Armenian PM: Armenia Intends To Direct About $30 Million Of Russian

ARMENIAN PM: ARMENIA INTENDS TO DIRECT ABOUT $30 MILLION OF RUSSIAN CREDIT TO DEVELOPMENT OF SMALL AND MEDIUM ENTREPRENEURSHIP

ArmInfo
2009-05-21 13:16:00

ArmInfo. Armenia intends to direct about $30 mln of the Russian
credit of $500 mln, signed on May 20, to development of small and
medium entrepreneurship, Prime Minister of Armenia Tigran Sarkisyan
said at the government session Thursday.

According to him, these funds ($30 mln) will be granted to the
government-created Small and Medium Entrepreneurship Development
National Center National Center (SME DNC) which, in its turn, creates
a credit organization for SME crediting Moreover, part of the Russian
credit funds will be given to the mortgage company to be created by
Armenia’s Central Bank. (Ed. – CB brings in 5 bln drams from the
state budget as an initial contribution in the authorized capital
of the mortgage company). These events will allow to mitigate the
consequences of the global economic crisis, the premier said.

To recall, Russia signed an agreement with Armenia on May 20 on
extension of credit to the sum of $500 mln. On the part of Russia,
the document was signed by vice Prime Minister, Finance Minister of
Russia Aleksey Kudrin and on the part of Armenia – by Finance Minister
of Armenia Tigran Davtyan.

The credit is extended at LIBOR+3% rate, that currently meets about
4% per annum. The credit is extended for 15-year period. Moreover,
a 5-year period of grace has been envisaged for payment of the
principal debt.

Eurovision 2009: Azerbaijan Voted For Armenian Representatives

EUROVISION 2009: AZERBAIJAN VOTED FOR ARMENIAN REPRESENTATIVES

/PanARMENIAN.Net/
19.05.2009 18:00 GMT+04:00

During Eurivision 2009 contest, Azerbaijan voted for Armenian singers
Inga and Anush Arshakyans, Thomas Niedermayer, representative of
German Digame mobile company told a PanARMENIAN.Net correspondent,
noting at the same time that he was entitled to specify the exact
number of votes received from Azerbaijan.

Mr. Niedermayer also said that Armenian Public Television reported
to the company that the screen part displaying number for voting in
favor of Armenian singers was closed during Eurovision 2009 contest. He
also added that the information is currently being verified.

Digame company is a subsidiary of German T-Mobile network, offering
large-scale services of telephone and SMS voting.

European Biggest Cake Factory "Marlenka" Opens In Czechia

EUROPEAN BIGGEST CAKE FACTORY "MARLENKA" OPENS IN CZECHIA

AZG Armenian Daily
19/05/2009

Armenia-Czechia

Gevorg Avetisian’s cake recorded in the Guinness Book of Records By
Hakob Asatrian, Czechia, translated by L.H.

The opening ceremony of the European biggest cake factory of honey
cakes took place on May 15 in Fridek-Mistek, Czechia. The cake
factory is well-known with its "Marlenka" cake made by traditional
Armenian recipe.

Armenian businessman Gevorg Avetisian started his cake business 6
years ago, and today his cakes are in popular demand in 14 European
countries – Czechia, Slovakia, Hungary, Poland, Germany, France,
Austria, England and other countries.

Well-known Czech artist and TV announcer Yan Chenski was the announcer
of the ceremony. "Six years ago when we started the production
of "Marlenka" we didn’t have an idea that we would have all of
these. Opening of the new cake factory will give an opportunity not
only to improve our product’s quality but also enlarge its quantity to
120.000 monthly", the owner of the cake factory Gevorg Avetisian said.

The Mayor of Fridek-Mistek, Armenian Ambassador to Austria, Czechia,
Slovakia and Hungary Ashot Hovakimian and Head of the Embassy’s
Prague office Ashot Voskanian delivered speeches and congratulated
Gevorg Avetisian.

The primate of the Armenian Apostolic Church in Czechia Barsegh
Pilavchian blessed the cake factory.

The ceremonial cake "Marlenka" (height: 85 cm, width: 2,90 m,
length: 2,90 m, weight; 1106 kg ) was presented to the honorable
guests. The cake was made in three days. After the measurements
of the representative of the Guinness Book of Records in Czechia,
the cake "Marlenka" was officially recorded in the Guinness Book of
World Records.

The opening of the cake factory "Marlenka" really became a vivid
symbol of Armenian-Czech cooperation.

