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International Loans Will Force Armenia To Make Political Concessions

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  • International Loans Will Force Armenia To Make Political Concessions

    INTERNATIONAL LOANS WILL FORCE ARMENIA TO MAKE POLITICAL CONCESSIONS: BAGRATYAN

    Tert.am
    17:16 ~U 18.01.10

    Armenia is in need of serious medical assistance in both policy and
    economy, said Armenian National Congress (ANC) representative and
    former prime minister Hrant Bagratyan in a press conference today.

    "It doesn't take an economist to understand that the situation is
    devastating," he said.

    The ANC rep turned his attention to the loans Armenia has received
    from international agencies in order to fight against the crisis
    from Russia.

    "If you don't return the funds after 4 years, you have to make
    political concessions," he noted, adding, that if the Armenian side,
    as it seems today, is refraining from the proposed solutions to
    settling the Nagorno-Karabakh conflict, a few years down the line
    "it'll be begging for it."

    As for the country's economic growth, the former prime minister
    drew attention to the fact that, over the last 2 years, Armenia has
    fallen behind Azerbaijan twice. Bagratyan is convinced that "a group
    of patriotic individuals" could take charge of the situation.

    "We will change the tax system, we won't allow the working president
    to be a millionaire, like the second president. And we won't allow
    the church to get involved in business affairs... then what Christ?"
    concluded Bagratyan.
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