Armenia Banking Market Top Impacting Factors, Growth Opportunities and Business Development Strategies By 2027

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06-16-2020 10:02 PM CET | Business, Economy, Finances, Banking & Insurance

Armenia Banking Market


Allied Market Research published a new report, titled, “Armenia Banking Market By Sector (Retail Banking, Corporate Banking, and Investment Banking) and Type (Closed Joint-Stock Company [CJSC] and Open Joint-Stock Company [OJSC]): Opportunity Analysis and Industry Forecast, 2020-2027”.

The report has offered an all-inclusive analysis of the armenia banking market taking into consideration all the crucial aspects like growth factors, constraints, market developments, top investment pockets, future prospects, and trends. At the start, the report lays emphasis on the key trends and opportunities that may emerge in the near future and positively impact the overall industry growth.


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Key drivers that are propelling the growth of the market included in the report. Additionally, challenges and restraining factors that are likely to curb the growth of the market are put forth by the analysts to prepare the manufacturers for future challenges in advance.

The report presents in-depth insights into each of the leading armenia banking end user verticals along with annual forecasts to 2027. The report provides revenue forecast with sales, and sales growth rate of the armenia banking market. The forecasts are also provided with respect to the product, application, and regional segments of the market. The forecasts are issued to understand the future outlook and prospects of the industry.

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Top 10 leading companies in the armenia banking market are analyzed in the report along with their business overview, operations, financial analysis, SWOT profile and armenia banking products and services. The key players operating in the armenia banking industry include Ameriabank CJSC, ARARATBANK OJSC, ArmSwissBank CJSC, Converse Bank CJSC, HSBC Armenia, ID Bank, ACBA-CREDIT AGRICOLE BANK CJSC, ArmBusinessBank CJSC, Ardshinbank CJSC, and Inecobank CJSC.

Latest news and industry developments in terms of market expansions, acquisitions, growth strategies, joint ventures and collaborations, product launches, market expansions etc. are included in the report.

Access Full Summary @ https://www.alliedmarketresearch.com/armenia-banking-market

Key Benefits:
1. The report provides a qualitative and quantitative analysis of the current armenia banking market trends, forecasts, and market size from 2020 to 2027 to determine the prevailing opportunities.
2. Porter’s Five Forces analysis highlights the potency of buyers and suppliers to enable stakeholders to make strategic business decisions and determine the level of competition in the industry.
3. Top impacting factors & major investment pockets are highlighted in the research.
4. The major countries in each region are analyzed and their revenue contribution is mentioned.
5. The market report also provides an understanding of the current position of the market players active in the armenia banking industry.

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Highlights of the Report:
1. Competitive landscape of the armenia banking market.
2. Revenue generated by each segment of the armenia banking market by 2027.
3. Factors expected to drive and create new opportunities in the armenia banking industry.
4. Strategies to gain sustainable growth of the market.
5. Region that would create lucrative business opportunities during the forecast period.
6. Top impacting factors of the armenia banking market.

Armenia Banking Market Key Segments:
By Sector:
1. Retail Banking
2. Corporate Banking
3. Investment Banking

By Type:
1. Closed Joint-Stock Company (CJSC)
2. Open Joint-Stock Company (OJSC)

CHAPTERS DISCUSSED IN THE REPORT: [Total 90 Pages]
Chapter 1: Introduction
Chapter 2: Executive Summary
Chapter 3: Market Overview
Chapter 4: Armenia Banking Market, By Sector
Chapter 5: Armenia Banking Market, By Type
Chapter 6: Company Profiles

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Fwd: The California Courier Online, June 18, 2020

The California Courier Online, June 18, 2020

1 –        Armenian Patriarch Suggests Opening Greek

            Church for Christian and Muslim Worship

            By Harut Sassounian

            Publisher, The California Courier

            www.TheCaliforniaCourier.com

2-         Armenia Set to Extend State of Emergency, Signs of Pandemic
Stabilizing

3 –        AAF Airlifted $181,000 of COVID-19 Medicines, Medical
Supplies to Armenia

4-         SD Armenian Community Celebrates Blessing of New Sanctuary Foundation

5-         Dr. Sharon Anoush Chekijian receives Fulbright Award to
Republic of Armenia

*****************************************

******************************************

1 –        Armenian Patriarch Suggests Opening Greek

            Church for Christian and Muslim Worship

            By Harut Sassounian

            Publisher, The California Courier

            www.TheCaliforniaCourier.com

The recently elected Patriarch of Turkey, Sahak Mashalian, continues
his controversial public statements thus antagonizing the Armenian
community of Istanbul and Armenians worldwide. A few months ago he
made critical remarks regarding the resolution adopted by the U.S.
Congress recognizing the Armenian Genocide.

