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Current Capitalist Relations Exhaust Themselves, Armenian Democratic

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  • Current Capitalist Relations Exhaust Themselves, Armenian Democratic

    CURRENT CAPITALIST RELATIONS EXHAUST THEMSELVES, ARMENIAN DEMOCRATIC PARTY LEADER SAYS

    ARKA
    Nov 24, 2008

    YEREVAN, November 24. /ARKA/. Current capitalist relations have
    exhausted themselves, Aram Sargsyan, leader of the Democratic Party
    of Armenia (DPA), said Saturday at a press conference.

    "This is neither a financial nor economic crisis. It is the decay of
    the current system, and we are witnessing the birth of a new system,"
    the DPA leader was quoted saying.

    According to Sargsyan, like other countries, Armenia is facing serious
    challenges and the only way out of the difficult situation is to hold
    discussions at a variety of levels. The DPA leader stressed the need
    for market regulations in Armenia, calling on the government to assume
    the role of supervisor by combating monopoly and shadow economy.

    The government is still capable of regaining the position it lost
    in the 1990s, Sargsyan said. Armenia needs to take decisive steps to
    avoid further aggravation of the situation, he added.
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