Did the HHK fling down the gauntlet?

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Did the HHK fling down the gauntlet?
[05:44 pm] 09 March, 2009

`The Coalition forces will gain more votes than others. The struggle
will be rather tense,’ the leader of the Republican Party of Armenia
(HHK), Galust Sahakyan said regarding the upcoming election of the
Yerevan City Council. The HHK Leader advised the opposition `not to be
that passive and take the posture of a loser.’

`The opposition says they will score good results if a parliamentary
election is conducted in the country. They had better prove their
ideology,’ says Galust Sahakyan.

With regard to Gagik Beglaryan’s appointment to the post of Yerevan
Mayor, the HHK Leader said: `If we announce that Beglaryan is the
first on the list it means he will be appointed to the post otherwise
the City Hall’s activity would become passive.’

Asked whether the HHK threw down the gauntlet to other forces with
Beglaryna’s designation, Galust Sahakyan said: `I must say that the
Republican Party has more levers in upper echelons as Armenia’s most
top officials are HHK members.’ He also added that the HHK is on good
terms with the Coalition forces.

`No need to become panic-stricken’

`The global economic crisis will end in the autumn,’ says Galust
Sahakyan. He also predicts economic growth in Armenia. `I think many
countries will end the year with losses but that won’t be a great
tragedy,’ he says. Asked whether the state budget might be reviewed
after the floating currency swap, the HHK Leader said: `The budget
will likely be curtailed if the crisis further deepens.’ I think it is
too early to make any predictions. The financial market is fully
liberalised today and I think it will promote to the liberalisation of
the commodity market. Some expenses can be reduced,
others-ignored. People should not panic. The farther we stay from it,
the easier the crisis can be surmounted.’

Dep. finance min: no precipitous changes in exchange rates expected

Deputy finance minister: no precipitous changes in exchange rates
expected in Armenia

YEREVAN, March 10. /ARKA/. No precipitous changes in exchange rates are
expected in Armenia in the nearest future, Armenian Deputy Finance
Minister Vardan Aramyan said.

`Today exchange rate of the dram corresponds to the economic fundament.
I don’t think that the dollar can surge again’, he said.

This Tuesday the CBA Board took into account the gradually worsening
trade conditions amid the present global economic and financial crisis,
as well as lower capital flow rates, and decided to restrict its
interventions in the currency market thereby reverting to its floating
exchange rate policy. CBA experts believed the dollar average exchange
rate would be 360-380 AMD/$1 this year.

As a result, the dollar leapt to AMD 380/400 per dollar driving food
and fuel prices up and triggering panic. Ordinary people rushed into
supermarkets for butter, sugar and flour.

State Commission on Protection of Economic Competition says prices for
vegetable oil, butter, petrol and sugar immediately soared.

Aramyan said that the return to floating exchange rate policy was
prompted by objective factors, such as declining trade, dwindling
inflow of money transfers and reducing reserves of the Central Banks of
Armenia.

He said that Armenian specialists have studied the experience of many
countries, such as Russia, where the authorities implemented a gradual
transition to floating exchange rate policy.

They have also discussed the matter with IMF and WB experts.

Aramyan said that Armenian authorities have chosen precipitous turn to
floating policy, since it needs little expenses, minimizes public
pessimism and leaves less room for speculative manipulations.

In his opinion, the exchange rate is already steady. He pointed out
margin in deals with currency as evidence of that.

`If demand/supply margin was AMD 20 on March 4 and 5, while now it is
five to six drams’, he said.

Earlier, Prime Minister Tigran Sargsyan said that the authorities are
correcting the exchange rate in favor of the national currency.

`Now, correction runs toward revaluation of Armenia dram and the range
calculated by the Central Bank, IMF, WB and independent experts, who
agreed that the exchange rate ranges from AMD 360 to 380 per dollar’,
Sargsyan said then.

On March 3, the Central bank of Armenia announced the return to
floating rate policy.

As a result, the dram plunged 66.36 percentage points against the
dollar, compared with March 2, to AMD 372.11 per dollar.

