Court to publish decision over motion on arresting PAP leader on June 21

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 17:03, 19 June, 2020

YEREVAN, JUNE 19, ARMENPRESS. The Yerevan Court of General Jurisdiction chaired by judge Robert Papoyan completed the discussion of the motion on detaining Prosperous Armenia party leader Gagik Tsarukyan.

The Court will publish its decision on June 21.

On June 16 the Armenian Parliament voted in favor of the Prosecutor General’s motion on stripping MP Gagik Tsarukyan of parliamentary immunity. 87 MPs voted in favor of the motion. The Parliament also approved another motion on depriving Tsarukyan of liberty.

On June 14 leader of the opposition Prosperous Armenia party Gagik Tsarukyan was taken to the National Security Service for questioning. He stayed there until 23:30. Earlier the NSS issued a statement according to which a company, that is included Gagik Tsarukyan’s Multi Group Concern, has caused tens of billions of drams in damage to the state. In another statement, the NSS said it revealed numerous cases on giving bribes to voters by the Prosperous Armenia party members, as well as candidates to vote in favor of the party during the April 2, 2017 parliamentary elections.

Gagik Tsarukyan has been charged for giving electoral bribes. He denies the accusations.




Artsakh confirms 3 new cases of COVID-19 in past 24 hours

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 12:01,

STEPANAKERT, JUNE 18, ARMENPRESS. 3 new cases of the novel coronavirus have been confirmed in the Republic of Artsakh, bringing the total number of cases to 94, the Artsakh healthcare ministry said today.

2 more patients have recovered, bringing the total number of recoveries to 56.

Currently 95 people are under quarantine.

No death case has been registered.

So far, 1,520 COVID-19 tests have been conducted.

On June 11 Artsakh extended the coronavirus-related state of emergency for another 30 days, until July 11.

