// IP Marketing video - START// IP Marketing video - END

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
Annual deflation in the country was at 1.9% in August, compared to 1.3% deflation in July, according to central bank data.
Armenia has been listed in the top 20 among the world’s most economically free countries, raking the 18th out of 159 countries and territories.
Another of the issues the PM weighed in on was corruption. He said that new committees will be established to tackle the issue.
The foreign debt makes up around $4.5 billion, including the government’s $3.99 billion and the Central Bank’s $502.4 million debts.
Partner news