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.