Editing and Translating by Aneta Harutyunyan

RFE/RL Armenian Report – 06/17/2020

                                        Wednesday, 
Armenian PM Denies ‘Political Persecution’ Of Opposition Leader
        • Anush Mkrtchian
Armenia - Prime Minister Nikol Pashinian addresses the parliament, 
Prime Minister Nikol Pashinian dismissed on Wednesday opposition claims that 
Gagik Tsarukian, the leader of the opposition Prosperous Armenia Party (BHK), is 
prosecuted for political reasons.
“In the past the authorities used such criminal cases to keep those [opposition] 
forces under control, force them into coalitions and so on because they lacked 
legitimacy,” said Pashinian. “Our government does not have such an objective. We 
don’t need to turn criminal cases into subjects of political horse-trading so 
that they make fewer [anti-government] statements or watch their language.”
“We know the [right] method of making them watch their language,” he said “We 
will teach them.”
“They won’t even talk here anymore because the people will kick them out of here 
altogether,” he added during the Armenian government’s question-and-answer 
session in the parliament.
Pashinian spoke there the day after the parliament’s pro-government majority 
voted to allow law-enforcement authorities to prosecute and arrest Tsarukian on 
charges of buying votes during parliamentary elections held in 2017.
Armenia -- Prime Minister Nikol Pashinian (L) attends the inauguration of a 
ceramics plant mostly owned by Gagik Tsarukian (R), November 7, 2019.
Tsarukian and his party, which makes up the largest opposition group in the 
National Assembly, reject the accusations as baseless and politically motivated. 
They say that Pashinian ordered the criminal proceedings in response to the BHK 
leader’s recent calls for the government’s resignation.
Addressing his senior loyalists on June 5, Tsarukian accused the government of 
mishandling Armenia’s coronavirus crisis and failing to mitigate its 
socioeconomic consequences. Pashinian and his political allies reacted angrily 
to that speech.
Prosecutor-General Artur Davtian denied that the case is politically motivated 
when he spoke in the parliament on Tuesday. He said that the National Security 
Service (NSS) launched the vote buying investigation in February.
The NSS interrogated Tsarukian again immediately after the parliament lifted his 
immunity from prosecution. It went on to ask a court in Yerevan to allow 
investigators to place one of the country’s richest men under pre-trial arrest.
The court began hearings on the NSS demand on Wednesday evening.
Armenia’s Coronavirus Hospital Beds ‘Still Sufficient’
        • Susan Badalian
Armenia -- A medical worker wearing protective equipment moves a patient into 
the Grigor Lusavorich Medical Center in Yerevan, June 9, 2020
Armenia still has enough hospital beds to treat increased numbers of coronavirus 
patients, the Ministry of Health insisted on Wednesday.
“We have no problems with regard to hospitalization at the moment,” the ministry 
spokeswoman, Alina Nikoghosian, told RFE/RL’s Armenian service. “The available 
hospital beds are still sufficient.”
Nikoghosian said at the same time that 176 infected people in need of urgent 
treatment waited to be hospitalized as of Wednesday morning. But she stressed 
that 140 of them were in kept in medical “triage centers” in preparation for 
their hospitalization.
“So the [hospitalization] process is going on and perhaps most of them have 
already been hospitalized,” added the official.
The coronavirus crisis is putting a growing strain on Armenia’s underfunded 
healthcare system, forcing the health authorities to ramp up capacity. The 
authorities pledged last week to make 350 new hospital beds available for 
COVID-19 patients. Armenian hospitals fighting the epidemic had a total of over 
2,000 beds at that point.
Just over 18,000 coronavirus cases and at least 302 deaths have been recorded in 
the country of about 3 million to date. According to the Ministry of Health, 544 
people tested positive for the virus on Tuesday.
Nikoghosian put the current number of active cases at 10,818. The vast majority 
of these infected people are confined at home and monitored by primary 
healthcare workers.
Health Minister Arsen Torosian said, meanwhile, that despite the increased daily 
numbers of new infections the disease has spread in the last 10 days more slowly 
than was expected by the health authorities. In a Facebook post, he said this is 
the result of more Armenians practicing social distancing, wearing face masks 
and taking other precautions recommended by the authorities.
Torosian also cautioned: “The situation remains very tense and we all need to 
make additional and prolonged efforts to improve it.”
Armenian Opposition Wants Parliament Probe Into COVID-19
        • Tatevik Lazarian
Armenia -- Deputies from the opposition Prosperous Armenia Party attend a 
parliament session in Yerevan, June 19, 2019.
The opposition Prosperous Armenia Party (BHK) called on Wednesday for a 
parliamentary inquiry into the authorities’ response to the continuing 
coronavirus epidemic in the country.
Senior BHK lawmakers announced the initiative as they boycotted a session of the 
Armenian parliament in protest against its decision on Tuesday to allow the 
arrest and prosecution of the party’s leader, Gagik Tsarukian. He is facing 
accusations of vote buying rejected by him as politically motivated.
The BHK, which holds 26 seats in the 132-member National Assembly, needs the 
backing of another parliamentary opposition party, Bright Armenia (LHK), in 
order to be able to force the creation of an ad hoc parliamentary commission on 
the coronavirus crisis.
LHK leader Edmon Marukian said his party is ready to join the BHK initiative. 
“We will back the idea of an investigating commission on the condition that the 
commission is headed by a representative of the LHK,” said Marukian. He argued 
that his party was the first to float the idea.
Tsarukian’s party also urged the LHK to join it in asking the Constitutional 
Court to rule whether a government ban on rallies is legal. The ban stems from a 
coronavirus-related state of emergency in Armenia.
Marukian also questioned the ban, saying that Armenians can safely hold street 
gatherings if they wear face masks and observe physical distancing. Still, he 
said opposition lawmakers should have the issue discussed in the parliament 
before appealing to the Constitutional Court.
Meanwhile, one of the leaders of the parliament’s pro-government majority, Alen 
Simonian, said he has no problem with the BHK initiatives.
“I personally find these two initiatives excellent,” said Simonian. “If that 
commission is formed we will also be able to investigate rumors spread by groups 
close the party mentioned by you (BHK), rumors that the coronavirus does not 
exist.”
The BHK, the LHK and other opposition forces have been very critical of the 
authorities’ handling of the coronavirus crisis, holding them responsible for 
the large number of COVID-19 cases and deaths in the country. Prime Minister 
Nikol Pashinian and his allies reject the criticism.
The Armenian Ministry of Health said on Wednesday morning that 544 people tested 
positive for the virus in the past 24 hours, bringing to 18,033 the total number 
of confirmed cases in the country of about 3 million.
The ministry also reported 9 more deaths primarily caused by COVID-19. The 
official death toll thus reached 302.
The figure does not include the deaths of 99 other people infected with the 
disease. The health authorities say other, pre-existing conditions were the main 
causes of these fatalities.
Reprinted on ANN/Armenian News with permission from RFE/RL
Copyright (c) 2020 Radio Free Europe / Radio Liberty, Inc.
1201 Connecticut Ave., N.W. Washington DC 20036.
 

ArmenpArmenia has a stable banking system: PM introduces new Central Bank President to staffress:

Armenia has a stable banking system: PM introduces new Central Bank President to staff

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 10:38,

YEREVAN, JUNE 15, ARMENPRESS. Prime Minister Nikol Pashinyan introduced today new President of the Central Bank of Armenia Martin Galstyan to the Bank’s staff.

Pashinyan thanked former CBA President Artur Javadyan for the works done during this period.

