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.