YEREVAN, December 23. \/ARKA\/. On Tuesday, Armenian President Serzh Sargsyan, summarizing the 2009 results at his meeting with entrepreneurs, said 2010 would be a year of persistent work and quick economy recovery for Armenia.
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\nHe said that 2009 was a hard year for Armenia\u2019s economy, when every entrepreneur had to resist challenges emerged amid adverse things in the economy and to take in to account human factor in searching solutions, acknowledging social responsibility for their employees and their families.
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\n\u201cI know that your decisions were coming from classical rules for doing business. Very often you made their decisions for the sake of people, your employees, not in favor of your business. You were guided by wish to maintain jobs. I understand this very well.\u201d
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\nThe head of state said that entrepreneurs and the government, with joint efforts, have managed to avoid the worst trouble \u2013 social turmoil and shielded socially insecure people from stronger shocks.
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\n\u201cLooking through economic developments, taken steps and the stance taken by our entrepreneurs in 2009, we can say that a new class of entrepreneurs is forming in Armenia now. These entrepreneurs don\u2019t put momentary profits above creation of long-term, firm and balanced business style. This very stratum of entrepreneurs constitutes the pivot of any country.\u201d
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\nSargsyan said that such challenges could undermine entrepreneurship in such a small country, but no signs of sluggishness have been seen among Armenian entrepreneurs and the country.
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\nArmenian entrepreneurs, he said, has always been singled out for their flexibility and smart decisions, and the economic recession came as a test for resourcefulness.
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\nThe president said that those Armenian entrepreneurs loosing some outlets overseas should shift their focus quickly and concentrate their efforts on searching new ideas.
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\n\u201cI know dozens of such initiatives voiced by Armenian entrepreneurs,\u201d he said. \u201cThose investors having a rich experience with foreign markets should try entrepreneurship and export. We have already placed on record particular success in this area.\u201d
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\nThe banking system that has gone through the recent trials and proved to be firm should propel small- and mid-scale businesses.
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\n\u201cToday we can record progress in this area, noting that there are certain expectations from this area,\u201d Sargsyan said.
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\nHe said that the government and the presidential administration would make every effort to recover the national economy in 2010.-0—<\/p>\n","protected":false},"excerpt":{"rendered":"
President: 2010 to be a year of persistent work and economy recovery for Armenia<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","tstyn_error":""},"categories":[314,307],"tags":[15837,12172,12206],"class_list":{"0":"post-5786","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-314","7":"category-307","8":"tag-armenia-2","9":"tag-economy-en","10":"tag-president"},"acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/5786","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/comments?post=5786"}],"version-history":[{"count":0,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/5786\/revisions"}],"wp:attachment":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/media?parent=5786"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/categories?post=5786"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/tags?post=5786"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}