Monopolies Impede The Armenian Economy To Cope With The Crisis

MONOPOLIES IMPEDE THE ARMENIAN ECONOMY TO COPE WITH THE CRISIS

PanARMENIAN.Net
13.11.2009 15:18 GMT+04:00

/PanARMENIAN.Net/ The economic downturn of the Armenian economy will
continue in 2010, Artsvik Minasyan, member of the ARF faction told a
press conference in Yerevan. According to him, the reduction of private
transfers to Armenia will continue negatively affect the economy.

Another factor that impeding the economy of Armenia, is strengthening
of monopolictic companies. According to him, the growth of prices for
essential goods is conditioned by monopolies, which seek to aggregate
big capitals quickly. "It is clear that the government cannot get
rid of the requirements imposed by monopolies, " he stressed.

From: Emil Lazarian | Ararat NewsPress

Emil Lazarian

“I should like to see any power of the world destroy this race, this small tribe of unimportant people, whose wars have all been fought and lost, whose structures have crumbled, literature is unread, music is unheard, and prayers are no more answered. Go ahead, destroy Armenia . See if you can do it. Send them into the desert without bread or water. Burn their homes and churches. Then see if they will not laugh, sing and pray again. For when two of them meet anywhere in the world, see if they will not create a New Armenia.” - WS