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Armenian authorities face dilemma - newspaper

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  • Armenian authorities face dilemma - newspaper

    Armenian authorities face dilemma - newspaper

    March 22, 2014 | 08:31


    YEREVAN. - Representatives of the Armenian authorities confess that
    there is no final decision yet on what to do with the mandatory funded
    component of the new pension system, Haykakan Zhamanak daily reported.

    "If an impressive crowd is gathered in today's [Saturday's] rally [in
    capital city Yerevan, and against the new pension law], the government
    will find itself in a quite difficult situation. [President] Serzh
    Sargsyan repeatedly stated that the mandatory funded [pension] must
    definitely be launched.

    "The authorities fear that today's rally will be bigger than expected,
    and they will have to choose between the mandatory funded [pension]
    and the further expansion of the fight by the "Dem Em [I am against]"
    [civic initiative, which opposes the new pension law inArmenia].

    "Especially against the backdrop of the Russian economic crisis, the
    mandatory component is the government's only hope of maintaining a
    more or less stable economic situation in Armenia.

    "And Sargsyan's PR team thinks that a decision on wavering the
    mandatory [component], after his decisive statement, will further
    damage his already damaged image," Haykakan Zhamanak wrote.


    News from Armenia - NEWS.am

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