It is clear from the Patriarch’s statements that he wants to
ingratiate himself to Turkish authorities and particularly Turkish
President Recep Tayyip Erdogan. Our repeated advice to him not to
stick his nose in subjects that are not his responsibility has fallen
on deaf ears. He does not seem to understand that he needs to remain
quiet.

The whole world is aware of the controversy revolving around Pres.
Erdogan’s repeated statements to reconvert the Hagia Sophia historic
church to a mosque. In 1935, Ataturk had changed the status of the
mosque to a museum.

Erdogan’s statements had raised a worldwide controversy particularly
in Greece and among Greeks worldwide. Hagia Sophia was designated as a
UNESCO World Cultural Heritage site. Changing its status to a mosque
will certainly anger people around the world.

This is the controversy that the Armenian Patriarch has foolishly
dived into, just to please Erdogan. In recent days, there has been a
lot of criticism about the Armenian Patriarch’s controversial
suggestion.

Had the Armenian Patriarch any wisdom he would have first consulted
with the prominent members of the Armenian community in Istanbul
asking for their opinion. More importantly, he should have asked for
the advice of the Ecumenical Greek Patriarch Bartholomew of
Constantinople. Furthermore, has the Armenian Patriarch thought about
asking for the advice of Islamic leaders in Istanbul whether it would
be acceptable for them to practice their Islamic religion in the same
structure as the Christians? To our knowledge, there is no such site
in the world and the reason is that this is an unacceptable practice
for Muslims.

The Armenian Patriarch’s heretical suggestion would also antagonize
the Muslims in Turkey and President Erdogan. So much for the Patriarch
trying to ingratiate himself to the Turkish authorities!

Patriarch Mashalian is inadvertently supporting the change of the
status of Hagia Sophia from a museum to a mosque with a private area
set aside for Christian worshippers. The only thing the Turkish
authorities will conclude from the Patriarch’s statement is that he is
in favor converting the church to a mosque, ignoring his suggestion
that a corner of the mosque be allocated for Christian worship. How
would the Armenian Patriarch react if someday the Turkish government
decides to convert the Armenian Akhtamar church near Lake Van (now
officially classified as a tourist site) to a mosque, allowing a small
room for Christian worship?

To make matters worse, Patriarch Mashalian made his statement through
a series of tweets. I wonder what prompted him to use the twitter to
make such an announcement with serious consequences. “The Hagia Sophia
should be opened to worship,” he said, stating that it is big enough
for that purpose while suggesting a space for Christians. “Let the
world applaud our religious peace and maturity. May Hagia Sophia
become a symbol of the peace of humanity in our era.”

The Patriarch further stated that humanity was praying for such unity
and suggested sharing the dome of Hagia Sophia: “Even though our
faiths are different, don’t we believe in the same God?” Having been a
place of worship for Christians for 1,000 years and another 500 years
for Muslims, he stated that Hagia Sophia won’t mind it. “Hagia Sophia
was built with the labor of ten thousand workers at an astronomical
cost,” he said pointing out that for over 500 years numerous repairs
have been made on the iconic building by the Fatih Sultan Foundation.
He stressed that their aim was to preserve it as a place of worship,
“not just a museum.” He said it would be more fitting as a place of
worship where believers could kneel down in prayer in awe of the
structure, rather than a touristic site full of visitors rushing
around.” The Patriarch’s statement was immediately publicized by the
Turkish media.

The first harsh reaction to the Patriarch’s naïve suggestion came from
MHP (Nationalist Movement Party) leader Devlet Bahceli who ridiculed
the idea that “Hagia Sophia is a mosque on Friday and a church on
Sunday.”

The Hagia Sophia Cathedral is one of the most significant religious
sites particularly for Greeks. It was built in 537 AD by the Byzantine
Empire. It was the world’s largest building and an engineering marvel
of its time. Hagia Sophia was converted into an imperial mosque in
1453, following the Ottoman occupation of Constantinople, nowadays
Istanbul. The mosque was then converted to a museum in 1935 by
Ataturk’s decree.

