ArmInfo.The European Bank for Reconstruction and Development (EBRD) has launched an assessment today that aims to provide detailed guidance on legislative gaps to address an expected increase in businesses needing to use formal  restructuring procedures following the coronavirus pandemic.

ArmInfo.The Moscow Export Center plans to organize online business mission with representatives of Armenia. This was reported by TASS with reference to the press  service of the Department of Entrepreneurship and Innovative  Development of Moscow.  In addition to Armenia, according to the  source, it is planned to organize similar missions with  representatives of Israel, Sierra Leone and Senegal, Morocco,  Germany, Vietnam, Turkey, Saudi Arabia and Bahrain.

ArmInfo. Given the possibility of a second wave of COVID-19, this fall, new problems may arise in the economy due to the tightening of restrictions from the  commandant's office. Gagik Makaryan, Chairman of the Republican Union  of Employers of Armenia, expressed a similar opinion to ArmInfo.

ArmInfo. Lydian Armenia is ready for dialogue exclusively within the framework of the law. The company reports, that from September 1 in the area of the Amulsar  field the security services changed due to the expiration of the  contract with the previous security service.

ArmInfo.The government started to increase expenditure (especially capital expenditure) in March-June 2020. 

ArmInfo.Armenian winegrowers on September 1 in the city of Armavir protested,  demanding a revision of the pricing policy.

ArmInfo.In early September, Unibank and Armeconombank will start selling their new bond tranches - it will be two dollar tranches and one dram. This is evidenced by  the corresponding emission prospectuses.

ArmInfo."Brestoblimuschestvo" announced the details of the sale of 89.7% of the shares of "Brestsky beer". Previously it is only known that the new owner of the Brest  brewery is the Bulgarian "Multigroup Trade", which is part of the  Armenian concern Multi Group of businessman Gagik Tsarukyan.

ArmInfo. Energy issues, gas supply issues are the most important issue in the Armenian-Russian bilateral relations - two allied states, which have a fairly broad  agenda.  

ArmInfo.Armenia's gross international reserves decreased in January-July 2020 by 8.1% or by $ 231.4 million (against a decline of 2.5% a year earlier), amounting  to $ 2.618 billion, according to the data of the Central Bank of  Armenia.

ArmInfo.We intend to re-equip the Armenian NPP at the expense of our budget funds. This was stated by Armenian Foreign Minister Zohrab Mnatsakanyan in an interview with Interfax, answering the question that in June the Russian Ambassador  to Armenia stated that Moscow and Yerevan are continuing to discuss  the issue of extending the loan for the modernization of the Metsamor  NPP, and whether such discussions are underway now.

ArmInfo.Armenian Evocabank, through the issue of shares in the amount of 2.050 billion AMD, replenished the authorized capital, bringing it to 20 billion AMD ($  41.1 million). Thus, the bank has increased the regulatory total  capital to almost 38 billion AMD ($ 78 million).  This, according to  AmRating analysts, significantly strengthened the bank's leading  positions in terms of capital adequacy.

ArmInfo. The level of dollarization of the loan and deposit portfolios of Armenian banks continues to decline due to the active participation of the financial  sector in the implementation of state programs to support the  economy, including in the fight against the consequences of the  coronavirus crisis.

ArmInfo.Armenia is one of the few countries in the world where the most common motivation for people to start their own business is the need to earn for living,  because there is no other job. This is evidenced by the data of the  National Report Armenia, prepared by "Ameria" CJSC in the framework  of the Global Entrepreneurship Monitor.

ArmInfo.

ArmInfo. Issues related to the construction of the Kajaran- Agarak road section of the North-South transport corridor were discussed during the mission of  the Eurasian Fund for Stabilization and Development (EFSD).

ArmInfo.

ArmInfo. For several years now, global economic trends have been distinguished by the shift of international investment flows from developing countries towards  developed ones, and Armenia should take this circumstance into  account, improving the macro conditions to improve the investment  environment and attract foreign investment. A well-known economic  analyst, Head of Management Advisory Services at Ameria Group of  Companies Tigran Jrbashyan expressed this opinion today at a press  conference.

ArmInfo.

ArmInfo.The appeal of the director of “B.M.L. Arzni” LTD and the bankruptcy manager of the same LTD against the decision of 12.03.20 of the Court of Appeal of RA on the case “B.M.L. Arzni Company against Anelik Bank” was dismissed.