The dram’s downward motion continued also on March 4 ` it slipped 0.84
points against the dollar.

In recent two days, the national currency started strengthening.

It climbed 12.74 points against the dollar on March 9, compared with
March 3, and reached AMD 359.3
7 per dollar. M.V.-0–

Government-private sector coope to be model of new world, PM says

Government-private sector cooperation to be model of new world,
Armenian premier says

YEREVAN, March 6. /ARKA/. Armenia’s government plans to adopt a
doctrine to make the private sector-government cooperation a new basis
for the public management system, RA Prime Minister Tigran Sargsyan
said during the Friday conference Crisis: Russian and Armenian Versions.

`There must be a new way of the private sector-government coexistence
with new management solutions, without which it is impossible to build
an effective management system,’ the premier said, adding the
government and the National Competitiveness Council (NCC) are trying to
reach strategic decisions.

`Together, we are elaborating doctrines and concepts and we have a
common vision of further projects,’ Sargsyan said.

The premier pointed out that some lawyers had been categorically
against the idea of establishing such structure, saying it would limit
the government’s power in making strategic decisions.

`We vow to make decisions together with the representatives of the
private sector, including businessmen form the Armenian Diaspora. These
successful entrepreneurs have proved to have a right making strategic
decisions,’ Sargsyan concluded. Z. Sh. `0–

Economist: The Enduring Popularity Of Recep Tayyip Erdogan

THE ENDURING POPULARITY OF RECEP TAYYIP ERDOGAN

Economist
europe/displaystory.cfm?story_id=13240303
March 5 2009

But will popularity blunt the reforming zeal of Turkey’s prime
minister?

AT A recent rally in the predominantly Kurdish city of Van, in
south-east Turkey, Recep Tayyip Erdogan was in his element. Turkey’s
prime minister rattled off his government’s achievements, bellowing
out to a jubilant crowd, "22 primary schools, five health clinics,
82 kilometres of paved roads".

With only three weeks to go before countrywide municipal elections
on March 29th, Mr Erdogan has hit the campaign trail in a confident
mood. Most opinion polls suggest that his mildly Islamist Justice and
Development Party (AKP) will clobber its opponents yet again. The
secular opposition Republican People’s Party (CHP) is so desperate
that it no longer talks much of the risk of sharia law or the dangers
of Kurdish separatism. Instead it has resorted to recruiting female
candidates who wear the Islamic headscarf and calling for the Kurdish
new year to be declared a national holiday.

None of this is likely to make much impression on voters, most of whom
will stick with the AKP. Nor will it affect Mr Erdogan’s policies. Ever
since he was handsomely re-elected in the 2007 general election, his
critics say that the prime minister has become increasingly autocratic,
drifting away from the reformist agenda that first brought the AKP to
single-party rule in 2002. It does not help that the European Union is
continuing to prevaricate in the long-drawn-out talks about Turkey’s
membership application, sapping enthusiasm for reform in Ankara.

As further evidence of autocratic tendencies, the critics point
to Mr Erdogan’s continuing quarrel with Aydin Dogan, the country’s
biggest media mogul, whose outlets have exposed corruption scandals
in which individuals close to the government have been implicated. Mr
Dogan believes this explains why he faces a $500m claim for allegedly
unpaid taxes, a charge he passionately denies. "Turkey has become a
republic of fear," complains Sedat Ergin, managing editor of Milliyet,
a leading Dogan newspaper.

On the international front Mr Erdogan is raising eyebrows for more
than his (understandable) loss of enthusiasm for the EU. He has also
attracted unfavourable attention for his virulent attacks on Israel,
especially during its war in Gaza, and for his budding friendships
with Iran and Sudan.

Among ordinary Turks, however, Mr Erdogan remains the most popular
and charismatic leader since a visionary former prime minister and
president, Turgut Ozal. One old Kurdish woman in Van sums up the mood:
"Tayyip is one of us, he treats us as equals." Mr Erdogan’s popularity
has even forced his enemies, notably the country’s hawkish generals,
who have often tried to topple his government, to back off.

