Crisis not over in Armenia - Greek official

Crisis not over in Armenia - Greek official

PanARMENIAN.Net - Armenia hasn’t handled the crisis yet, President of the Economic and Social Council (E.S.C.) of Greece said.

According to Christos Polyzogopoulos global developments spark fears over a new “tsunami” as crisis roots haven’t been eradicated yet. “We should always be alert, Armenia too, authorities of which took active efforts to withstand the crisis,” he said.

 Top stories
Maufacturing of tobacco products increased by 49.1% to AMD 94 bn, with production of jewelry also climbing 61% to AMD 18 bn.
Net inflow of remittances to Armenia in the reporting period amounted to approximately $891,4 million, down by 35.8% remitted in 2014.
The EBRD will acquire a stake of around 20% for $30 million. The remaining $10 million will be used for future capital increases.
IFC thus aims to increase the stability of Armenia’s banking sector and support the strategic goals of Ameriabank.
Partner news