Author: Kalantarian Kevo

Atlantic Forfaitierungs AG to increase credit line to Armeconombank

2008-08-15 21:43:00

ArmInfo. Armeconombank is waiting for growing of the credit line on the
programme of commerce financing of Swiss company Atlantic
Forfaitierungs AG. As deputy chairman of Armeconombank Board Hayk
Lazarian told ArmInfo correspondent, $1.75 mln were not enough because
of raising of demand of borrowers. Armeconombank has been also taking
part in the programme on commerce financing of European Bank for
Reconstruction and Development since 2002.

According to ArmInfo data, the share of the credits within the frames
of international programmes is about 21% in the credit portfolio of
Armeconombank, which exceeds 26 bln drams ($86.7 mln).Lazarian
predicts that the credit portfolio of the bank will be increased up to
29 bln drams by the end of the current year. The assets of the bank
have increased by 15 bln drams if compared with the end of March of the
current year and were more than 57 bln drams as of 11 August 2008.
According to Ranking of commercial banks prepared by ArmInfo, as of 1
July 2008 Armeconombank entered the ten of the leading banks by the
size of credit portfolio, total capital and investments in state
government securities.

Panorama.am

16:53 16/08/2008

Serzh Sargsyan Had a Phone Conversation with Saakashvili

Serzh Sargsyan had a telephone conversation with Georgian president
Mikhail Saakashvili on August 15.

According to the press bureau of the president, S.Sargsyan has sent
his condolences concerned with the recent events in Georgia which
caused death of hundreds of people. S.Sargsyan restated Armenia’s
willingness to provide necessary humanitarian support to those
suffered during the South Ossetia conflict.

Source: Panorama.am

RED SQUARE DEFENDED AGAINST GEORGIANS

Kommersant

Aug. 14, 2008
Russia

The hope to rally near St. Basil’s Cathedral in Moscow in support of
Georgia on the day of national mourning for victims of South Ossetia
didn’t materialize. Instead, leaders of Caucasus diasporas met to
condemn Georgian President Mikhail Saakashvili.

August 13 was the day of national mourning for victims of South
Ossetia’s war. A group of activists headed by Rusudan Strelkova
chose exactly that day to rally on the Red Square, near St. Basil’s
Cathedral, in solidarity with Georgia. The respective information
was released by one of the radio stations yesterday morning.

Strelkova urged the supporters to show up near St. Basil’s Cathedral
at 5:00 p.m. wearing white clothes symbolizing the call for peace. She
endeavored to attract the Union of Georgians in Russia to the rally,
to no avail though.

"We don’t know her and don’t trust her. Besides, if a crowd gathers
in the Red Square with transparencies it will be an unsanctioned
action with all consequences," people in the Union of Georgians in
Russia explained.

But the enforcement officers responded to Strelkova’s calls in no
time. The Red Square was closed at roughly 3.00 p.m. with all tourists
advised to move to Alexandrovsky Garden or Manezhnaya Square. Two
trucks with police officers were on alert near the Historic Museum
and the plans were to open the Red Square no sooner than 11:00 p.m.

Also yesterday, spokesmen of the Caucasus diasporas gathered in the
Moscow House of Nationalities to discuss military actions in South
Ossetia. The event was attended by chiefs of Georgian, Armenian, South
Ossetia’s and Azerbaijan’s diasporas. After two-hour debates, the
leaders called to put on trial Georgian President Mikhail Saakashvili
and condemned his "treacherous aggression."

But despite all efforts of Moscow Georgians to wear off the conflict,
it is burning on cultural level. Georgian famous singer and actor
Vakhtang Kikabidze rejected Russia’s Friendship Order and cancelled
the Moscow concert dedicated to his 70th anniversary. The event was
to be held in the Kremlin October 5.

TWO CANDIDATES NOMINATED FOR SEPTEMBER 7 ELECTIONS OF NUBARASHEN DISTRICT HEAD

Noyan Tapan

Au g 13, 2008

YEREVAN, AUGUST 13, NOYAN TAPAN. By the established deadline:
6 pm August 13th, two candidates were nominated for elections of
the head of Yerevan’s Nubarashen community to be held on September
7. 14 candidates were nominated for elections of a 11-seat council
of aldermen in this community. NT was informed by spokesperson for
the RA Central Electoral Commission Tatev Ohanian that the current
head of the district, member of "Prosperous Armenia" party Mher
Hovhannisian and member of the Republican Party of Armenia (RPA)
Garik Hovsepian submitted bids by the self-nomination order for
running in the elections of the district head.

The deadline for registering the candidates is August 18th, 6 pm.

GRADUATES OF UNIVERSITIES’ BASE COLLEGES ALSO TO TAKE ENTRANCE EXAMINATIONS BY UNITED EXAMINATION SYSTEM IN 2009

Noyan Tapan

Au g 12, 2008

YEREVAN, AUGUST 12, NOYAN TAPAN. In 2009, university entrance
examinations on almost all the main subjects, except oral examinations,
will be conducted by the united examination system. The RA minister
of education and science Spartak Seyranian said at the August 12 press
conference that the graduates of the base colleges of all universities
will also take exams by the indicated system. The graduates of base
colleges currently have an interview to enter a university.

According to S. Seyranian, the guidebooks on the following subjects:
biology, chemistry, geography and history will be prepared by November.

