Economy
16:02 01/08/2015
Prime minister of Armenia: Money from Vorotan Hydro Cascade sale will be used to subsidize electricity tariffs
The money received from the sale of the Vorotan hydropower plants will be used to subsidize the power tariffs that increased today, on August 1, in Armenia, Prime Minister Hovik Abrahamyan told reporters during a briefing today.
Panorama.am reported earlier that Public Services Regulatory Commission of Armenia took a decision to raise electricity tariffs by 6.93 drams. The decision sparked demonstrations, during which protesters blocked Bagramyan Avenue in downtown Yerevan for days. Armenian President Serzh Sargsyan subsequently announced that the government would subsidize the tariff hike and be consistent so an international audit of Electric Networks of Armenia Company would be conducted.
Տեքստում սխալ կամ վրիպակ նկատելու դեպքում, ուղարկեք խմբագրին հաղորդագրություն` նշելով տվյալ սխալը, այնուհետև սեղմելով Ctrl-Enter:
Newsfeed
17:32
Opposition MP: Armenian government lacks resources to counter security threats
Opposition lawmaker Tigran Abrahamyan claims the Armenian government lacks any resources to counter the mounting security threats facing...
Source Panorama.am
17:02
Putin apologizes to Aliyev over plane crash
Russian President Vladimir Putin on Saturday apologized to Ilham Aliyev, the president of Azerbaijan, for what the Kremlin said was a...
Source Panorama.am
16:43
Magnitude 4.2 quake hits Georgia, felt in Armenia
A magnitude 4.2 earthquake struck Georgia late on Saturday afternoon.
The quake was 8 km northwest of the city of Dmanisi and at a...
Source Panorama.am
16:13
Archbishop Bagrat Galstanyan to honor fallen soldiers on New Year's Eve
Archbishop Bagrat Galstanyan will visit Yerevan’s Yerablur Military Pantheon to pay tribute to fallen soldiers on New Year’s Eve....
Source Panorama.am
15:36
Venice, other cities ban alcohol use on New Year’s Eve
Venice has introduced a ban on alcohol consumption on New Year’s Eve as a safety measure.
It joins other cities around the world that...
Source Panorama.am
15:27
Armenia's museum reserves extend working hours for holidays
During the New Year holidays on 31 December 2024 and 1-2 January 2025, the Garni Historical and Cultural Museum-Reserve will be open to the...
Source Panorama.am
14:45
Armenian players show strong performances at World Rapid Chess Championship
The 2nd game day of the FIDE World Rapid Chess Championship has ended.
4 rounds were played today, the Armenian Chess Federation...
Source Panorama.am
14:24
Armenian ambassador will not return to Belarus – Sputnik Armenia
Armenia has no plans to send Ambassador Razmik Khumaryan back to Belarus, sources have told Sputnik Armenia.
Khumaryan was recalled to...
Source Panorama.am
14:06
Armenia sees rise in hospitalizations for acute respiratory infections
Armenia has seen an increase in hospitalizations for acute respiratory viral infections, including pneumonia, prompting calls for emergency...
Source Panorama.am
13:30
Armenia's deputy sports minister may resign
Armenia’s Deputy Minister of Education, Science, Culture and Sports, Karen Giloyan, denies media reports suggesting that he has tendered...
Source Panorama.am
13:03
Stepantsminda-Larsi road closed to trucks
The Stepantsminda-Larsi highway connecting Armenia and Russia via Georgia is currently closed to truck traffic, as reported...
Source Panorama.am
12:46
FIDE disqualifies Magnus Carlsen for wearing jeans
Magnus Carlsen, the reigning world chess champion and top-ranked player, faced a disqualification from the 2024 World Rapid and Blitz Chess...
Source Panorama.am
12:30
MP's comments confirm Pashinyan lying about Artsakh negotiations, expert says
Political analyst Suren Surenyants has again accused Armenian Prime Minister Nikol Pashinyan of lying about the Artsakh (Nagorno-Karabakh)...
