It has already become a tradition: every year the process of Karabakh conflict settlement is completed in the same way - at the annual summit, the OSCE Ministerial Council issues a statement which almost repeats the previous one with the mandatory confirmation of the necessity to continue the process of finding a peaceful solution based on Madrid principles. However, this year the usual course of negotiations was somehow disturbed by the signing of the Armenian-Turkish Protocols.

Throughout the past week the focus of the Armenian community was on the issues of the Karabakh conflict settlement, and the Munich meeting of the Presidents of Armenia and Azerbaijan. A little less as compared with the previous week, was touched upon the ratification of Armenian-Turkish Protocols. A significant event of the week was also the 12th congress of the Republican Party of Armenia.

Over the past 10 months, Armenia fixed a 17.5% economic downfall compared to the same period of last year. According to the official data of RA National Statistic Service, GDP in January-February comprised AMD 2466,3 billion. This is a very promising rate which leads local and foreign experts to the assumption that 2009 economic downfall will make up 15%.