Mr Erdogan’s touch was in evidence in Van as he and his vivacious
wife, Emine, handed out toys to ragged children. Elsewhere in Turkey,
the government has been giving away coal, school textbooks and, as
the elections draw near, even fridges and washing-machines to the
poor. Such profligacy has angered the IMF. A long-delayed standby
facility with the fund has yet to be signed because of differences over
public spending. But a defiant Mr Erdogan insists, in an interview,
that Turkey’s economy is robust enough to get through its current
troubles without IMF help.

Like most countries, Turkey has been hit by the world financial
crisis. The Turkish lira is slipping against the dollar, GDP
is expected to shrink this year and unemployment is rising. Yet,
partly thanks to tough regulation, not a single Turkish bank has gone
under. The economy is wobbling but remains on its feet.

No wonder Mr Erdogan is so confident. Many worry that another big
electoral win may swell his head further. Yet for all his pre-electoral
posturing, there are signs that his pragmatic self may come back. He
seems to have grasped that he has an image problem. He has hired a new,
affable spokesman and is courting foreign journalists for the first
time. In an interview with this correspondent, he freely bestowed
smiles (and dried fruit) as he insisted he was no autocrat. "I can
be impatient at times," was all he would admit.

The launch of Turkey’s first official Kurdish-language television
channel in January and the government’s calls for the establishment
of Kurdish literature departments at state universities have raised
hopes of more reforms. After years of mutual hostility, Turkey and the
Iraqi Kurds are at last talking. A deal with separatist guerrillas
from the Kurdistan Workers’ Party (PKK), who have been fighting the
Turkish army since 1984 from bases in northern Iraq, is said to be
on the table. Turkey’s generals are tentatively compliant.

All of this will make Mr Erdogan’s meeting this weekend with Hillary
Clinton, America’s secretary of state, especially significant. Mr
Erdogan will brief her on talks with another former Turkish foe,
Armenia. Once the local elections in Turkey and the April 24th
anniversary of the mass killings of Ottoman Armenians in 1915 are
past, it is expected that formal ties will be re-established between
the two countries and their long-closed border will be reopened. This
may also stave off attempts by America’s Congress to pass a resolution
calling the massacres a genocide.

An IMF deal is widely expected after the local elections as well,
though Mehmet Simsek, the economy minister, insists that the IMF must
drop some of its more "orthodox" demands. On progress towards joining
the EU, the next big test for Mr Erdogan will be whether he can budge
a bit more on the opening of Turkish ports and airports to Cyprus,
shaming Turkey’s detractors within the EU (notably the French) into
stopping their efforts to undermine the membership talks.

The appointment of Egemen Bagis, a sharp young English-speaker, as
Turkey’s first cabinet-rank EU negotiator suggests that Mr Erdogan
may make a fresh effort to put the EU talks back on track. But if he
is genuinely serious, he will have to take a second shot at rewriting
Turkey’s constitution, crafted by the generals after a military coup
in 1980. His previous attempt at this almost led the Constitutional
Court to ban the AKP on the ground that it was trying to impose
sharia law. That is because he started off in piecemeal fashion by
trying to ease bans on the Islamic headscarf in government offices
and universities. Mr Erdogan would do better this time if he worked
with the opposition to produce a constitution that met the wishes of
all Turks, not just pious ones.

http://www.economist.com/world/

Serzh Sargsyan Introduced New Mayor Of Yerevan

SERZH SARGSYAN INTRODUCED NEW MAYOR OF YEREVAN

Panorama.am
14:26 05/03/2009

Today the new appointed Mayor of Yerevan Gagik Beglaryan was introduced
to the Municipality Staff and the representatives of other communities
by the President of Armenia Serzh Sargsyan.

The President says that Yervand Zakharyan’s investment in serving
fairly his city has been much as the Yerevan of 2003 has no comparison
with today’s Yerevan. The President thanked the former Mayor and said
that his skills would be used in other fields.