There is an interesting historical Armenian connection to Hagia
Sophia. According to Wikipedia, “after the great earthquake of 25
October 989, which collapsed the Western dome arch, Emperor Basil II
asked for the Armenian architect Trdat, creator of the cathedrals of
Ani and Argina, to direct the repairs…. The extent of the damage
required six years of repair and reconstruction; the church was
re-opened on 13 May 994.”

We want to conclude by reassuring our Greek friends that the Armenian
Patriarch’s undesirable statement does not represent the wishes of the
Armenian people.

************************************************************************************************************************************************

2-         Armenia Set to Extend State of Emergency, Signs of Pandemic
Stabilizing

            By Raffi Elliott

YEREVAN—Armenian officials have expressed cautious optimism this week
that widespread adherence to new social distancing measures in
addition to frantic efforts by first responders may be slowing the
COVID-19 pandemic in the country. Prime Minister Nikol Pashinyan, who
himself only recently tested negative for the virus which he and his
family contracted a week ago, said on June 9 that while the situation
remains critical, there are signs that the pandemic is stabilizing.
“We may have lived through hell, but just might have avoided a
humanitarian crisis.”

As of June 15, Armenia has registered a total of 17,064 cases of
COVID-19 since the crisis began, while the number of active cases
stands at 10,409. The total number of deaths due to the novel
coronavirus stands at 285.

Armenia has been the hardest hit country in the Caucasus as the virus
began spreading rapidly in the month since strict lockdown measures on
commercial activity were lifted on May 4, causing health officials to
raise the alarm about swiftly dwindling hospital capacity. The country
ran dangerously close to that point last week when Health Minister
Arsen Torosyan announced that nearly all available beds had been
filled and that one would-be-patient succumbed to the virus before he
could be reached by emergency crews—the first such case since the
pandemic began.

According to the Armenian Health Ministry, the situation at hospitals
has been alleviated somewhat, thanks in part to frantic efforts to
expand hospital care capacity. Regional hospitals across the country
are freeing hundreds of beds, while an additional 50 ICUs have also
come online at Yerevan’s Armenia Medical Center and St. Astvatsamayr
Medical Center. Torosyan announced that at least 200 more ICUs are
expected to come online at various hospitals in Yerevan by the end of
the month. These new spots are being staffed by newly retrained
medical personnel, supplemented by specialist volunteers from the
Diaspora. Efforts are being made to fill in the gaps of the country’s
chronically-underfunded polyclinic system, which is now expected to
bear the brunt of care for self-isolating cases. Armenia has also
received medical aid from Estonia and Lithuania, while neighboring
Georgia––which has one of the world’s lowest case rates so far––also
formally offered assistance.

Torosyan, however, warned citizens on Facebook Live against
celebrating too early. “The situation still remains critical, and we
won’t be able to tell for sure whether the virus is receding for a few
more days.” He urged citizens not to fall into a false-sense of
security and maintain strict adherence to social distancing
guidelines.

However, the government’s public health outreach has received
criticism for its inconsistent messaging. Videos depicting the Health
Minister advising against mask use back in March have circulated on
Armenian social media. The Health Ministry responded that this was
mostly due to changes in the World Health Organization’s
recommendations, which Armenia has been following quite closely.
However, the message now remains the same: citizens are required to
wear masks when in public (especially when entering places of
business), maintain a reasonable distance and wash hands regularly.
The government has repeatedly defended the decision to avoid using
excessive force to enforce guidelines following the lockdown, arguing
for civic responsibility and strict adherence to social distancing
guidelines. A campaign led by Pashinyan to shame businesses and
individuals on social media for not respecting the guidelines did
garner criticism as well as vigorous debate online. “What do you
expect me to do? Send in the riot cops on people for not wearing
masks?” Pashinyan asked rhetorically during a Facebook Live broadcast
on June 3. “That’s not my style. The only way to beat this virus is
through understanding and mutual respect.”

