news.am, Armenia
May 1 2010

In depth of recession we did utmost to hold workplaces: RA President

12:06 / 05/01/2010RA President Serzh Sargsyan addressed the nation on
the occasion of the International Workers’ Day. NEWS.am posts the full
text.

`Dear compatriots, I congratulate you on the International Workers’
Day. This holiday is called to exalt the honest work and the workmen,
as well as assist the protection of workers’ rights.

These are the issues, that are directed connected with economy of the
country. Global recession affected also Armenia. Armenian authorities
made and carry on taking the steps directed towards minimization of
negative consequences of the crisis and stimulate and incite prompt
recovery. In this period we put an emphasis on the social sector and
dud utmost for holding the workplaces. The state has strictly met its
commitments on social repayments and wages.

Economic indicators in these months of the year are higher than
expected, which means that economic growth will provide new jobs and
increase of living standards.

I congratulate you on this May 1 holiday once again, with certainty
that our industrious nation will continue its path of building and
constructive creativity of the motherland.’

S.T.