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Arsen Ghazaryan: The Crisis Is Over, A Longer Stage Of Overcoming It

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  • Arsen Ghazaryan: The Crisis Is Over, A Longer Stage Of Overcoming It

    ARSEN GHAZARYAN: THE CRISIS IS OVER, A LONGER STAGE OF OVERCOMING ITS CONSEQUENCES HAS STARTED
    Nelly Danielyan

    "Radiolur"
    17.03.2010 17:08

    The economic crisis is over, but a longer and more difficult stage
    of overcoming the consequences of the crisis has started, Chairman of
    the Union of Manufacturers and Businessmen of Armenia Arsen Ghazaryan
    told a press conference today. He said several years would be necessary
    to fully overcome the consequences of the one-year crisis.

    Last year Armenian businessmen were looking for ways to overcome
    the crisis, while today they are seeking for ways to overcome its
    consequences, Arsen Ghazaryan said.

    However, according to the Chairman of the Union of Manufacturers and
    Businessmen, the crisis and its consequences are not the only reason
    hindering the development of business in Armenia, Corruption greatly
    affects the activity of the small and medium-sized businesses, he said.
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