In Armenia over the weekend, special attention was paid to applying
stricter guidelines on crowding in front of businesses or offices.
Supermarkets, banks and post offices were among the few ‘essential’
businesses allowed to operate throughout the lockdown and continue to
draw significant patronage as they remain, for many people, the only
way to receive social assistance pensions, pay utilities or purchase
supplies. The policy of restricting access to banks to one patron at a
time was criticized for causing congestion at their entrances, which
Pashinyan has even suggested as a source of at least some recorded
transmissions.

Squares have now been painted on the sidewalk in front of these
establishments to help maintain social distance. However, in order to
reduce reliance on physical displacement to these stores, the
government has been encouraging e-commerce alternatives as well as
digital banking and utility payments. The Central Bank and the
Ministry of Social and Labor Affairs are also working with many banks
to open accounts for many pensioners who still don’t have any, in
order to deposit pension payments digitally.

Country Director of the Asian Development Bank (ADB) in Armenia, Paolo
Spantigati praised Armenia’s economic response to the pandemic during
an interview with Civilnet, saying, “We see that the government is
really trying to address both the supply side and demand side with
this important package of initiatives totalling $300 million or 0.2
percent of GDP, which is a very good response.” The ADB adjusted its
economic outlook for Armenia from a two percent growth back in April
to a 3.5 percent concentration. “This is still much better than the
rest of the region which will experience an economic recession of
between six to nine percent,” Spantigati explained. The ADB is among
several international donors and lenders including the US, the
European Union and the European Bank of Reconstruction and
Development, which has provided financial and technical assistance to
Armenia’s economic response with special zero interest loans aimed at
reviving some of the businesses expected to be most affected by the
global recession including the tourism industry, hospitality and
export-oriented enterprises.

This article appeared in The Armenian Weekly on June 10, 2020.

************************************************************************************************************************************************

3 –        AAF Airlifted $181,000 of COVID-19 Medicines, Medical
Supplies to Armenia

GLENDALE—Armenia Artsakh Fund (AAF) delivered an air shipment of
COVID-19 medicines and medical supplies valued at $181,000 to Yerevan,
Armenia on June 12, 2020. This shipment will cover treatment of 1,500
patients in the country.

During the first five months of 2020, AAF also delivered $6 million of
humanitarian assistance to Armenia and Artsakh. Of this amount, the
AAF collected $5.8 million of medicines and other supplies donated by
Americares ($5 million) and Direct Relief ($741,000).

Other organizations which contributed valuable goods during this
period were: The Howard Karagheusian Commemorative Corp. ($76,000);
Project Agape ($40,000); Armenian Educational Benevolent Union
($36,000).

The medicines and medical supplies donated during this period were
sent to the AGBU Claudia Nazarian Medical Center for Syrian Armenian
Refugees in Yerevan, Arabkir United Children’s Foundation, Avak
Medical Center, Fund for Armenian Relief, Metsn Nerses Charitable
Organization, Muratsan Children’s Endocrinology Center, St. Grigor
Lusavorich Medical Center, and the health ministries of Armenia and
Artsakh.

In the past 31 years, including the shipments under its predecessor,
the United Armenian Fund, the AAF has delivered to Armenia and Artsakh
a grand total of $897 million worth of relief supplies on board 158
airlifts and 2,470 sea containers.

“The Armenia Artsakh Fund is regularly offered free of charge millions
of dollars of life-saving medicines and medical supplies. All we have
to do is pay for the shipping expenses. We welcome your generous
donations to be able to continue delivering this valuable assistance
to all medical centers in Armenia and Artsakh,” said AAF President
Harut Sassounian.

[email protected].

**********************************************************************************************************************************************

4-         SD Armenian Community Celebrates Blessing of New Sanctuary Foundation

SAN DIEGO—On Sunday, May 31, His Eminence Archbishop Hovnan Derderian,
Primate of the Western Diocese of the Armenian Church of North
America, officiated the blessing of the foundation of the new
sanctuary in San Diego, California.  Very Rev. Fr. Pakrad Berjekian,
Parish Priest, Archpriest Manoug Markarian, and Archpriest Datev
Tatoulian also took part in this joyous ceremony.  The service also
featured the voices of Deacons Yerevan Ohannessian and Levon Parsegov,
and choir members, led by choirmaster Nishan Chadergian.

Against the backdrop of picturesque landscape and warm sunshine, this
ancient rite consisted of blessing the site of the new church as well
as anointing and laying of the foundation stones that were carved with
Armenian crosses.  The sanctuary’s generous benefactor, the
Israelian/Butterfield family, was unable to attend, but will be
individually honored and celebrated at the consecration ceremony in
about a year’s time.