“I wish good luck to Martin Galstyan in his activity as CBA President. Mr. Galstyan is not a new person in the banking system and is working in the field for quite a long time. I closely communicated with the Central Bank in the past two years and can state that the Bank has a very a good team which is working on the stability of the banking system”, the PM said.

According to Pashinyan, the Central Bank is one of the most important achievements of the third Republic. He stated that the banking system in Armenia is stable and well-established.

“All these is seen from how the financial system demonstrated itself in several crisis situations or during political upheavals, including also during the peaceful, Velvet and people’s Revolution, as well as during the current coronavirus crisis. Of course, this change that is taking place is important in a sense that it ensures certain legacy for the activity of the Central Bank. On the other hand, it also symbolizes the further development course and necessity of reforms of changes without undermining the stability”, Pashinyan said.

He said in the current period one of the key challenges of the banking system is to raise the financial literacy among the citizens of Armenia. The PM highlighted the need for actions so that Armenians will be able to see and understand the nuances of the banking system.

“One of our greatest tasks, challenges must be to make the Central Bank more human-centered. We should do so that the context of relations between the banking system and the citizens becomes more constructive in order to avoid negative perceptions around this system. This is one of the most important preconditions for the stability and sustainable development of our economic system”, the Armenian PM added.

He said they have certain agreements with former CBA President Artur Javadyan in terms of future activities. Pashinyan said Mr. Javadyan will be engaged into the process of developing the economic policy, analyzing economic issues and engaging international economic specialists.

“We have concrete programs the implementation of which will be a great success for the development of economic mind of Armenia”, the PM noted.

In turn Artur Javadyan thanked the CBA staff and expressed confidence that the new President will ensure the continuation of the stable work.

“We have a professional team that will be capable to keep the financial stability, as well as to have a stable macroeconomic environment in the current situation caused by this coronavirus crisis”, Javadyan said.

New President of the Central Bank Martin Galstyan thanked for the appreciation.

“During these years a team has been really formed in the Central Bank which passed many experiments and has been capable of solving its tasks. I assure you that the work which has been done will be continuous, we will deepen the cooperation with our partners of the government for the benefit of our nation and society. We will make all efforts to ensure macro-stability in the country regardless of everything”, the new CBA President said.

Martin Galstyan was elected President of the Central Bank by the Parliament on April 17.

 

Reporting by Lilit Demuryan; Editing and Translating by Aneta Harutyunyan

More than 90 arrested at Armenia protest during clashes

WBOC TV 16
Posted:
Jun 14, 2020 6:33 PM
<em class=”wnDate”>Sunday, 11:33 AM EDT</em>Updated:
Jun 14, 2020 10:23 PM
<em class=”wnDate”>Sunday, 3:23 PM EDT</em>

YEREVAN, Armenia (AP) – More than 90 demonstrators were arrested Sunday in clashes between police and protesters outside the headquarters of Armenia’s national security service.

The protest in the capital, Yerevan, took place after security service officers conducted a search at the residence of the leader of the country’s principal opposition party.

A criminal investigation of the Prosperous Armenia party’s leader, tycoon Gagik Tsarukyan, says he is suspected of conducting unlicensed gambling activities that have deprived the government of revenue.

Tsarukyan claims the allegations are political. His party holds 25 of the Armenian parliament’s 132 seats.

Covid-19: Armenia reports 596 new cases, 45 recoveries, 7 deaths – TOTAL: 11,817

Public Radio of Armenia
June 5 2020

Armenia financial system carries on serving borrowers, depositors – cenbank

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 14:02,

YEREVAN, MAY 27, ARMENPRESS. The Armenian financial system carries on maintaining liquidity amid the coronavirus outbreak and is able to serve both borrowers and depositors, Central Bank Financial Stability Department chief Andranik Grigoryan said at a news conference when asked about the financial system’s capabilities amid the pandemic.

“The financial system’s high liquidity and high level of capital gave the chance to overcome this phase. If each and every one of us tries to limit the spread of the pandemic by having responsibility, then our financial system definitely can easily continue with the same principle it is working now,” he said, adding that the financial system is currently easily serving both borrowers and depositors.

If necessary, the cenbank is ready to issue additional liquid assets, he said.

He called on citizens to maximally use online services and payment methods to minimize physical contacts.

Amid the pandemic, the cenbank asked commercial banks to display individual approach with customers, and as a result nearly 540,000 people and 17,000 companies had their loans revised.

Editing and Translating by Stepan Kocharyan

Asbarez: AYF Western and Eastern U.S. and Canada to Premier Video Celebrating Armenian Independence

May 22, 2020

The virtual presentation will debut on May 28

In celebration of the 102nd anniversary of the Armenian Independence and the establishment of the First Republic of Armenia, the Armenian Youth Federation of Western United States, Eastern United States, and Canada will host a virtual event which will be broadcast live on May 28.

