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22.39% Of Overall Investments In Armenia's Economy Made By GreekInve

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  • 22.39% Of Overall Investments In Armenia's Economy Made By GreekInve

    22.39% OF OVERALL INVESTMENTS IN ARMENIA'S ECONOMY MADE BY GREEK INVESTORS IN JAN-MAR 2006

    Arka News Agency, Armenia
    June 1 2006

    YEREVAN, May 31. /ARKA/. 22.39% of overall investments in Armenia's
    economy was made by Greek investors in January-March 2006. According
    to the Armenian National Statistics Service, $21.1116mln was invested
    in Armenia in the period under review. $13.968mln of them was direct
    investments in the real economic sector (30.75% of the overall direct
    investments in Armenia in the period under report).

    According to the indicator of investments in Armenia's real economic
    sector, Greece ranks 2nd after Lebanon. Greek investors directed all
    their funds to the communication sector.

    As compared to January-March 2005, investments from Greece decreased
    by 44.7% simultaneously with the 17.3%.decrease of direct investments.

    The overall foreign investments in Armenia's economy totalled $94.3mln
    in January-March 2006. $45.423mln of them was direct investments in
    the real economic sector.
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