Sixteen godfathers placed the stones at the 16 pillars of the
foundation, each representing a different Apostle and the evangelists
of the Holy Gospels. The godfathers were named because of their
generous stewardship of the Bridge to the Future project, which began
in 2010 as a multi-year capital campaign to build a new church campus
near Del Mar.

The godfathers were Khoren & Kathy Kassardjian, Paul & Rosemarie
(deceased) Kalemkiarian, represented by Honorable Sharon L.
Kalemkiarian , Alan & Mireille Yaghdjian, Carol Vassiliadis
represented by Khoren Kassardjian, Gary (deceased) & Ilse Takessian,
David & Annie Malcolm, represented by Kathy Kassardjian, Armen & Sevan
Derderian, John & Cynthia Andonian, Jim & Jane Sahagian, Paul Esajian,
represented by Karen Esajian, Jack (deceased), Garo & Nina Hachigian,
Berge & Terry Minasian, Harry & George Krikorian, Noubar & Maida
Markarian, Steven & Lisa Kradjian, and Jim & Beth Broussalian.
Godfather of the Altar were Jack & Maro Kalaydjian, represented by
Very Rev. Fr. Pakrad Berjekian.

In his welcoming remarks, Dr. Robert Aboolian, Parish Council
Chairman, stated, “Our generation has been working hard and will
continue along this path to complete the construction of this church
campus. But remember, the purpose of our endeavors is to leave a
legacy for the generations to come. Today, we see the first fruits of
our community’s efforts, dedication, and selfless dedication towards
this project. Our parishioners and spiritual leaders have demonstrated
that they can work well together for the greater good of our church
and community, so I am very optimistic about the future of this
project.”

In his keynote speech, Archbishop Derderian said, “This historic day
is the reflection of our Christian faith and witness to the vision of
our ancestors, for their life’s journey has been with God, a journey
of resilience and resurrection, a journey looking beyond the horizons.
This historic ceremonial rite is an act, which strengthens our faith
in God and our bond with the history of our nation, and is a bridge of
our lives to the future.  I wholeheartedly congratulate you as you
launch the start of this monumental project. Be not afraid for the
Lord will guide you and protect us all as long as we stay united in
our prayers.  I salute all the Godfathers and all those who have taken
an active and leading role in this project. God, our Lord, will
strengthen the foundation of our new house of worship through your
dedication.”

Closing the short program, Rev. Fr. Berjekian commented, “A decade of
hard work by our enthusiastic community and supporters throughout the
Diocese brings us to this momentous occasion. It is indeed gratifying
to know that future generations of our community will have a beautiful
and blessed sanctuary in which to connect with their Lord and Savior
Jesus Christ. Today, we move closer to the completion of this new
edifice ensuring that future generations of our children and
grandchildren will have an opportunity to be baptized and wedded in
the heart of their mother church. With God’s blessings we will soon
witness the physical manifestation of our new and glorious sanctuary.”

The Bridge to the Future project dates back to 2008 when the Trust
Fund Committee of St. John Garabed Armenian Church purchased close to
14 acres of premium property in San Diego, California. In October
2014, the Conditional Use Permit was granted by the City Planning
Commission, and in January 2016, the Coastal Commission approved
construction of the site. In 2017, the project was taken over by the
newly-formed Building Committee to oversee and facilitate the
construction phases.  Thanks to a very generous donor, an additional 4
acres of adjacent property was donated to expand the footprint of the
campus.

When completed, the campus will feature a sanctuary designed to
resemble St. Hripsime in Etchmiadzin, elegant social hall, youth
center and gymnasium, education and cultural building with classrooms
and a library, Armenian Heritage Park, picnic and meditation spaces,
and abundant parking.  Situated less than a mile from the ocean and
just east of the Del Mar Fairgrounds, this valuable, 18-acre property
promises to become the jewel of the Western Diocese and a destination
for Armenians worldwide.  The new property is located at 13860 El
Camino Real in the City of San Diego between Del Mar Heights Rd. and
Via de la Valle.

For more information, visit www.stjohngarabed.com.

