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In Case He Is Elected, Ex-President Of Armenia Plans To Reconsider T

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  • In Case He Is Elected, Ex-President Of Armenia Plans To Reconsider T

    IN CASE HE IS ELECTED, EX-PRESIDENT OF ARMENIA PLANS TO RECONSIDER THE BANKING LEGISLATION

    Mediamax
    January 7, 2008

    Yerevan /Mediamax/. In case he is elected for the position of the
    President, Ex-President of Armenia Levon Ter-Petrosian intends to
    reconsider the banking legislation.

    Mediamax reports that Levon Ter-Petrosian's pre-election program,
    titled "Pre-election program or quiet thoughts", reads this.

    The Ex-President, in particular, proposes to "extend the authorities
    of the Board of the Central Bank at the expense of the unequal
    authorities of the Chairman of the Board, mitigate the requirements
    for registration of new banks, stimulate the activity of investment
    funds, the Stock Exchange and credit registrations".
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