Orsalia's Admiration

    • JAMES HAKOBYAN
    • Business - Saturday, 23 June 2012, 11:08

Orsalia Kalantzopoulos, the Secretary General of the Black Sea Trade and Development Bank, announced during the business forum in Yerevan that she admires the Armenian economy.

Either the secretary general is a master of black humor or the Armenian economy is admirable to Kalantzopoulos compared with the economy of Greece from where the official comes from, judging by her surname.

The point is that the Armenian economy is difficult to describe as admirable. There is nothing to admire in an economy consisting of mines and supermarkets, while buying capacity is mainly ensured by remittances or electoral bribe distributed once in 4-5 years.

In order to admire the Armenian economy one has to be exceptionally polite or exceptionally cynical, or yet have no idea of the state of this economy.

It is difficult to say which is true in this case. Maybe it is a problem of translation, and the foreign official’s statement was not translated accurately. It is possible that the reason for admiration is known to Orsalia only.

In any case, foreign officials visiting in Armenia should be a little for attentive and polite in their evaluations of the economic and political situation in Armenia and always keep in mind that the citizens of Armenia might be hearing them, who are now, particularly from the point of view of the economy, are fighting their lives through in this country with barely 2.5-3 million people but a bunch of millionaire officials.

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