Source Panorama.am
11:55
Armenian church commemorates James and John the Evangelist
The Armenian Apostolic Church on Saturday commemorates the Holy Apostle James and John the Evangelist.
Both held prominent...
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11:33
Heavy snow strands 35 vehicles in Armenia
Heavy snow on Friday caused 35 vehicles to get stuck on the roads in Armenia, the Rescue Service reported.
The rescuers removed the...
Source Panorama.am
11:12
US sanctions Georgian ex-prime minister
The Biden administration has imposed sanctions on the founder of Georgia’s ruling political party, which has steered the country away from...
Source Panorama.am
17:05
Political analyst: Pashinyan not taken seriously by global community
Political analyst Stepan Danielyan claims that Prime Minister Nikol Pashinyan is not taken seriously by the international community,...
Source Panorama.am
16:35
Relatives of missing Armenian soldiers block central Yerevan avenue
Relatives of missing Armenian servicemen on Friday blocked Yerevan's central Baghramyan Avenue near the parliament...
Source Panorama.am
15:51
Hayk Marutyan slams rude comments of Yerevan mayor's father
Former Yerevan Mayor Hayk Marutyan has denounced the offensive remarks about Opel drivers made by the father of the Armenian capital’s...
Source Panorama.am
15:10
New Year's Eve weather forecast revealed
Wintry showers are expected in Armenia’s regions on Friday and over the weekend.
Blizzards and poor visibility are likely in some...
Source Panorama.am
14:34
Armenian archbishop links protest movement’s failure to organizational issues
Archbishop Bagrat Galstanyan, the leader of the Holy Struggle movement, pledged to continue campaigning for a change of government in Armenia,...
Source Panorama.am
13:45
Yeghishe Melikyan named Armenia's best coach of 2024
Pyunik manager Yeghishe Melikyan has been named Armenia's Coach of the Year 2024 with 92 points.
The Football Federation of...
Source Panorama.am
13:16
Politician: Serzh Sargsyan insisted on Artsakh peace plan disclosure back in 2022
Opposition politician Eduard Sharmazanov, a senior member of the Republican Party of Armenia (RPA), lambasted Prime Minister Nikol...
Source Panorama.am
12:35
Henrikh Mkhitaryan named 2024 Footballer of the Year
Inter Milan midfielder Henrikh Mkhitaryan has been named Armenia's 2024 Footballer of the Year for the 12th time.
He garnered 87...
Source Panorama.am
12:15
Archbishop Bagrat Galstanyan apologizes to supporters for his movement's unmet goals
Archbishop Bagrat Galstanyan, the leader of the Holy Struggle movement, offered apologies to the people for the protest movement’s failure...
Source Panorama.am
11:35
New cyclone from the Mediterranean to bring snow to Armenia
A new cyclone from the Mediterranean Sea is expected to make landfall in Armenia on Friday, bringing snowfall to several provinces across the...
Source Panorama.am
11:15
Armenia's Shant Sargsyan among leaders at World Rapid Championship
The first game day of the World Rapid Chess Championship has ended.
After 5 rounds, GM Shant Sargsyan has scored 4.5 points and shares...
Source Panorama.am
11:00
Over 25 countries want to take part in Intervision, Lavrov says
More than 25 nations have expressed their interest in participating in the Intervision Song Contest, including Latin American countries, Russian...
Source Panorama.am
17:13
Armenian church leader's New Year message not to be aired on Public TV
The annual New Year address by Catholicos of All Armenians Karekin II will not be aired on the Public TV Company.
The...
Source Panorama.am
16:35
Expert: Artsakh leaders indicted on 1,500 counts in Azerbaijan
Artsakh’s former military and political leaders are facing charges in Azerbaijan in connection with episodes starting from 1987, Anna...
Source Panorama.am
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