| 01.07.14 | 13:30
The newly amended law on funded pensions that has created the hottest public debate in Armenia in recent months has come into effect beginning today, July 1. It will concern tens of thousands of public sector employees who will be required to make “targeted social payments” that come to replace the controversial contributions to private pension funds ruled by the Court as unconstitutional earlier this year.
| 30.07.14 | 11:06
Neither representatives of the political opposition nor many public figures have great expectations from Armenia’s new government that has already been described by some critics as ‘pro-oligarchic’. Those who trust in it and believe that it will carry out the necessary reforms appear to be a minority for now.
Arts and Culture
| 04.07.14 | 15:19
The opening ceremony of the 11th annual Golden Apricot international film festival held in Yerevan on July 13-20 will be devoted to Sergey Parajanov’s 90th anniversary. The filmmaker’s classic “The Color of Pomegranate” will be shown, with attendees to include Parajanov’s widow and artists who had worked with the director.
| 17.07.14 | 11:12
The Armenian Ministry of Finance, part of which is now overseeing tax collection, says that 98 out of 1,200 corporate taxpayers have themselves decided to “specify” their tax obligations, which will result in additional state budget revenues of nearly $1 million.