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"They Should Resign": Protest Against Dram Depreciation And Price In

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  • "They Should Resign": Protest Against Dram Depreciation And Price In

    "THEY SHOULD RESIGN": PROTEST AGAINST DRAM DEPRECIATION AND PRICE INCREASES

    12.19.2014 21:09 epress.am
    http://www.epress.am/en/2014/12/19/%E2%80%9Cthey-should-resign%E2%80%9D-protest-against-dram-depreciation-and-price-increases.html

    A group of citizens protested outside the government building against
    dram depreciation and product price increases. The citizens expressed
    concern that dram's depreciation and dollar's appreciation have shown
    that Armenia, having an economy monopolized by oligarchs, has been
    unable to secure the implementation of its citizens' social rights

    The protesters gathered in front of the government building formulated
    a group of demands. The first being the government's undertaking
    of urgent measures until December 23 in order to bring goods and
    services to their pre-crisis prices. As to what urgent measures
    needed to take place, the protesters did not know. They emphasized,
    "That's not our concern, if they can't do it, they should resign,"
    explained one of the protest organizers.

    The protest participants also stated that the oligarch businessmen
    manipulated the dollar's appreciation and even baselessly increased
    the prices of domestically manufactured products. Talks around this
    topic were interrupted when journalists flocked toward oligarch Samvel
    Aleksanyan (aka Lfik Samo) who had exited the government building.

    Aleksanyan did not answer any questions, entered his car and left.

    The protesters also demanded a stop to Armenia's membership process
    into the Eurasian Economic Union (EEU).

    "If we're so dependent on Russia even before entering the EEU,
    imagine what will happen after entering the union," foresaw one of
    the participants. The demonstrators also demanded that the government
    recalculate the citizens' dollar loans and ban the ruble's speculative
    transfers from Armenia to Russia and Russia to Armenia.

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