PRESIDENT: ARMENIA INTENDS TO GET OUT OF CRISIS WITH MINIMAL LOSSES

ARKA
Feb 3, 2009

YEREVAN, February 3. /ARKA/. The main objective of Armenia is to
find a way out of the global crisis with minimal losses, Armenian
President Serzh Sargsyan said at his meeting with representatives of
Swiss Armenian community in Zurich.

The world faces a new challenge – a global financial and economic
crisis, Sargsyan said as quoted by the presidential press service.

"So far we have managed to ensure financial stability in the country,
but, no doubt, everybody understands that Armenia cannot stay aside
from the global processes," the President said.

Armenia’s failure to get out of the crisis with minimal losses and
to appear in a better condition as compared to other countries will
mean a poor performance by the authorities, Sargsyan said adding that
the authorities do not want to perform poorly.