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  • Archive for November 23rd, 2009

    WB: consumer expenses in Armenia reduce 7% in 2nd Q 2009

    Monday, November 23rd, 2009

    Armenian households’ consumer expenses shrank 7% in the second quarter 2009, compared with the same period a year earlier, the World Bank said in its preliminary study on poverty in Armenia and social consequences of the global recession.

    CIS economies back on recovery track: Armenian PM

    Monday, November 23rd, 2009

    Back from a CIS prime ministers’ meeting in Ukrainian Yalta, Armenian premier Tigran Sarkisian told journalists that the CIS economies hit the bottom and are back now on recovery track.

    Armenia’s full-year economic contraction to stand at 15%: PM

    Monday, November 23rd, 2009

    Armenian Prime Minister Tigran Sarkisian told journalists that the country will close the outgoing year with a 15% full-year economic contraction.