YEREVAN. – Only a sharp economic slowdown in Russia may affect Armenia, Minister Armen Chshmarityan told reporters on Tuesday.

“Anyway, Russia is a country with huge economic potential, and I am more optimistic,” the Minister said.

According to the recent Moody's forecast, Russia's economy may decrease by 0.5-1.5 percent. S&P agency forecasts 1.2-percent growth, while IMF – 0.2 percent.

According to IMF forecast, the expected economic growth in Armenia in 2014 is 4.3 percent as compared to 3.2 percent  last year