The President of Armenia Serzh Sargsyan’s position has remained steady for the recent months, the British Economist Intelligence Unit report reads.

The experts believe that Sargsyan will stay in the highest office till the 2013 presidential elections.

The research center believes that it will be hard to attempt to improve relations with Turkey, as no progress has been achieved recently with the chief ally of Turkey Azerbaijan over the Nagorno-Karabakh conflict. Regarding economic indexes, the experts believe that the 4.7 percent GDP increase last year will go down to 3.6 percent this year due to deterioration of the environment.

Following the decrease up to 7.7 percent last year, inflation will continue to go down and will reach 4.8 percent next year. Deficit will make on average 11.5 percent GDP in 2012-13.