Lragir, Armenia
Dec 26 2007

KOCHARYAN WILL SOLVE PSYCHOLOGICAL PROBLEMS

During the traditional end of year meeting with over 60 businessmen
on December 25 President Kocharyan made some interesting statements.
In particular, he made an interesting interpretation of the issue of
monopolies in Armenia. According to him, the problem is not the
monopoly itself but the businessmen with dominating position for whom
the emergence of competitors is related to psychological factors.
Kocharyan says consistent efforts are needed for overcoming those
factors.

During this meeting the president also spoke about the revaluation of
the dram and fluctuations of the exchange rate of the dollar for
several days. He said they have conducted a survey and soon the
speculators will be exposed and punished.

We have learned that those who have monopolies and who have to do
with the fluctuations of the exchange rate were touched by
Kocharyan’s statements.