TendersInfo
February 20, 2010 Saturday

Grant Thornton: Armenian entrepreneurs becoming more optimistic about 2010

Armenian entrepreneurs are becoming more optimistic about availability
of loans in 2010, Grant Thornton International says in its 2010
International Business Report sent to ARKA News agency by Grant
Thornton Amyot, audit and consulting company.

According to the report, the global crisis is subsiding now, and
private companies hope for greater financing in 2010 is running high.
The report says 35% of entrepreneurs think their financing will be
greater or considerably greater in 2010 than in 2009.
Some 69% think their creditors promote or promote a great deal their
businesses. This result repeats that of the previous year. In its
report, Grant Thornton International says many countries remain
pessimistic, and their creditors promotion remain sluggish.
In particular, France, Greece, Ireland, Russia and Thailand are now
among 36 most pessimistic countries. China s presence in the row of
the most pessimistic countries was extremely unexpected.

Instead, Chilean, Indian and Philippine businessmen say loans are more
available in their countries than the average world indicator. After
2009, some big countries, such as the United States, New Zealand, Hong
Kong and Singapore found themselves in this category.

Japanese, Polish, Malaysian and Spanish businessmen find prospects for
getting funds low, despite existence of promoting creditors. Companies
in Armenia, Argentina, Brasilia, Finland and Turkey, despite their
constant dissatisfaction with lenders, are more optimistic about 2010.
Ltd.

From: Emil Lazarian | Ararat NewsPress