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WB: ARMENIA TO SEE 16-17% ECONOMIC RECESSION
/PanARMENIAN.Net/
17.12.2009 14:00 GMT+04:00
/PanARMENIAN.Net/ World Bank (WB) forecasts a 16-17% economic recession
in Armenia.
"2009 was a hard year for Armenia but the republic tends to recover,"
head of the WB Yerevan Office, Mr. Aristomene Varoudakis told reporters
on Thursday. "Prices for molybdenum and copper go up gradually,
the real estate market also seems to activate."
From: Emil Lazarian | Ararat NewsPress
/PanARMENIAN.Net/
17.12.2009 14:00 GMT+04:00
/PanARMENIAN.Net/ World Bank (WB) forecasts a 16-17% economic recession
in Armenia.
"2009 was a hard year for Armenia but the republic tends to recover,"
head of the WB Yerevan Office, Mr. Aristomene Varoudakis told reporters
on Thursday. "Prices for molybdenum and copper go up gradually,
the real estate market also seems to activate."
From: Emil Lazarian | Ararat NewsPress