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IDBank and Henley & Partners Successfully Held the “Invest Beyond Borders: Global Mobility & Private Banking” Event in YerevanMoody's upgrades long-term deposit ratings of Unibank to B1, outlook stableKapan International Music Festival to Take Place Third Time, Welcomes World-Class Artists and Debuts in ArmeniaUcom Launches Special Promotion for Armenian Football Fans Ahead of FIFA Club World Cup 2025Idram is now available on TemuConverse Bank Partners with IFC to Boost Trade Finance CapabilitiesSide by Side: IDBank Launches New Program for women forcibly displaced from ArtsakhWatch Euromedia 24 TV’s 24-hour broadcast on Ucom channel 289 and OVIO (Rostelecom) channel 46How to Enjoy Summer to the FullestUcom Launches 5G Network in Yerevan, Introducing Armenia’s Largest 5G Coverage Health Fund for Children of Armenia is the Beneficiary of "The Power of One Dram" Program in June Team Group, NVIDIA, and Firebird Announce a $500 Million Megaproject to Build a Regional AI Supercomputing Hub "Plain and Simple": Financial Literacy with AraratBankAmeriabank joins TOON EXPO to be held first time in Moscow Idram Participates in Panel Discussion on E-Commerce Development Cooperation The Power of One Dram Concludes Another Program with the 4090 FoundationArmenian alcoholic beverage producers appeal to international organizations to stop Georgia's blockadeUcom Offers New Affordable Bundle for Subscribers Traveling This Summer IDBank and Idram Team Visited the Heroes Rehabilitation CityChildren’s Day with Events and Discounts: Idram Junior
Economics

"I am in debt but to my homeland." Artak Tovmasyan. "Past"

The «Past» newspaper writes: Artak Tovmasyan, the head of the «Tovmasyan» Foundation, does not want to comment on the news that he is entering politics because he has large debts. "This is ridiculous nonsense, what can I comment on?" - he said. We insisted: "After you announced about creating a political team, they write everything about you" “It means I started everything right.” Can you explain what kind of debts are we talking about, at least in two or three words? “All my life I have been engaged in investments and charity, which would have been impossible in the conditions you specified. If we are talking about a debt to the Motherland, then a human life is not long enough to pay it off,” Tovmasyan added half in jest, half seriously in a conversation with Past.