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5-         Dr. Sharon Anoush Chekijian receives Fulbright Award to
Republic of Armenia

The Yale Department of Emergency Medicine (DEM)  announced that Sharon
Anoush Chekijian, MD, MPH, has received a J. William Fulbright U.S.
Scholar Program award for her work in emergency systems and curricular
development in the Republic of Armenia.

Dr. Chekijian will base her work, conduct research and lecture at the
American University of Armenia (AUA), as part of a project to
establish a post-graduate program in emergency medicine, to expand and
develop emergency services, and to perform research capacity building
in emergency services provision and evaluation.

Along with the AUA, the National Institutes of Health of Armenia and
the Yerevan Municipal Ambulance Service, she intends to develop a
comprehensive plan to improve emergency care for citizens of and
visitors to the Republic of Armenia. Dr. Chekijian has previously
worked in Armenia in the areas of organ transplantation,
cardiopulmonary resuscitation, traffic safety, and stroke program
development as part of the Stroke Initiative Advisory Task-Force for
Armenia (SIATA). Internationally, Dr. Chekijian has also served as a
consultant for the World Bank, the U.S. Department of State and USAID.

One of a hand-selected group of U.S. citizens who will teach, conduct
research, and/or provide expertise abroad for the 2020-2022 academic
years through the Fulbright U.S. Scholar Program, Dr. Chekijian is
excited about the opportunity to transfer knowledge and strategies
gained from implementing successful projects in the U.S. to Armenia.
“We know that emergency medical systems development is key to
addressing and reducing mortality in a variety of acute conditions
such as heart attacks, strokes and trauma. The current pandemic has
reinforced the importance of a robust emergency response system.
Armenia has become a center for the tech industry as well as tourism.
The improvement of emergency medicine will be a major contributor to
ongoing development in these areas. Having a dedicated group of
emergency medicine trained doctors in Armenia will mean we can expect
a multiplier effect on the healthcare of the country. I am excited to
work as part of a team dedicated to making this happen in Armenia and
at the Yale Department of Emergency Medicine.” Dr. Chekijian said.

A “renaissance” clinical scientist, Dr. Chekijian has multiple roles
in the DEM, at Yale and with national and international organizations.
Clinically, she works as a supervising physician, caring for patients
in three extremely high-volume emergency departments.
Administratively, she is the Medical Director for the Emergency
Medicine Physician Associate and Nurse Practitioner (PA/NP) group, the
inaugural Medical Director for the Yale New Haven Hospital PA/NP
Residency Program, which she developed, she is a faculty Member in the
Division of Global Health and International Emergency Medicine,
Medical Director of Patient Experience and Chair of the Patient
Experience Forum. She is involved nationally as the Chair of the
Society of Academic Medicine’s (SAEM) Academy of Women in Academic
Medicine’s awards committee as well as the Chair of SAEM’s APP Medical
Director’s interest group and SAEM Board of Directors’ Advance
Practice Provider’s Task Force. She has also been nominated as Lead
Ambassador to Armenia from the American College of Emergency
Physicians.

An excellent administrator, educator and global researcher, Dr.
Chekijian is uniquely poised to enhance emergency medicine development
in Armenia. “Dr. Chekijian demonstrates an outstanding spectrum of
experience, professionalism, sensitivity and dedication for her work”
says DEM Chair, Dr. Gail D’Onofrio. “As the founder of our highly
successful PA/NP residency program, now graduating its fifth class, I
am confident that her expertise, compassion, dedication and
determination will achieve similar results in Armenia, advocating for
physicians who would like to practice emergency medicine and improving
healthcare practices. Using internationally recognized guidelines and
standards for emergency systems development, her project promises to
have an enormous impact on emergency care in Armenia. Our department
is proud to support Dr. Chekijian’s work.”

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, or by phone, (818) 409-0949.

Pashinyan presents in which case Armenia would consider lifting state of emergency

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 14:40,

YEREVAN, JUNE 12, ARMENPRESS. Armenia will think about lifting the coronavirus-related state of emergency when the spread index of the virus will fall from 1 (now it is 1.38), Prime Minister Nikol Pashinyan said at the special session in the Parliament convened for debating the issue of extending the state of emergency.

