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