Thursday 24 November 2016

Armenian News... A Topalian... Armenian Lawmaker at NATO meeting.


Hurriyet Daily News, Turkey
Nov 20 2016
Top soldier, ministers engage in row with Armenian lawmaker 

at NATO meeting
Turkey’s top soldier and technology minister got engaged in a row with an Armenian lawmaker on Nov. 20 during the 62nd NATO Parliamentary Assembly Annual Session held in Istanbul.

Chief of General Staff Gen. Hulusi Akar reacted angrily to Armenian lawmaker Koryun Nahapetyan when the latter referred to the killings as “undeniable genocide” during a Q&A session after Akar’s briefing to the meeting.

“Some countries recognizing the Armenian genocide does not change anything,” Akar said in response to Nahapetyan, who said 26 countries recognized the killings as genocide.

“Any country may use its right to recognize something as genocide. When Galileo Galilei said in the 16th Century that the Earth moves around the Sun, all the world opposed him. But that did not change the facts. Even if all countries say that there is a genocide, that does not the change the fact that there was none,” he added.

Armenia says up to 1.5 million people were killed by Ottoman forces during World War I, in what it calls an act of genocide. But modern Turkey has always rejected the term genocide, putting the toll at 500,000 and blaming the deaths on starvation and unrest in the broader context of the war.

Nahapetyan also addressed a similar question to Turkish Science, Industry and Technology Minister Faruk Özlü, who refused to answer the question.

Another row erupted during a session on Nov. 19 between Nahapetyan and Turkish Foreign Minister Mevlüt Çavuşoğlu, when the Armenian lawmaker accused Ankara of financially supporting then Islamic State of Iraq and the Levant (ISIL).

“We may have different opinions, but we must first be honest, especially if we are politicians,” Çavuşoğlu said in response.

“Unfortunately, our Armenian friends are never honest. How can you say that we supported Daesh? Which country has killed as many Daesh militants as Turkey?” he said, using an Arabic acronym for the jihadist group. 


RFE/RL Report 
Armenian Firms To Get More Loans From EU Bank
November 18, 2016

A European Union lending institution pledged on Friday to provide 50
million euros ($55 million) in fresh low-interest loans to Armenia's
small and medium-sized enterprises (SMEs) mostly involved in
agriculture, food processing and tourism.

The European Investment Bank (EIB) signed a corresponding agreement
with the Central Bank of Armenia (CBA) in Yerevan. It said the CBA
will make the EIB funds available to such firms through Armenian
commercial banks and other credit organizations.

EIB Vice-President Jan Vapaavuori, who signed the agreement on behalf
of the Luxembourg-based bank, said they will be lent "on favorable
terms."

"This will contribute to the diversification of the Armenian economy
and private-sector development and will have a positive influence on
job creation in the country," an EIB statement quoted Vapaavuori as
saying.

"I am confident that this loan will mimic the success story of its
predecessor by its effectiveness and accuracy in targeting the access
to finance for SMEs in Armenia," CBA Governor Artur Javadian said for
his part.

The EIB already provided Armenia with 50 million euros for the same
purpose in 2014. "To date, more than 100 projects throughout the
country have benefitted from them, in particular in the tourism and
agri-food sectors," read its statement.

According to the CBA, small and medium-sized agricultural,
agribusiness and tourism companies will also be the main beneficiaries
of the fresh EU funding. Those sectors "play an important role in
developing Armenia's economy," explained the Central Bank.

Prime Minister Karen Karapetian welcomed the continuation of the EIB
lending scheme when he met with Vapaavuori later in the
day. Karapetian said the Armenian government plans to help set up
investment funds that will support various domestic manufacturing
sectors and hopes to "expand cooperation with the EIB in this
direction."


news.am
EEC: EAEU investment in Armenia economy totaled $3bn in 2015
19.11.2
016

Overall, the Eurasian Economic Union (EAEU, which comprises Armenia Russia, Belarus, Kazakhstan, and Kyrgyzstan) investments in Armenia’s economy have amounted to $3 billion in 2015.

