could prove to be a small milestone on the road to
a very different, more religiously zealous Turkey.

Alev Scott is a freelance writer based in Istanbul

Erdogan’s eccentric behaviour will not endear him to the EU

The PACE Monitoring Committee Is Due To Adopt The Report On The Func

THE PACE MONITORING COMMITTEE IS DUE TO ADOPT THE REPORT ON THE FUNCTIONING OF DEMOCRATIC INSTITUTIONS IN ARMENIA

Mediamax
Sept 2 2011
Armenia

Yerevan/Mediamax/. The PACE Monitoring Committee is due to adopt the
report on the functioning of democratic institutions in Armenia at
Paris session.

The report is worked out by the PACE Monitoring co-rapporteurs on
Armenia John Prescott and Axel Fischer, Mediamax reports.

Mediamax recalls that co-rapporteur Axel Fischer was on a 3-day visit
to Armenia on July 19-21 and met with the country’s leadership and
representatives of the opposition.

Summing up the results of the visit, Axel Fischer hailed “the dialogue
being formed” between the coalition and the ANC and that was “what the
PACE has desired for a long time”. He also stressed the importance
of forthcoming parliamentary elections in Armenia noting that the
new Electoral Code will ensure a solid basis for the holding of
democratic elections.

Armenian Assembly Statement On Turkish Government’s Announcement To

ARMENIAN ASSEMBLY STATEMENT ON TURKISH GOVERNMENT’S ANNOUNCEMENT TO RETURN CONFISCATED MINORITY PROPERTIES

AZG DAILY
03-09-2011

The Turkish government’s announcement of its decision to abide
by the rulings of the European Court of Human Rights to return
long-ago confiscated properties of minorities comes as a step in the
right direction. While it remains to be seen how the government will
implement this new measure, the policy holds the promise of restoring
the rule of law for minorities long discriminated against in Turkey.

The announcement comes in the wake of a series of developments in
Turkey resulting in increasing civilian oversight of several branches
of the Turkish government previously controlled by the military. Some
of these reforms stem from Turkey’s aspirations for membership in
the European Union.

However, with the increasingly Islamist policies of Prime Minister
Recep Tayyip Erdogan’s Justice and Development Party and a recent
turnabout for the worse in its relations with the Kurdish population
in Turkey, we hope the timing is not just another effort to burnish
the government’s image as a reform-minded administration.

The timing of Erdogan’s new policy on minority properties also
coincides with the fact that the Turkish Parliament failed to act on
the Armenia-Turkey protocols to establish diplomatic relations and
open the border, despite its international commitments to do so.

Turkey’s failure to enact the protocols reflects a continued pattern
of nonperformance, including its existing obligations under the
Treaties of Kars and Moscow guaranteeing Armenia access to the Black
Sea. Instead, Turkey, in solidarity with Azerbaijan, maintains its
illegal blockade of Armenia and seeks to isolate Armenia and Nagorno
Karabakh.

As far as the Armenian minority in Turkey is concerned – after a
century of violent persecution, official discrimination, and public
racism – the decree to return some of the confiscated properties is a
welcomed development, but cannot begin to redress the magnitude of the
damage inflicted. This indirect admission that Turkey discriminated
against minorities for over three quarters of a century does nothing
to reverse the lasting consequences of the Armenian Genocide. Turkey
has shown no evidence that it is prepared to deal with the legacy of
the Armenian Genocide.

Designed to undermine the remaining minority institutions in Turkey,
the confiscation of properties mostly deeded to minority endowment
dates to the 1930s when Turkey ramped up its discriminatory practices
under the influence of Nazi racial policies. These practices of the
Kemalist regime followed upon the earlier policies of the Young Turk
Committee responsible for the Armenian Genocide and continued with
punishing taxation policies specifically targeting the Armenian,
Jewish, and Greek minorities remaining in Turkey.

Turkey never redressed the result of its official policies dating from
that era. Instead, it sustained pressure on minority communities by
continuously denying or depriving community-based institutions and
endowments that support schools and churches from legally registering
the donation of properties. The policy, as a result, succeeded
in reducing the presence of minority groups to a mere fraction of
their former numbers. In a country with a population of 78 million,
the total minority presence of Christians and Jews in Turkey numbers
less than 100,000.

