Science & Education

Conference on European Higher Education Benchmarks to Kick Off in Tsakhkadzor On Sep 8

YEREVAN, September 5. /ARKA/. An international conference on the Framework of Qualifications for the European Higher Education within the Bologna Declaration (1999) will kick off in Tsakhkadzor resort on September 8.

The organizer of the workshop is the RA Ministry of Education and Science. Delegations from Denmark, Italy, England, Moldova and other CE member-states will participate in the conference.

Armenia joined the Bologna declaration in 2005, making its first step towards developing an over-arching qualifications framework for the European Higher Education Area (EHEA). As a signatory country, Armenia is to reform its own higher education system by 2010.

On November 2, 2006, the RA Government adopted the schedule of reforms within the Bologna Convention. –0—

05/09/2008 20:44



Market USD exchange rates
Market EUR exchange rates
Market exchange rates 23/12/2009
Currency Symbol Unit Rate Changes
USA Dollar USD 1 375.80 1.34
Euro EUR 1 535.29 -0.75
Russian Rоublе RUR 1 12.32 0.04

Favorable еxchange rates of banks 23/12/2009
Currency Buy Sell
USD 375
Prometey Bank
377
ACBA-CREDIT AGRICOLE BANK
Araratbank
“Anelik Bank”
Euro 533
"VTB Bank (Armenia)"
BTA Bank
Prometey Bank
538
ACBA-CREDIT AGRICOLE BANK
RUR 12.17
“ArmSwissBank”
12.25
Ameriabank

Macroeconomics
Indicator Term Figures
economic growth,% 2009-10 82.5
GBP, billion AMD 2009-10 2466.3
inflation, % 2009-10 103.2
Budget deficit (proficit), bln AMD 2009-10 108.7
trade deficit, mln USD 2009-10 -2018.4
foreign trade turnover, mln USD 2009-10 3121.6
foreign trade turnover, % 2009-10 69
Gross External Reserves, mln. USD 2009-10 2144.6
Monetary base, billion AMD 2009-10 465.4
Money supply, billion AMD 2009-10 763.1

Financial market
Indicator Term Figures
Anual interests on loans
Legal entities in AMD 2009-11 14.5
Legal entities in USD 2009-11 12.9
Individuals in AMD 2009-11 21.4
Individuals in USD 2009-11 17.9
Anual interests on deposits
Legal entities in AMD 2009-11 7.7
Legal entities in USD 2009-11 6.4
Individuals in AMD 2009-11 9.7
Individuals in USD 2009-11 5.8
Annual profitability
state stock of CBA, % 2008-08 8
fiscal stock of Armenia, % 2009-11 8.9

The percents of the CBA
Indicator Term Figures
Banking rate 2009-11 12
Repo 2009-11 5
Credit 2009-11 8
Depo 2009-11 2


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