WB: Armenia to see 16-17% economic recession
World Bank (WB) forecasts a 16-17% economic recession in Armenia.
"2009 was a hard year for Armenia but the republic tends to recover," head of the WB Yerevan Office, Mr. Aristomene Varoudakis told reporters on Thursday. "Prices for molybdenum and copper go up gradually, the real estate market also seems to activate."
"2009 was a hard year for Armenia but the republic tends to recover," head of the WB Yerevan Office, Mr. Aristomene Varoudakis told reporters on Thursday. "Prices for molybdenum and copper go up gradually, the real estate market also seems to activate."