Deputy Director of the Integration Development Department at the Eurasian Economic Commission (EEC)—the executive body of the EAEU, Saadat Assanseitova, said the aforementioned at Saturday’s joint meeting of the Standing Committee on Foreign Relations of the National Assembly of Armenia and of the Committee on Foreign Affairs of the Federation Council of Russia, in Armenia’s capital city of Yerevan.

Consumer loans without collateral up to AMD 2,000,000

Up to December 30 consumer loans without collateral up to AMD 2,000,000 will be granted only with annual interest rate of 19-20%

In her words, there is a real investment inflow into Armenia.

“Starting from 2011 until 2015, investments in the economy of Armenia—an EAEU country—increased by virtually seven times,” Assanseitova stated. “The priority domains [of these investments] are food, alcohol, light, textile industry, and infrastructures.”


news.am
Assanseitova: Armenia is only country to increase exports to EAEU markets
19.11.2016 


Armenia is the only country that increased its exports to the Eurasian Economic Union (EAEU, which comprises Armenia Russia, Belarus, Kazakhstan, and Kyrgyzstan) markets, during the first nine months of 2016.

Deputy Director of the Integration Development Department at the Eurasian Economic Commission (EEC)—the executive body of the EAEU, Saadat Assanseitova, said the aforementioned at Saturday’s joint meeting of the Standing Committee on Foreign Relations of the National Assembly of Armenia and of the Committee on Foreign Affairs of the Federation Council of Russia, in Armenia’s capital city of Yerevan.

Consumer loans without collateral up to AMD 2,000,000

Up to December 30 consumer loans without collateral up to AMD 2,000,000 will be granted only with annual interest rate of 19-20%

“This [i.e. the increase in exports from Armenia to the other EAEU countries] proves that Armenia is rehabilitating its economy,” stressed Assanseitova. “Now, exports are growing at a great pace.

“In addition, Armenia is the [EAEU] country that recorded the highest GDP growth indicator. This indicator amounted to 2.8 percent in the first half of 2016; this is more than the average EAEU indicator.”


arka.am
Armenians spend half of their consumer spending on food
November 21.
 
About half of Armenian citizens’ consumer expenditures are spent on food, according to the findings of a nationwide survey of households, conducted by the country’s National Statistical Service (NSS) in 2015.

According to the survey, the monthly consumer spending per person in 2015 was 42,867 drams ($89), which was 55% more compared to the previous year.

According to the survey, a person spends 18,705 drams a month ($39) on food or about 43.6% of his/her consumer spending, including eating out. In developed countries, the share of consumer expenditure spent on food is very low. For example, according to the US Department of Agriculture (2014), the share of consumer spending of Americans on eating at home is 6.6%, whereas in Canada its 9.2% and in Australia - 9.9%. In Germany the figure is 10.2%, in Spain - 13%, in France - 13.3%, in Slovenia - 15%, in Bulgaria - 18.7% and in the Czech Republic - 16 2%.

In Turkey the figure is 21.6% and in Iran - 24.6%. In post-Soviet countries the statistics is the following: in Russia - 28.4%, in Uzbekistan - 30.7%, in Georgia, 32.4%, in Belarus - 36.9%, in Ukraine - 37.7%, in Azerbaijan - 40.7 % and in Kazakhstan – 43. 3%. However, in absolute terms, the US citizens spend $2,385 per year on food. In Armenia the figure is $ 468, in Russia $2,055.

The National Statistical Service data also show that Armenians smoke more than consume alcoholic beverages. Thus, an average Armenian spends 237 drams a month on buying alcoholic drinks and 1,414 drams on cigarettes.

Per person service expenditures made 33.6% of all consumer spending, or 11, 437 drams, including 5,689 drams of utility fees, 2,659 drams of health payments and 2,400 drams spent on communication. Non-food per month expenditure per person was 8,074 drams.

The minimum monthly salary in Armenia, according to the latest official statistics, is 55,000 drams, while the median gross wage in September this year was 184, 992 drams. ($ 1 - 479.38 drams). 

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