RPA Member Artak Davtian Elected Chairman Of NA Standing Committee

RPA MEMBER ARTAK DAVTIAN ELECTED CHAIRMAN OF NA STANDING COMMITTEE

Noyan Tapan
May 18, 2009

YEREVAN, MAY 18, NOYAN TAPAN. On May 18, the RA National Assembly by
secret ballot elected Artak Davtian Chairman of the Standing Committee
on Science, Education, Culture, Youth, and Sports Affairs. He is a
RPA faction member and a member of the Committee on State and Legal
Issues. Artak Davtian on that post replaced RPA member Armen Ashotian,
who was appointed RA Minister of Education and Science on May 12.

According to RPA member Gagik Melikian, the Chairman of the NA Ad
hoc Calculation Commission, 108 of 131 NA deputies took part in voting.

102 deputies voted for A. Davtian and 6 deputies voted against.

EBRD Discussing Raising Capital

EBRD DISCUSSING RAISING CAPITAL

/PanARMENIAN.Net/
19.05.2009 10:52 GMT+04:00

/PanARMENIAN.Net/ The European Bank for Reconstruction and
Development’s board of governors is willing to discuss raising capital.

The former communist countries in Europe and central Asia that the
London-based EBRD invests in are struggling through the deepest
recession since shaking off communist regimes. The financial crisis
that left banks with more than $2 trillion in losses worldwide has
led to a dearth of credit and investment in the region.

EBRD President Thomas Mirow called on governors to start addressing
the bank’s capital needs as part of talks on its medium-term strategy
for the period between 2011 and 2015. The board should reach a decision
when the bank holds its next annual meeting in Zagreb a year from now,
he said.

"There have been, as I had hoped for, some preliminary debates about
what is the sustainable business volume for this bank, how do we cope
with risks, and what should this mean in terms of a possible capital
increase," Mirow told reporters today.

"In this field, we didn’t have all shareholders on the same line"
with some preferring to stay within the existing capital limits,
he said, adding that "there was no divisive debate."

Quizzed about the capital requirements of the EBRD, Mirow replied
that the bank could invest between 7.0-8.0 billion euros (9.4-10.8
billion dollars) both this year and next year.

The EBRD, which has a capital base of 20 billion euros, will decide
whether to alter its capital levels at the bank’s next annual meeting
in Zagreb, Croatia, on May 14-15, 2010.

Investors Inject $20 Million Into Armenia’s Bitumen Mixing Plant

INVESTORS INJECT $20 MILLION INTO ARMENIA’S BITUMEN MIXING PLANT

ARKA
May 18, 2009

YEREVAN, May 18. /ARKA/. Investors have earmarked $20mln in Armenia’s
air-refined asphalt and bitumen mixing plant in Ararat region.

Armenia owns 45% of the plant’s shares, with Russia holding the
rest of 55%, Nelly Voskanyan, general director of the enterprise,
said last Friday at the opening of the plant.

Armenia’s President Serzh Sargsyan, RA Deputy Prime Minister Armen
Gevorgyam and his Russian counterpart Sergey Ivanov, as well as
Russia’s Ambassador to Armenia Nokolai Pavlov participated in the
official ceremony of the plant’s opening.

Russia’s Voldogonsk-based ONYX plant contributed to the technical
design of the plant and manufactured equipment, carried out balancing
and commissioning and contract supervision.

According to Voskanyan, the plant annually needs 100,000 tons of
atmospheric crude oil or 45,000 tons of oil tar.

The plant will output some 43,000 tons of bitumen, 40,000 tons of
heating oil and 6,000 tons of diesel distillate with 330-day annual
operations.

"Surveying Armenia’s bitumen imports market, we may assume that the
plant will completely satisfy local demand," Voskanyan was quoted
saying.

She pointed out that Armenia knows little about heating fuel, adding
the product would mainly be exported abroad.

"Using heating oil for boiler plants and households, regions that
cut wood s for heating reasons will avoid environmental problems,"
Voskanyan added.

Russia started the first supplies of raw tar oil last Thursday, with
the next shipment being scheduled for late May. During the upcoming
four months, the plant will carry out technical processing.

"We need another two months to elaborate technology to become
competitive in the global market and be in line with international
standards," the plant’s general director said.