Pashinyan presented versions only in case of which the statement of emergency will be lifted: “The first version – a vaccine has been created, its effectiveness has been approved, we imported it and starte mass vaccination process, or a medicine has been found. The second version – we have recorded that the maintenance of anti-coronavirus rules leads to constant decline in the new cases. For instance, if we witness a decline in cases for two weeks, if the daily cases reach 150,100 and lower, it will allow us to know that there is no need anymore to continue the state of emergency”, the PM said.

He said the decline in cases for 10 days in a row will give them trust.

“This is a novel coronavirus, the knowledge of humanity, all of us about this virus still continues developing. Therefore, as a result of long attempts, mistakes and failures we found the formula which should guarantee us to keep the numbers under control that is to wear a face mask, keep a social distance and disinfect hands”, he said.

According to the latest data, the number of confirmed coronavirus cases in Armenia has reached 15,281, out of which 5,639 patients have already recovered. The number of active cases stands at 9,298. The death toll has risen to 258.

The government today extended the coronavirus-related state of emergency for another month, until July 13, 17:00.

Reporting by Anna Grigoryan; Editing and Translating by Aneta Harutyunyan

Armenia Constitutional Court President refuses to receive bonuses

News.am, Armenia
June 9 2020

17:29, 09.06.2020                           

President of the Constitutional Court of Armenia Hrayr Tovmasyan has refused to receive bonuses. This is what Chief of Staff of the Constitutional Court Edgar Ghazaryan said during a discussion on the performance of the 2019 State Budget, responding to deputy of the My Step faction Arusyak Julhakyan’s question on the amount of bonuses and surcharges that the judges of the Constitutional Court have received.

“The salaries of the judges and the amounts of their surcharges are prescribed by law, and they differ in terms of a particular judge’s work experience. As in the case of other state bodies, the bonuses of the Court’s judges are also in the amount of 30% of the fund for total salaries, and the Constitutional Court has paid the salaries in the amount of 28.6%. The bonuses are paid under the order of the President of the Constitutional Court. As a rule, the Court tries to pay everyone in the amount of 30%, but the President has refused to receive bonuses for a long time now. Recently, an exception was made for Vahe Grigoryan due to the fact that he doesn’t attend the Court’s sessions,” Ghazaryan said.

Chief of Armenia’s Police describes actions of police officers legal

Aysor, Armenia
June 5 2020

The legality of actions of the police officers who apprehended the citizen for not wearing mask will definitely be viewed, chief of Armenian police Arman Sargsyan told the reporters today, adding though that he considers them legal as their demand was just keeping the commandant’s rules.

“The citizen who rebels the coexistence rules and provokes police officers to be engaged in something, the police officers in this case are acting in a right way. If they apply same actions against a person who has not done anything, the police officer will be punished for humiliating a person. At the same time the police officers have an authority to use force by the law and where they find it necessary to use force they will use it,” the chief of the police said.

Armenian PM unveils plans for changes at State Revenue Committee

Panorama, Armenia
June 5 2020

Armenian Prime Minister Nikol Pashinyan unveiled plans for changes at the State Revenue Committee (SRC) and the whole system in general as he was addressing lawmakers remotely from his residence during the initial debates on the annual report on the execution of the 2019 state budget.

He said that State Revenue Committee Chairman David Ananyan will no longer hold the post, thanking him for his work.

“Our government has been fortunate enough to function in historic times,” he said, noting that 2018 was historic in terms of the revolution, 2019 was historic in economic terms, while 2020 is historic due to the coronavirus pandemic.

He called on MPs not to make hasty conclusions on the economic and other challenges of 2020, stating it’s too early to sum up the gains and losses at the moment.

David Ananyan stepped down as SRC Chairman on Thursday, without giving any reasons for his resignation. 

Turkish Press: Armenian group hails arrest of Istanbul church attacker

Anadolu Agency, Turkey
June 3 2020
Armenian group hails arrest of Istanbul church attacker

Kubra Kara   | 03.06.2020

ISTANBUL

The head of an Armenian group on Wednesday praised the arrest and remand of a man who vandalized one of the community’s churches in Istanbul last month.

“The arrest of the attacker relieved our society,” Bedros Sirinoglu, head of the Armenian Foundations Union, said in a statement.

On May 23, a suspect, identified as Mazlum S., dismantled a cross outside an Armenian church in Istanbul’s Anatolian Kuzguncuk neighborhood.

He was arrested a few days later and remanded in custody by an Istanbul court on May 30.

