Armenia should be ready for counteraction to crisis

YEREVAN, December 9. /ARKA/. Armenia should be ready for counteraction to crisis, said Executive Director of Pan-Armenian Bank Vahram Nersisyants.

“Economic team of the Armenian Prime Minister has an experience of such work and is able to solve the problems in the best way”, he said in the press-conference on Thursday.

“I don’t think that crisis problem is solved in Europe as some countries have serious problems”, he said.

Solutions of this situation in Greece are not enough.

“Large crediting volumes which “saved” Greece, resulted in the fact that foreign debt of the country reached 150%” of GDP. There are also such problems in Ireland, Spain and Portugal”, he said.

Nersisyants assumed that the world can face economic problems which existed in 80s during crisis in Latin America. –0–

spot_img

POPULAR

FINTECH360 International Conference Held in Armenia

The international FINTECH360 conference took place in Yerevan, bringing together around 500 participants from more than 30 countries, including the United States, United Kingdom, France, Germany, Switzerland, Cyprus, Latvia, Luxembourg, Romania, UAE, India, Russia, Belarus, Kazakhstan, Kyrgyzstan, Tajikistan, Moldova, Uzbekistan, Georgia, and others.

A New Level of Insurance Innovation: The Armenian Bureau of Motor Insurers and GAIP Sign a Cooperation Agreement

The Armenian Bureau of Motor Insurers and the international organization Global Association of InsurTech Professionals (GAIP) signed a cooperation agreement on Monday in the field of compulsory motor insurance (CMTPLI) and insurance technologies.

Armenia’s loan portfolio has grown by approximately 20% annually for the past three years: Central Bank Governor

Armenia's loan portfolio has grown by approximately 20% annually for the past three years, Central Bank Governor Martin Galstyan announced at a parliamentary session on Tuesday.

Grant Akopian has been elected to the AmCham Board

Grant Akopian, CEO and Chairman of the Management Board of Converse Bank CJSC was elected as the AmCham Board member on April 29.

The international chess tournament supported by IDBank has concluded

The Yerevan Spring ID Cup, organized with the support of IDBank, has successfully concluded.

LATEST NEWS

spot_imgspot_imgspot_img