Herman Wifells: "International Crisis Less Dangerous For Armenia"

HERMAN WIFELLS: "INTERNATIONAL CRISIS LESS DANGERIOUS FOR ARMENIA"

Panorama.am
18:21 13/10/2008

On October 11, the Prime Minister of Armenia Tigran Sargsuan has
had a meeting with World Bank Netherlands branch executive director
Herman Wifells, said Diana Mnacakanyan, the press secretary of the
Prime Minister.

The key topic of the meeting was the financial-economic crisis,
its developments in Russia and the possible reflection on
Armenia. The sides have also discussed the rate of the damage cost
by Georgian-Ossetian conflict on the economy of Armenia.

According to Herman Wifells, though the international crisis is
deepening, Armenia will have less impact of it. He said that according
to the previsions of the World Bank and World Monetary Fund in 2009
the highest economic growth rate will be fixed in Armenia.

From: Emil Lazarian | Ararat NewsPress

Emil Lazarian

“I should like to see any power of the world destroy this race, this small tribe of unimportant people, whose wars have all been fought and lost, whose structures have crumbled, literature is unread, music is unheard, and prayers are no more answered. Go ahead, destroy Armenia . See if you can do it. Send them into the desert without bread or water. Burn their homes and churches. Then see if they will not laugh, sing and pray again. For when two of them meet anywhere in the world, see if they will not create a New Armenia.” - WS