RA President: I don't think that crisis is fatalApril 10, 2009 - 11:44 AMT PanARMENIAN.Net - The economic crisis spread over Armenia as well. But here it has acquired a specific character, Armenian President said. "In fact, two thirds of Armenians live abroad and render financial assistance to their kin in Armenia. As result of the crisis, foreign transfers have decreased," Serzh Sargsyansaid in an interview with Vesti 24. Asked about the government's anti-crisis plan, President Sargsyan said that it hardly differs from the plans developed by other states. "Of course, we have less opportunities that the United States, Europe or Russia but we will try to support our manufacturers. We seek loans from international structures and I would like to thank Russia for the stabilization loan which will help create job opportunities and launch social projects," he said. "Crisis is not fatal. It not only causes problems but also offers new opportunities," he said. Top stories Azerbaijani President Ilham Aliyev arrived in Moscow on April 22 to hold talks with Russian counterpart Vladimir Putin. Authorities said a total of 192 Azerbaijani troops were killed and 511 were wounded during Azerbaijan’s offensive. In 2023, the Azerbaijani government will increase the country’s defense budget by more than 1.1 billion manats ($650 million). The bill, published on Monday, is designed to "eliminate the shortcomings of an unreasonably broad interpretation of the key concept of "compatriot". Partner news | Get Started: An educational platform for young startuppers The Get Started program which operates in two phases is an important platform for young startuppers. Byblos Bank Armenia celebrates Students' Day with scholarship recipients YSU students who received scholarships from Byblos Bank Armenia gathered in a casual setting to meet with the Bank's CEO, Hayk Stepanyan. Azerbaijan extends Rune Vardanyan’s arrest by 5 months A court in Azerbaijan has extended the arrest of former Nagorno-Karabakh leader Ruben Vardanyan by five months. Armenia border residents dissatisfied with delimitation Residents Kirants are dissatisfied with the results of the delimitation of the border between Armenia and Azerbaijan. |