Leontiev says Armenia would have been failed state without Russia’s support

Different publications have been made on integration of Armenia in the Eurasian Union initiated by Russian President Vladimir Putin. Armenian Minister for Economics has had an interview where he talked about the role of Russia in Eurasian integration.

Mikhail Leontiev, Editor-in-Chief of the Odnako magazine, emphasizes that Russia often forces former members of the USSR to reinsure themselves in foreign policy. In case of Armenia, there is no such opportunity for reinsurance.

The expert calls Armenia a perfect example of a failed state, like Kyrgyzstan or Moldova. He believes that Russia is the reason the country still exists. It depends on Russian gas and transfers IMF specialists keep pointing out.

Leontiev reminded that Armenian national support started with attempts to save environment, closing of the nuclear power plant. Armenia won the Nagorno-Karabakh war

The official reminded that Armenia made efforts to liberalize economy and attract investments. But the efforts brought no results. Armenian communities in Europe and the US failed to help stimulate economy. Leontiev says that there is no European alternative for Armenia.