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According To Forex Club, Armenia Overcomes Post-Crisis Issues Dynami

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  • According To Forex Club, Armenia Overcomes Post-Crisis Issues Dynami

    ACCORDING TO FOREX CLUB, ARMENIA OVERCOMES POST-CRISIS ISSUES DYNAMICALLY

    ARMENPRESS
    NOVEMBER 1, 2010
    YEREVAN

    YEREVAN, NOVEMBER 1, ARMENPRESS: According to "Forex Club" company,
    Armenia dynamically overcomes the issues originated as a result of
    the global economic crisis, registering 10, 9 % growth in industry
    in the 9 months of 2010. It is already for 10 years that Forex Club
    implements researches in the financial and economic sphere in Armenia.

    Analyzer of the company Michael Verdyan, presenting their resolution
    of activities directed toward overcoming of crisis in Armenia and the
    restoration process of economy said that the attempts of overcoming
    the crisis in Armenia have started from 2009.

    Head of "Forex Club" information-analytical center Nikolay Ivchenko
    is sure that trade is a branch promoting restoration of Armenia's
    economy, the sphere of transport, communication, and construction
    are of importance, too," he noted.

    "If we compare the development tempos of Armenia, Georgia and
    Azerbaijan, we will see that Armenia is in leading position, as
    the others are developing mainly thanks to foreign support," head
    of the company's analytical department Andrey Dirgin said. In his
    opinion, the opening of the Armenian-Turkish border will greatly
    contribute to Armenia's economy. "It would be good if the political
    issues were smoothened as soon as possible, for the opening of the
    Armenian-Turkish border would be a new and powerful way of economic
    development, Mr. Dirgin added.

    According to analyzers, it is the USA that dictates the tempos of
    restoration of the global financial and economic crisis, and the
    economy of the latter, is moving forward to post-crisis restoration
    with slow, but firm steps.




    From: A. Papazian
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