The Surenavan-based petroleum storage depot was established in the ’80s
to provide Armenia will oil products. In 1996, ABIT (Armenian bitumen)
Ltd, owned by Lavarden Ltd, Bonvarren Ltd, Mika Ltd and LL Bamo Ltd,
procured the depot to reconstruct it and built an air-asphalt and
bitumen-mixing plant in near the depot. Respromproekt carried out the
plant’s reconstruction, while Intercanal Ltd supervised construction
and assembly operations. Ten subcontractors were involved in the
plant’s construction, with 400 people working on it.

The plant is supplied with a state-of-the-art laboratory and pilot
equipment.

Sergey Ivanov: Russia Key Investor In Armenia

SERGEY IVANOV: RUSSIA KEY INVESTOR IN ARMENIA

ArmInfo
2009-05-16 11:40:00

ArmInfo. Russia is the key investor in Armenia at present, Russian
Vice Premier Sergey Ivanov told media in Yerevan on Saturday.

He said Russia’s aggregate direct investments in economy of Armenia
totaled $1.8 billion. He said nearly 1000 companies with Russian
capital operate in Armenia. ‘Almost all the big Russian companies are
represented in Armenia, including Russian Railways’, Sergey Ivanov
said during his visit to the Armenian subsidiary of Russian Railways-
South Caucasian Railway (SCR). He said the company plans to make
2.7 billion rubles aggregate investments in Armenia in 2009. ‘The
Russian Railways is able to make such investments despite the crisis
in economy’, he said. Sergey Ivanov said the investments will be
first of all used to restore the railway equipment. ‘The Armenian
railway should be put right and there is still much do be done to
restore the railway equipment’, the vice premier said.

Sergey Ivanov said he arrived in Yerevan on a working visit to discuss
further prospects of development of economic relations between Armenia
and Russia. During his meeting with Armenian Prime Minister Tigran
Sargsyan Friday, S. Ivanov discussed the prospects of development
in the sphere of transport, high technologies, energy, as well as
activation of the Armenian enterprises transferred to Russia in
exchange for Armenia’s state debt. The sides also discussed the
route of Caucasus- Poti-Caucasus railway cargo transportation and
Novorossiysk-Poti-Novorossiysk auto-ferry.

ANC Demonstrators Singing First Republic’s Songs

ANC DEMONSTRATORS SINGING FIRST REPUBLIC’S SONGS

/PanARMENIAN.Net/
15.05.2009 22:31 GMT+04:00

/PanARMENIAN.Net/ Armenian National Congress supported gathered for
a rally in Yerevan today.

ANC coordinators Levon Zurabyan, David Shahnazaryan, People’s Party
leader Stepan Demirchyan addressed the demonstrators. An audio address
by Haykakan Zhamanak editor Nikol Pashinyan was also presented.

In his speech, ANC leader Levon Ter-Petrosyan labeled the authorities’
policy on Karabakh conflict and Armenian-Turkish relations as failure.

"Turkey wants Karabakh and will get it. President Serzh Sargsyan sold
Karabakh on May 8 in Prague," he said.

Serzh Sargsyan can save the situation only if he consolidates the
nation, releases political prisoners and starts dialogue with the
opposition, according to Ter-Petrosyan.

After the rally, the oppositionists marched down Mashtots avenue,
singing the songs of the First Republic, when Dashnaktsutyun was
in power.

ANKARA: Supreme Court Allows Compensation Claims Against Orhan Pamuk

SUPREME COURT ALLOWS COMPENSATION CLAIMS AGAINST ORHAN PAMUK

BIA Magazine
May 15 2009
Turkey

Although a criminal case against him was dropped, the Supreme Court
has decreed for the second time that people can claim compensation
from the writer.

Orhan Pamuk faced a trial under the controversial Article 301 after
saying "30,000 Kurds and one million Armenians were killed on this
soil" in an interview in Switzerland. He was accused of "denigrating
Turkishness". The Ministry of Justice withheld permission for
prosecution, so the case was dropped.

The criminal case was dropped, yet he still faces compensation claims.

Six people filed compensation claim Pakize Alp Akbaba, president of the
Istanbul Mothers of Martyrs Solidarity and Support Association, lawyer
Kemal Kerincsiz, himself now a detained defendant in the Ergenekon
trial, and four other people have demanded 36,000 Liras compensation.

The Å~^iÅ~_li 3rd Civil Court of First Instance in Istanbul has twice
rejected the compensation claims.

According to the Radikal newspaper, the Å~^iÅ~_li court had decreed
that no one could claim compensation for "an attack on personal rights"
just for being a member of the Turkish nation.

