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Armenia To Overcome Crisis In 2010

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  • Armenia To Overcome Crisis In 2010

    ARMENIA TO OVERCOME CRISIS IN 2010

    PanARMENIAN.Net
    May 21, 2010 - 14:14 AMT 09:14 GMT

    French Minister of Economic Recovery Plan and President of the
    General Council of Hauts-de-Seine department Patrick Devedjian said
    that although the global crisis has affected Armenia's economy,
    the republic will overcome the depression in 2010.

    "Today, Armenia is still affected by the crisis, which resulted in
    suspension of a range of construction projects. However, I believe
    that Armenia will start recovering in 2010," Devedjian told a press
    conference in Yerevan on May 21.

    "Armenia has recorded a considerable progress as compared with my
    first visit in 1991," Devedjian said, adding that some activation is
    observed in economy, as the Armenian nation has always been remarkable
    for its spirit of enterprise and diligence.
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