Armenia to overcome crisis in 2010May 21, 2010 - 14:14 AMT PanARMENIAN.Net - 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. Top stories Yerevan has dismissed Turkey’s demand to shut down the Armenian nuclear power plant as “inappropriate”. Armenia will loan 2.9 billion drams to Nagorno Karabakh (Artsakh), according to a draft government decision. The Ministry of Ecology and Natural Resources of Azerbaijan has “strongly condemned” Armenia’s decision. Kerobyan has said that for the first time in the history of Armenia, the volume of foreign direct investments amounted to about $1 billion. Partner news | Lemkin Institute petition seeks release of Armenians in Azerbaijan The Lemkin Institute is deeply concerned about the continued illegal detention of political prisoners from Karabakh in Azerbaijan. Armenian Catholicos calls for national unity against threats Karekin II issued a message on Republic Day marking the anniversary of the First Armenian Republic. Pashinyan: Armenia’s desired goal is “on the horizon” Prime Minister Nikol Pashinyan has said that Armenia is moving forward “without interruption”. Opposition leader, supporters spend night at Sardarapat memorial Police made nearly 300 arrests the day before as Galstanyan and his supporters continued to demonstrate in Yerevan. |