Armenia-EU cooperation to help overcome negative impact of financial crisis

PanARMENIAN.Net - Armenian Prime Minister Tigran Sargsyan met Thursday with EU Special Representative for the South Caucasus, Peter Semneby to discuss ways to overcome the consequences of world financial crisis, its influence on Armenia and further governmental programs as well as the country's internal political situation and social tension arising from the crisis.



Tigran Sargsyan briefed Peter Semneby on the government's anti-crisis strategy, positive results of negotiations with international financial organizations, including World Bank and IMF.



"We're preparing to face new challenges and will need EU cooperation in a hard period of 2009-2010. Our programs need to be revised, and the preference given to social and investment programs," the Prime Minister said.



He also added that Coordination Committee headed by Armenian Government and National Council are set up for implementation of 2009-2011 priority tasks.



In discussing home policy issues, Mr. Semneby said the EU is interested in establishment of stability and alleviation of the consequences of March 1, 2008 events.