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    Emil Lazarian
  • 11 years ago
    • Categories: News

Zhamanak: Russian Inflation To Affect Armenia’s Economy

ZHAMANAK: RUSSIAN INFLATION TO AFFECT ARMENIA’S ECONOMY

12:05 11/02/2015 >> DAILY PRESS

The Russian Central Bank President has stated that the inflation may
exceed 15 percent this year. Such level of inflation will definitely
affect Armenia’s economy, Zhamanak writes.

Economist Vilen Khachatryan said that the inflation will have an
impact on Armenia’s domestic market and the prices of imported goods
will go up.

In his words, currently, the Russian inflation is at 12 percent and
it is quite realistic that it may reach 15 percent in the second
quarter of the year. He said that except for 750 types of goods,
regarding which the decisions have been delayed, the prices of all
other types of goods will inevitably rise in Armenia.

Source: Panorama.am

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
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