

YEREVAN, July 9. /ARKA/. Armenia students may apply for scholarships to universities in Cyprus, the RA Ministry of Education and Science reports. As part of its official development policy, Cyprus offers 2009-2010 scholarships to study in the fields of business, services, public management, tourism, agriculture and forestry.
For long-term scholarships, Armenia’s citizens can apply to the University of Nicosia. Short-term scholarships are available in other universities of Cyprus participating in the program.
Long-term scholarships (more than 12 months) including transport fees, tuition remission, a €750 monthly benefits, as well as benefits for the arrival and departure and medical insurance.
Short-term scholarships (4-6 weeks) include transport expenses, studies, €30 daily benefits, accommodation, medical insurance, internal transport and departure/arrival expenditures.
Eligible candidates are citizens of the list of scholarship recipient countries for the academic year 2009-2010. For more information about the scholarships, visit www.planning.gov.cy. Z. Sh.—0--
President of Armenia congratulated students and teachers on Day of Knowledge
Sabotage of High School System in Armenia Useless - Minister Of Education
Mayor: Yerevan Schools Ready for Next School Year
Mechanisms of internal and external assessment will be introduced in the schools of Armenia
Scientific project candle in Armenia is becoming real
Seven private higher education institutions in Armenia stripped of their licenses
About 20 armenian saturday schools operate in Belgium
The Number of Places Increased for Students from Karabakh in Armenian Higher Education Institutions
Premier: Armenian universities will gradually enlarge
Prime Minister of Armenia discussed problems of education with youth activists
Authors of “Dilijan International School” considering room to suspend project implementation
Minister: Research universities to act in Armenia since 2011
Half of Armenian Schools Need Renovation or Reconstruction
Group of International Experts of The Projct “Candle” will Visit Armenia on June 29-30

| Market exchange rates 02/09/2010 | ||||
|---|---|---|---|---|
| Currency | Symbol | Unit | Rate | Changes |
| USA Dollar | USD | 1 | 365.03 | 1.29 |
| Euro | EUR | 1 | 468.19 | 3.8 |
| Russian Rоublе | RUR | 1 | 11.90 | 0.08 |
| Favorable еxchange rates of banks 03/09/2010 | ||
|---|---|---|
| Currency | Buy | Sell |
| USD | 366 ProCreditBank |
367.5 “ArmSwissBank” |
| Euro | 467 Byblos Bank Armenia ProCreditBank |
472 ArmBusinessBank Armenian Development Bank |
| RUR | 11.85 "VTB Bank (Armenia)" BTA Bank |
12 ACBA-CREDIT AGRICOLE BANK Ameriabank ProCreditBank |
| Macroeconomics | ||
|---|---|---|
| Indicator | Term | Figures |
| economic growth,% | 2010-06 | 106.7 |
| GBP, billion AMD | 2010-06 | 1332 |
| inflation, % | 2010-07 | 103.7 |
| Budget deficit (proficit), bln AMD | 2010-06 | 16.9 |
| trade deficit, mln USD | 2010-06 | -1281.2 |
| foreign trade turnover, mln USD | 2010-06 | 2116.8 |
| foreign trade turnover, % | 2010-06 | 129.8 |
| Gross External Reserves, mln. USD | 2010-06 | 1780 |
| Monetary base, billion AMD | 2010-06 | 434.5 |
| Money supply, billion AMD | 2010-06 | 786.6 |
| Financial market | ||
|---|---|---|
| Indicator | Term | Figures |
| Anual interests on loans | ||
| Legal entities in AMD | 2010-06 | 13.8 |
| Legal entities in USD | 2010-06 | 12.6 |
| Individuals in AMD | 2010-06 | 22.6 |
| Individuals in USD | 2010-06 | 19.2 |
| Anual interests on deposits | ||
| Legal entities in AMD | 2010-06 | 8.4 |
| Legal entities in USD | 2010-06 | 7.2 |
| Individuals in AMD | 2010-06 | 9.8 |
| Individuals in USD | 2010-06 | 5.4 |
| Annual profitability | ||
| state stock of CBA, % | 2008-08 | 8 |
| fiscal stock of Armenia, % | 2010-06 | 9.6 |
| The percents of the CBA | ||
|---|---|---|
| Indicator | Term | Figures |
| Banking rate | 2010-07 | 13 |
| Repo | 2010-07 | 7.25 |
| Credit | 2010-07 | 10.25 |
| Depo | 2010-07 | 4.25 |