  Armenia to overcome crisis in 2010 May 21, 2010 - 14:14 AMT PanARMENIAN.Net - French Minister of Economic Recovery Plan and President of the General Council of Hauts-de-Seine department Patrick Devedjian said that although the global crisis has affected Armenia’s economy, the republic will overcome the depression in 2010. “Today, Armenia is still affected by the crisis, which resulted in suspension of a range of construction projects. However, I believe that Armenia will start recovering in 2010,” Devedjian told a press conference in Yerevan on May 21. “Armenia has recorded a considerable progress as compared with my first visit in 1991,” Devedjian said, adding that some activation is observed in economy, as the Armenian nation has always been remarkable for its spirit of enterprise and diligence.   Top stories Yerevan has dismissed Turkey’s demand to shut down the Armenian nuclear power plant as “inappropriate”. Armenia will loan 2.9 billion drams to Nagorno Karabakh (Artsakh), according to a draft government decision. The Ministry of Ecology and Natural Resources of Azerbaijan has “strongly condemned” Armenia’s decision. Kerobyan has said that for the first time in the history of Armenia, the volume of foreign direct investments amounted to about $1 billion.   Partner news |  Latest news Titus, Bilirakis lead legislation to sanction Azerbaijani war criminals  Representatives Dina Titus (D-NV) and Gus Bilirakis (R-FL) have introduced the bipartisan legislation.Azerbaijan must respect human rights, Scholz tells Aliyev German Chancellor Olaf Scholz has called for greater respect for human rights in Azerbaijan.Armenia: Defense Ministry warns against involving army in political processes The Ministry’s statement came after a video surfaced online, showing soldiers joining the protests in Tavush.Scholz hopes Armenia-Azerbaijan peace treaty will be signed this year German Chancellor Olaf Scholz hopes that a peace treaty between Armenia and Azerbaijan will be signed this year. |