The decree also does nothing to protect the Armenian architectural
heritage in Turkey represented in countless monuments, many
of a religious nature, that have been subjected to vandalism,
deliberate neglect, if not outright destruction. The sorry state of
the antiquities in the historic city of Ani that sits astride the
border with the Republic of Armenia remains a constant testament
to offenses committed in denying the Armenian Genocide as Turkish
officials continue to drag their feet about salvaging what little
remains of the medieval capital city.

After 75 years, the announcement demonstrates the need for Congress
to adopt the Royce-Berman legislation calling for the safeguarding
of the Christian heritage in Turkey. It was precisely these issues
that noted Turkish-Armenian journalist Hrant Dink raised publicly
for the first time in Turkey, and as it turned out tragically, at
the cost of his life. Much more can and should be done to address
the concerns of minorities in Turkey.

Turkologist: Return Of Property To Christians – A Propaganda Step

TURKOLOGIST: RETURN OF PROPERTY TO CHRISTIANS – A PROPAGANDA STEP

ARMENPRESS
14:40, 2 September, 2011

The decision of Turkey to return the property of the communities of
Christian minorities of Turkey is more of propaganda significance,
Turkologist Hakob Chakryan told a news conference today.

The Turkologist noted that this order relates to the return of the
property belonging to the communities in 1936-1974. He also drew
attention on the quantitative change of ethnic minorities in Turkey.

“The mentioned property has passed from hands to hands and returning
it today will be a rather complicated process. Their return will be
very expedient for Turkey as there are neither the recipients nor
the dominators”, Chakryan pointed out.

Turkologist Artak Shakaryan said there are many sues against Turkey
in the European Court of Human Rights demanding the return of the
forcibly taken territories. “Besides, in October the report on Turkey’s
membership to the EU will be published and Turkey tries to create
positive impression”, Shakaryan said, expressing conviction that the
decision made by that country is agreed with the wish to close the
eyes of ECHR. “Nevertheless it is a positive decision and creates a
good prerequisite but it is a drop in the ocean”, he stressed.

Azeri Foreign Ministry "Studies" Congratulatory Letters To NKR Presi

AZERI FOREIGN MINISTRY “STUDIES” CONGRATULATORY LETTERS TO NKR PRESIDENT

PanARMENIAN.Net
September 2, 2011 – 20:32 AMT

PanARMENIAN.Net – Azerbaijani Foreign Ministry is “studying”
congratulatory letters former Prime Minister of Slovakia Jan
Carnogursky and ex-Speaker of the Slovak National Council Frantisek
Miklosko addressed to NKR President Bako Sahakyan on 20th anniversary
of Artsakh independence.

Azeri Foreign Ministry claims the letter, praising outstanding
patriotism of Artsakh people, to contain “provocating statements”.

“They won a well deserved victory, protecting their families and
lands,” the congratulatory letter, considered “suspicious” by
Azerbaijan, said.

Yerevan Sends Presents To Stepanakert

YEREVAN SENDS PRESENTS TO STEPANAKERT

Tert.am
18:24 02.09.11

On the occasion of the 20t anniversary of Nagorno-Karabakh’s
independence, the Yerevan city hall has presented the necessary
equipment for municipal services, as well as furniture, to the
Stepanakert city hall.

The Yerevan city hall press service reports that Stepanakert’s only
operating library, Muratsan library has received 1,000 pieces of
belletristic literature. Schools and kindergartens received gym
equipment.

The Yerevan city hall has also provided a new emergency management
system to the Stepanakert municipality. A similar system is to be
installed at the NKR Ministry of Emergency Situations.

A delegation of experienced doctors from Armenia visited
Nagorno-Karabakh and gave numerous consultations. NKR Minister
of Health Sergey Movsisyan held a meeting with the delegation and
thanked the doctors for their high-quality services. He stressed the
importance of cooperation with Armenia’s leadng medical institutions.