DEMOCRATIC PARTY CALLS TO REFUSE NEOLIBERALISM

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13:52:41 – 23/02/2010

The Armenian Democratic Party issued a statement on February 19 which
in particular runs that despite some progress on the external front,
the internal policy of the authorities is worrying.

Social justice lacks in the country, no real fight against shadow
economy, corruption and oligopoly is carried out. The party thinks
that the reason of economic failures is in the lack of wish of the
government to renounce from neoliberal system.

According to experts, 40 percent of the economy is in the shadow, about
70 percent in out, the statement says. The foreign debt is 46 percent
of the GDP, only one step separates the country from bankruptcy.

The party calls to renounce from neoliberalism and to take up
democratic socialism.