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Chess: Arman Pashikyan Loses Chance To Win European Individual Chess

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  • Chess: Arman Pashikyan Loses Chance To Win European Individual Chess

    ARMAN PASHIKYAN LOSES CHANCE TO WIN EUROPEAN INDIVIDUAL CHESS CHAMPIONSHIP

    PanARMENIAN.Net
    18.03.2009 13:28 GMT+04:00

    /PanARMENIAN.Net/ Eleven rounds of the European Individual Chess
    Championship are over in Budva, Montenegro.

    Armenia's champion Arman Pashikyan has lost his chance to win the
    Championship sustaining a defeat from Vladimir Hakobyan.

    Arman Pashikyan and Tigran Petrosyan will continue competition in
    a tie-break.

    The total prize fund of the Individual European Championship is
    120,000 Euros. First prize is ~@ 15,000, second is ~@ 12,000, third ~@
    10,000 up to 25th prize, which is ~@ 1,000. According to Montenegro
    law all prizes are taxable (maximum 10%). The first 22 players will
    in addition qualify for the World Cup.
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