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.