However, the plaintiffs lodged an appeal, and the 4th Chamber of the
Supreme Court of Appeals decreed that the plaintiffs fulfilled the
conditions for making a claim. If personal rights had been attacked,
it decreed, the legislation should be applied.

The Supreme Court pointed out that according to Article 66 of the
Constitution, "Everyone connected to the Turkish State with the bond
of citizenship is Turkish", and that just as individuals had honour,
feelings of belonging to a nation were also part of personal values.

When the Å~^iÅ~_li court rejected the compensation claim for a second
time, the case was sent to the Supreme Court of Appeal’s General
Assembly, which again overturned the local court’s decree.

It now remains to be seen whether the Å~^iÅ~_li court will resist
the Supreme Court a third time…

Ohio Elections Spat Involves Turkish History

OHIO ELECTIONS SPAT INVOLVES TURKISH HISTORY

Dayton Daily News
o-elections-spat-involves-turkish-history-119551.h tml
May 14 2009
Ohio

COLUMBUS, Ohio — The state Elections Commission agreed Thursday
to hear a case far outside the typical realm of Ohio politics, one
involving claims of genocide, Turkish history, U.S. foreign policy
and a growing and personal political rivalry.

At issue are comments made by an Armenian-American congressional
candidate during the 2008 campaign. A Republican congresswoman from
Cincinnati, Jean Schmidt, claims her opponent violated election law
when he accused her of being a puppet of Turkish efforts to deny that
the mass killings of Armenians during World War I constituted genocide.

The commission on Thursday found probable cause that David Krikorian’s
statements violated election law, voting unanimously to bring the
case to a full hearing.

The 94-year-old killings in Turkey are an unlikely topic for a
congressional campaign in America’s heartland, where Schmidt’s
staunchly conservative values find favor among a large portion of
her constituents. But for Krikorian, Schmidt’s comments that she
doesn’t have enough evidence to call the killings of an estimated
1.5 million Armenians "genocide" make her morally unfit to serve in
Congress. Krikorian refused to shake the hand of Schmidt’s attorney
following the hearing Thursday.

"It is my right under political free speech to point out these facts
that she denies the Armenian genocide," Krikorian told the commission
Thursday. He alleged that Schmidt had taken campaign donations from
Turkish interests in return for "denying" the genocide.

"And, yes, I refer to it as blood money because where I come from,
when you take money to deny the killing of innocent women and children,
that is blood money. That’s exactly what it is. It’s reprehensible."

But the dispute isn’t just about the past — Krikorian is challenging
Schmidt again in 2010, but as a Democrat. He won 18 percent of the
vote as an independent in 2008, a performance Krikorian claims has
Schmidt worried enough about 2010 to file a "frivolous" elections
complaint to discredit him.

Schmidt’s attorney, Donald Brey, refuted all of Krikorian’s claims
Thursday, taking particular issue with his equating Schmidt’s
unwillingness to call the killings genocide with denial.

"She wasn’t a genocide denier … She didn’t do anything as a quid
pro quo," Brey said.

Federal Elections Commission records show Schmidt received $3,300
from the Turkish American Heritage Political Action Committee between
January and October 2008. The committee was formed to defend Turkish
heritage against "slanderous campaigns" carried out by ethnic groups
in the United States to influence public opinion.

Schmidt’s unwillingness to proclaim what many history scholars regard
as fact is also shared by the U.S. government. The U.S. foreign policy
establishment’s careful positioning on the issue is driven by the
importance of maintaining productive relations with a moderate ally
in the Middle East.

In April, President Barack Obama refrained from branding the WWI-era
massacre of an estimated 1.5 million Armenians in Turkey a "genocide,"
and instead referred to the killings that began in 1915 as "one of
the great atrocities of the 20th century." The careful words were a
backtrack from Obama’s campaign promise to refer to the killing as
genocide, which the Bush administration also declined to do.

Ohio Gov. Ted Strickland recognized the killings as genocide in 2007,
and former President Ronald Reagan did so in 1981.

Turkey denies that the deaths constituted genocide, contending the
toll has been inflated and that the casualties were victims of civil
war. It says Turks also suffered losses in the hands of Armenian gangs.

Turkey and Armenia have had no diplomatic ties since closing their
border in 1993 because of a Turkish protest of Armenia’s occupation
of land claimed by Azerbaijan.

http://www.daytondailynews.com/news/ohio-news/ohi