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New Armenian President Appoints Head Of Government, Cabinet Yet To B

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  • New Armenian President Appoints Head Of Government, Cabinet Yet To B

    NEW ARMENIAN PRESIDENT APPOINTS HEAD OF GOVERNMENT, CABINET YET TO BE FORMED
    by Natalia Leshchenko

    World Markets
    Global Insight
    April 10, 2008

    The official transfer of presidential power took place in Yerevan
    yesterday, with Serzh Sargsyan taking over from Robert Kocharian.

    Sargsyan also appointed Tigran Sarkisian, former Central Bank chairman
    with no party affiliation, as the head of government. The cabinet will
    be formed out of the representatives of four parliamentary parties
    (Republican party, Prosperous Armenia, Armenia Revolutionary Federation
    and Country of Order, although the allocation of portfolios between
    the parties is not decided yet. The cabinet is to be formed within
    the next 20 days.

    Significance:The principal new development with the appointment of
    Tigran Sarkisian is that the widely expected seat swap between Serzh
    Sargsyan, formerly prime minister, and Robert Kocharian, the president,
    in a manner similar to what is taking place in Russia, will not happen
    in Armenia. The ruling elite have decided against such a blatant
    power preservation move after substantial popular protests against
    Sargsyan's election that were dispersed on 1 March, leaving eight
    dead. Hundreds of people turned up to the square where the opposition
    protests took place earlier, while Sargsyan's inauguration ceremony
    was taking place, but no further incidents happened.
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