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Armenia Facing Hardships

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  • Armenia Facing Hardships

    ARMENIA FACING HARDSHIPS

    PanARMENIAN.Net
    04.03.2009 17:40 GMT+04:00

    /PanARMENIAN.Net/ "We're seriously concerned about the economic
    development in the country and the shocking situation we're facing. We
    believe the authorities were not prepared to this new wave of financial
    crisis ," the member of Heritage party Vardan Khatchatryan told a
    PanARMENIAN.Net reporter. "Armenia is entering into the third stage
    of financial crisis to bring us either to a collapse or to the light
    at the end of the tunnel."

    "The Heritage party believes the situation can still be repaired by
    the authorities and Government.

    As for influence of current situation on political processes, much
    depends on further actions of coalition," Khatchatryan noted.

    The Heritage party is planning a sitting tonight and will be ready
    to deliver a statement tomorrow morning.

    From: Emil Lazarian | Ararat NewsPress
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