VAHRAM ATANESYAN: KARABAKH-AZERBAIJAN CONFLICT HAS NO MILITARY SOLUTION

arminfo
2008-08-12 11:28:00

ArmInfo. ‘It is time for mediator-states to raise institution of
co-chairs in the negotiations process for settlement of Karabakh
conflict at a higher diplomatic level. It maybe the level of deputy
foreign ministers of mediator-states or any other level meeting the
seriousness of the negotiations’, Chairman of the NKR Parliamentary
Commission for Foreign Relations Vahram Atanesyan said at a press
conference on the latest trends of the Karabakh peace process.

ArmInfo correspondent to Stepanakert reports that V. Atanesyan hopes
for continuation of the negotiations of the Armenian and Azerbaijani
foreign ministers with participation of NKR representatives in
compliance with the agreement reached in Moscow. He hopes the parties
will achieve the resolution meeting the interests of Karabakh and
Azerbaijani peoples. He is sure that the peaceful settlement of the
conflict has no alternative.

FINNISH EVACUEES TO ARRIVE IN ESTONIA FROM GEORGIA

Newsroom Finland
12.8.2008 at 9:55
Finland

A total of seven Finns who have been evacuated from Georgia are to
arrive by plane in Tallinn, Estonia, on Tuesday morning and then
continue on to Finland, the Finnish foreign ministry told the Finnish
News Agency (STT) on Monday evening.

Estonia’s embassy in Georgia evacuated the Finns to the Armenian
capital Yerevan where they were put on a special flight for Estonian
citizens headed for Tallinn.

Finland does not have its own embassy in Georgia.

According to the Finnish foreign ministry, a couple of Finns left
Georgia on their own steam already during the weekend to escape the
conflict. Eight Finns have chosen to remain in the country, three
of them working for the Organisation for Security and Cooperation in
Europe (OSCE), of which Finland currently holds the chairmanship.

RA PRIME MINISTER TIGRAN SARGSYAN’S MESSAGE ON BUILDING-TRADE WORKER DAY

e_8/official_news_en.php?&date=1218222000
Satu rday, 9th of August, 2008

Dear Builders,

I warmly congratulate you on your professional holiday – Building-trade
worker day. This is a good opportunity to speak about your achievements
and problems, as well as to refer to future plans and programs.

I would like to underscore that as one of most dynamically
developing sectors, construction is a core branch of the national
economy. The Government highlights the design and implementation of
urban development programs targeting the sustained development of
populated areas countrywide, with "green engineering" being at the
heart of the home urban development efforts.

Owing to your contribution, new original and durable buildings are
being erected in the capital, while you may realize the importance of
ensuring favorable living and working conditions for our citizens
outside the capital either in terms of addressing the regional
development disproportions and achieving sustainable development for
all settlements throughout the country.

We will have to carry out important programs in the earthquake zone
where we intend to solve the housing problem of homeless families based
on the public-private sector partnership principle. The Government
will keep enhancing the quality of design and construction work in the
disaster zone, the capital city and other settlements of the Republic
through modernized engineering technologies and closer adherence to
international standards.

Dear Builders, I am confident that together with you we will succeed in
addressing all of the foregoing issues so as to offer to our citizens
and the emerging generations beautiful, convenient and up-to-date
habitations as part of the national architectural patrimony.

You have the mission of creating ever-lasting values, and I wish you
every success and inexhaustible energy.

ARMENIAN FOREIGN MINISTRY KEEPS ASSISTING DEPARTURE OF ARMENIAN CITIZENS FROM GEORGIA

arminfo
2008-08-11 13:00:00

ArmInfo. Armenian Foreign Ministry keeps assisting citizens of Armenia
to return from Georgia.

Armenian Foreign Ministry Department for Information and Press reports
that about 7500 citizens of Armenia were delivered to Armenia from
Georgia as of 10:00am on 11 August. Due to assistance of relevant
structures, about 2000 foreign citizens including diplomats and
employees of international organizations arrived in Armenia in a
facilitated regime.

No victims were registered among citizens of Armenia in Georgia as
of 10:00am on 11 August.

Twenty-four hour Hot Line service at the Foreign Ministry receives
over thousands of calls from Armenia and abroad, the source reports.

Tla?Ä?ov?Ã?¡ agent?Ã?ºra Slovenskej republiky (predplatn?Ã?©), Slovakia
Aug 10 2008

Special Charter Plane to Bring Slovaks Back From Georgia

Bratislava/Tbilisi, August 10 (TASR-SLOVAKIA) – Slovakia is to respond
to the conflict between Russia and Georgia in South Ossetia by sending
a charter plane to Georgia to bring its citizens home, SLOVAKIA was
told by Foreign Affairs Ministry press department director Igor Skocek
on Sunday.

The aircraft is due to depart for the Armenian capital Yerevan later
on Sunday, as the airport in the Georgian capital Tbilisi is currently
closed. Eleven Slovak citizens in Georgia have already expressed their
desire to leave.

The Foreign Affairs Ministry is in continual telephone contact with
Slovak citizens in Georgia and their relatives in Slovakia. A crisis
phone line was receiving calls all night, said Skocek.

A crisis-management meeting on the ongoing conflict in South Ossetia
chaired by Foreign Affairs Ministry State Secretary Olga Algayerova
was held at the ministry on Friday.

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