Sirinoglu thanked Turkish President Recep Tayyip Erdogan, the Directorate of Communications, and the Interior Ministry for the “meticulous work” that ensured the attacker’s arrest.

He also praised a recent Turkish law on properties of non-Muslim minority communities: “The Armenian community has achieved significant gains thanks to the law, especially regarding the return of foundation goods, which has come into force in recent years.”

In 2015, Turkey announced the return of more than 1,000 properties that once belonged to non-Muslim minorities, the largest restitution in the country’s history.

In recent years, the Turkish government has stepped up efforts to restore and open churches and synagogues, including many that have been closed for over a century.

*Writing by Handan Kazanci

Armenia continues to suffer skyrocketing COVID cases – including the prime minister

EurasiaNet.org
June 2 2020
Ani Mejlumyan Jun 2, 2020

Singapore-based university revises predictions on coronavirus end date for Armenia

Panorama, Armenia

The Singapore University of Technology and Design (SUTD) has announced that their predictions about the end date of the coronavirus disease (COVID-19) in specific countries, including Armenia, have been revised.
It is noted that all previous research models that used the SIR (susceptible-infected-recovered) model descriptions on the spread of infectious diseases and data of coronavirus cases have been removed from the website of the university.

The experts have examined data received from 131. According to the initial prediction by the Singapore-based university, COVID-19 100 per cent may end in Armenia in August 2020.

To remind, Armenia has confirmed total number of 3,392 coronavirus cases in the country as of 11 a.m. Monday, May 11.

Azerbaijani press: Azerbaijani MP: Armenian leadership voices unfounded statements one after another

BAKU, Azerbaijan, May 5

Trend:

The statements of Minister of Foreign Affairs of Russia Sergey Lavrov on the Karabakh conflict recently became the most frequently discussed topic in the political circles of Armenia, Head of the Azerbaijani community of the Nagorno-Karabakh region of Azerbaijan, MP Tural Ganjaliyev said, Trend reports.

In this regard, the Armenian leadership and the representatives of the illegal regime created on the occupied territories of Azerbaijan, one after another, voice unfounded statements, Ganjaliyev noted.

Being the legally elected representative of the Nagorno-Karabakh region of Azerbaijan, Ganjaliyev emphasized that such statements do not mean anything and serve only as a cover for the fact of Karabakh’s occupation by Armenia.

In any case, the conflict will be resolved in accordance with Article 11 of the Constitution of Azerbaijan, which states that the territory of Azerbaijan is one, inviolable and indivisible, he said.

“Armenia and those in the occupied territories can say anything, but the opinion of the international community on the settlement of the Armenian-Azerbaijani conflict plays a key role, and the international community has taken a fair and tough stance against the aggressive policy of Armenia. This position is reflected both in resolutions of the UN Security Council, numerous international organizations, and in the sharp reaction of the world community in connection with the so-called “elections” recently organized by Armenia in the occupied territories of Azerbaijan. Because of the occupation of Azerbaijan’s territories, Armenia was left alone on the international arena,” said the MP.

“Apparently, with such unfounded statements, Armenia and its servants in the occupied territories are trying to reassure the domestic audience. However, the internationally recognized territorial integrity of Azerbaijan, the withdrawal of Armenian troops from the occupied territories and the return of internally displaced persons (IDPs) to their lands, will be the key points of any solution to the conflict,” said Ganjaliyev.

“The Armenian army is not and cannot be a “guarantor of security” of the Armenian community of the Nagorno-Karabakh region of Azerbaijan. The Armenian community of Nagorno-Karabakh is well aware of this, and if they are interested in achieving peace in the region, then together with us they must demand the withdrawal of Armenian troops from the occupied territories of Azerbaijan,” said the MP.

“Azerbaijan’s efforts for resolving the conflict peacefully, contrary to all military and political capabilities, is an indicator of the high appreciation that the state gives to human life. Azerbaijan’s peaceful actions are also an indicator of respect for the peace-support mission of the OSCE Minsk Group,” Ganjaliyev added.

“We, the Azerbaijani community of the Nagorno-Karabakh region of Azerbaijan are confident that the conflict will be resolved soon, and our violated rights will be restored. Together with the Armenian community of Nagorno-Karabakh, we will live in peace, enjoying the exceptional benefits of Azerbaijani citizenship,” the MP emphasized.