INDEX OF BUSINESS ENVIRONMENT IN ARMENIA GOES UP
- YEREVAN.- The Central Bank of Armenia said index of business environment and economic activity went up in the second quarter of 2012.
Index of economic activity increased (102.3%) as compared to the same period last year with the large share falling on industry.
Business environment index also increased (118.4%) as compared with the same period in 2011.
As compared with last year, industry and trade faced the major increase in number of employees, while a few organizations provided wage growth.
Meanwhile, 28.4% of organizations participating in the survey plan to make investments in the next quarter, 21.4% have already made.
- 1845 Sultan Abdul Megid orders the Pasha of Soor to enter Western Armenia with an army. The goal was to take away the semi-autonomy of the Armenians.
- 1874 Hambardzoom Balassanyan starts the "Love of Fatherland" organization in Karakilissa (Vanadzor).
- 1890 Fighting between Turkish forces and the civilian population of Armenians in Kareen (Erzroom, Western Armenia) took place.
- 1911 Death of Ghazaros Aghayan (educator and writer) in Tbilissi (Georgia). He was born in 1840.
- 1939 Creation of the Armenian SSR's People's Commissariats for Automobile Transportation, Meat, and Dairy industries.
- 1943 Death of Arus Voskanyan (actress) in Yerevan. She was born in 1889.