The virtual event will premiere on Facebook Live and YouTube Live, giving the Armenian community from North-America’s the three regions an opportunity to unite for an evening of celebratory messages from each AYF region, and cultural performances from AYF members and renowned Armenian artists. The event will debut at 6:00 PM (PST), and 9:00 PM (EST) on the social media platforms of each AYF region.

In light of the ongoing COVID-19 pandemic and cancellation of countless events, the Central Executives of the three AYF regions cohesively merged efforts to construct a virtual commemoration of the independence of the First Republic of Armenia despite the reality we are faced with; we cannot allow this day to go uncelebrated—whether we gather at an Armenian Center or virtually from the comfort of our homes on Facebook Live.

The victory achieved on May 28, 1918, will forever be regarded as one of the most important events in the history and in the collective psyche of the Armenian nation—without which an independent Armenia, a free and autonomous Artsakh, and a place we can all truly call home would not have been possible. After six-hundred years of oppression and foreign subjugation, our forefathers rose from the ashes of genocide and reclaimed what was rightfully ours; it is for that reason why we are still here today. It is our duty as the children of these heroes to continue to recognize and celebrate this day, each and every year, to carry on the torch and to honor their ultimate sacrifice in whatever way we can.

Founded in 1933, the Armenian Youth Federation has been the largest and most influential Armenian American youth organization; with chapters and affiliated organizations around the world. Inspired by our past and motivated by the needs of the future, the AYF actively strives to advance the social, political, educational and cultural awareness of all Armenian youth.

Ucom paid coupons of USD and AMD bonds

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 12:08,

YEREVAN, MAY 20, ARMENPRESS. On May 16, 2020 Ucom paid the coupons of Ucom corporate bonds,  Ucom told Armenpress.

“These bonds are the first ones by Ucom, issued within the framework of the public offer registered in 2019. In May, 2019 Ucom placed AMD bonds with an annual coupon yield of 11% and USD bonds with an annual coupon yield of 7.5%. The first corporate bonds of Ucom were allowed to trade on AMX Armenia stock exchange.

Let us remind, that the maturity period of nominal coupon bonds is 36 months, the frequency of coupon repayment is quarterly. It should be added that the announcement of the bonds’ public offer was registered with the Central Bank of Armenia and is available at https://www.ucom.am/hy/personal/best-deals/bond”, the company said in a statement.

We hope we won’t have to return to lockdown, Armenian PM tells EEU leaders

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 14:28,

YEREVAN, MAY 19, ARMENPRESS. Prime Minister Nikol Pashinyan briefed EEU leaders on the coronavirus response of the Armenian government during a video-conference of the Supreme Eurasian Council.

Pashinyan said in his speech that although the growth of new cases wasn’t possible to be prevented, the government has practically ended the phase of strict restrictions and has been implementing a de-centralized strategy of fighting the coronavirus since May 4.

“Since yesterday, virtually all economic restrictions in Armenia have been lifted. However, restrictions in education, culture, entertainment, leisure and public events are maintained. The state sector is working on a hybrid method by combining office and remote work,” Pashinyan said.

He said that the lockdown has been fully lifted and it has led to a certain growth of new cases. “Instead, however, strict social and economic safety rules have been introduced, mandatory protocols and rules have been approved for all citizens, businesses and state institutions. The concept of strict restrictions has been transformed into a concept of maintaining strict norms and rules of behavior. Certainly, its effectiveness will depend from the level of responsibility of the entire society. During the time period of the strict lockdown we were able to take all necessary measures to increase the transitioning capacity of the country’s healthcare system. We will monitor the situation during the next two weeks. We hope that we won’t have to return to the implementation of strict lockdown measures and that conditions will develop for the full activities of the society during the continuous epidemic and namely for economic activities,” Pashinyan said.

The PM also told the EEU leaders about the Armenian government’s relief packages for mitigating the social-economic consequences of the lockdown. He said that these actions, aside from social significance, were aimed at the economy coming out of the shutdown quickly and creating conditions for its development in the post-crisis period.

“We also succeeded in organizing effective supervision in the retail sector, prevent a potential shortage of goods and not allowing inflation of consumer prices. Thanks to the tactical interference of the Central Bank, abrupt fluctuations of national currency exchange were prevented and its stability was ensured. Dear friends, I have mentioned on numerous occasions that we attach special importance to the development of our cooperation in conditions of the epidemic and the growing recession. I am more than convinced that we must strengthen our union and perfect the fundamental institutions of integration. We must prove their vitality in conditions of crisis and be ready to mutually utilize all economic possibilities which will obviously appear in the post-crisis period,” Pashinyan said.

Editing and Translating by Stepan Kocharyan