WORLD FINANCIAL CRISIS IMPACT ON ARMENIA

Panorama.am
Source: 20:31 30/10/2008

"Though Armenian economy does not have stock market and by this
is isolated from world economy, still we are not guaranteed that
world crisis does not threaten us," said economist Tatul Manaseryan
during a discussion on "World economic crisis: its possible impact
on Armenia". In this regard the economist highly recommended taking
measures in some aspects.

Andranik Tevanyan, the director of "Politeconomy" research center
said that the crisis has had its influence on Armenian real estate,
etc. According to him Armenian authorities could derive benefit from
the current situation.