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Financial Crisis Has Reached Armenia

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  • Financial Crisis Has Reached Armenia

    FINANCIAL CRISIS HAS REACHED ARMENIA

    A1+
    [12:05 pm] 18 February, 2009

    A1+'s recent survey shows that most Armenians have suffered from the
    recent economic crisis which is deepening day by day.

    "Sick people no longer see doctors. The number of patients keeps
    falling down, and if they continue ignoring their health problems
    they will surely die.

    "I get a salary of 25 000 drams. Yesterday a woman came in a grave
    state. She said she had no money to pay. What could I do? Shouldn't I
    help her?" says cardiologist Anita Mkhitaryan who works in a Yerevan
    hospital.

    "Only my father works in our family. During the past five years my
    uncle living in Volgograd used to send us money. But it is three
    months he has sent no penny, and we have appeared in a tight," says
    23-year-old pedagogue Narine Hovsepyan.

    Newsagent Tigran Bayatyan says his clients also began complaining
    of the crisis which greatly affects his trade. "One of them used
    to buy five newspapers a day. Today he buys only two. My friend
    importing journals and magazines from Russia has reduced the import
    by 50 percent.

    I can no longer rent the newsstand. Sometimes I have to go to work
    at the weekends. If once I earned 5000-6000 drams a day, now I get
    3500 drams at the best," said Tigran.

    36-year-old Vardan thinks the "so-called financial crisis" is
    bluffing. "A labourer will always find a job. They delude people
    saying there is a financial crisis worldwide. People are feared to
    spend their money. This is a crisis," he says.
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