Yerevan, March 16. /Mediamax/. In Armenia the percentage of businessmen, who indicate increased stress level compared to 2009 is equal to 58%. Globally the index makes 56%.

Mediamax was informed in Marketing Department of “Grant Thornton Amyot” that the research from the Grant Thornton International Business Report (IBR) 2010, covering the opinion of over 7,400 business owners across 36 economies, reads this.

As to the mentioned index, China tops the league (76%), then come Mexico (74%), Turkey (72%) and Greece (68%).

The most common cause during 2009 among leadership of private companies was the economic climate (38%). This was followed by pressure on cash flow (26%) and competitor activities (21%).

Gagik Gyulbudaghyan, Managing Partner of Grant Thornton Armenia, comments that in Armenia business owners feel pressures from different sides: economic climate changes (crisis) of 27%, heavy workload (19%), competitor activities (17%) and pressure on cash flow (14%).

The survey also found a correlation between stress levels and the number of days off taken by an individual in a year. Armenia is in the middle of the holiday league, with business owners on average taking 15 days of holiday during the year, which is more than the global average of 14 days.