EU offers no money to Eastern Europe for struggling financial crisis; the organization itself is in want

March 3, 2009 - 23:48 AMT  23:01 GMT
The latest special EU summit in Brussels revealed serious disagreements between «old» and «new» Europe. As a matter of principle, disagreements have existed at all times, but the world economic crisis, as it always happens in such cases, only intensified the growing dissatisfaction of the Eastern bloc. Indeed, first it was disappointed with US President Barack Obama, who agreed on the anti-missile defense systems with President Medvedev, and now - German Chancellor Angela Merkel.

World financial crisis blighted the Armenian job market

February 23, 2009 - 19:54 AMT  23:01 GMT
The impact of the world financial crisis on the Armenian economy and social state of people has already become perceptible, especially in the population employment sector. The alarm has already sounded for a number of employment agencies: employers' offers are decreasing in ratio with the increasing labor supply.

In 2008 the major event in the region was the visit of Turkish President to Yerevan

December 25, 2008 - 19:56 AMT  23:01 GMT
The year of 2008 was also a time of reformatting the South Caucasus Region. After the «five-day» war of Georgia against South Ossetia it became clear that new division lines were to be outlined in the region. No doubt unwilling to do it himself, President of Georgia made a «regal» present to RF that had long been waiting for an opportunity to gain revenge against the USA for the too profound an interference it had in the solution of Caucasus problems. The result was a much more chaotic bedlam in which even the most «skillful» states were unable to "catch a fish".
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