May 6, 2009 - 19:38 AMT
Around 70% of Armenian citizens felt financial crisis impact
Around 70% of Armenian citizens felt the negative impact of financial crisis, Economy and Values Research Center stated, based on public opinion poll results.

Around 44% of the polled households noted reduction in incomes, 15% - untimely payment of salaries, 11% of the polled found themselves in forced idle state, and 7% - became unemployed, Economy and Values Research Center Chairman Manuk Hergnyan told a news conference in Yerevan.

11-25% of incomes reduction was registered, at that the largest level of reduction was registered in Yerevan, where 40% of the polled noted that the incomes of their families have reduced in the range of 26-50%.

Around 80% of the polled entrepreneurs believe that the crisis in the course of 2009 will become worse. "Only 20% of business entities were optimistic, believing that the crisis will be overcome soon," Hergnyan added.

The poll was conducted among 100 households.