According to Serzh Sargsyan the new Mayor is able to make the
Municipality’s activities breathe fresher. He said that Gagik
Beglaryan is able to create new useful elements signifying those
already invested.

Calling On Buyers To Be Calm, STAR Company Had To Temporarily Suspen

CALLING ON BUYERS TO BE CALM, STAR COMPANY HAD TO TEMPORARILY SUSPEND ITS TRADE

Trend
March 3 2009
Azerbaijan

Calling on the buyers to be calm, STAR company, a large food retailer
of Armenia, had to temporarily suspend its trade.

STAR press-service told ArmInfo, the panic ruling in the city today in
connection with the abrupt leap in USD exchange rate made the company’s
leadership to decide to suspend the work of shops for 2 hours – since
3 pm. "We want to understand the situation in the market and hold
efficient negotiations with suppliers and representatives of state
bodies," – STAR Executive Director Vahan Kerobyan said. According to
him, this measure is aimed at prevention of the panic and agiotage. "We
call on our buyers and all residents of Armenia to be calm",- he said.

Vivacell-MTS Official Sponsor Of Armenian National Olympic Committee

VIVACELL-MTS OFFICIAL SPONSOR OF ARMENIAN NATIONAL OLYMPIC COMMITTEE

Lragir.am
16:49:37 – 03/03/2009

VivaCell-MTS and National Olympic Committee of Armenia held a joint
press conference under the theme ‘VivaCell-MTS – Armenia’s Sport’s
Partner’ presided by the Company General Manager Ralph Yirikian
and the President of Armenian National Olympic Committee Gagik
Tsarukyan. Prior to the press conference, a bilateral agreement was
signed between VivaCell-MTS and the National Olympic Committee of
Armenia, according to which the Company will allocate AMD 100 million
for the development of Olympic sports in Armenia.

During the press conference VivaCell-MTS General Manager Ralph
Yirikian and the President of National Olympic Committee Gagik
Tsarukyan announced plans of cooperation throughout 2009.

"VivaCell-MTS is making considerable investment in the development of
Armenian sport and promotion of healthy lifestyles. This cooperation
with the National Olympic Committee aimed at boosting the development
of various kinds of sports in the country, especially the sport
schools as a start.

Besides, this will help us fund our sportsmen’s participation in
various international competitions’, – mentioned the President of
the Olympic Committee Gagik Tsarukyan.

"We believe in our sportsmen capabilities and future! Seeing them
conquering international sports scenes will makes us prouder day after
day and this is the objec tive not only of VivaCell-MTS but of every
Armenian. We are confident that our sportsmen and their coaches will
be working very hard lifting high the Armenian flag wherever they go,
we will support them each step of the way", – noted General Manager
of VivaCell-MTS Ralph Yirikian.

Sport’s partner VivaCell-MTS has provided AMD 100 mln for the
activities of the Olympic Committee in 2009. In the framework of this
cooperation the committee will realize propaganda of healthy lifestyle
among the youth, organize sports tournaments, as well as to ensure
the participation of Armenian sportsmen in different Olympic ratings.

International experience shows that achievements in sport are
conditioned by continuous work and targeted investment. The National
Olympic Committee of Armenia and the Ministry of Sport have already
started preparatory works for the upcoming Olympic Games. In its turn,
Armenia’s leading mobile operator VivaCell-MTS, as a sports partner
and corporate citizen, on the threshold of 2012, is realizing long-term
investment in the development of sport.

Levon Aronian Shares 3-5th Places In Linares Supertournament

LEVON ARONIAN SHARES 3-5TH PLACES IN LINARES SUPERTOURNAMENT

Noyan Tapan

M arch 3, 2009

LINARES, MARCH 3, NOYAN TAPAN. In the 10th round of International
Chess Supertournament being held in Linares Levon Aronian (Armenia)
was defeated by Teymur Rajabov (Azerbaijan) and shares the 3-5th
places with 3 participants with 5 points each. The leader is Alexander
Grishchuk (Russia) with 6.5 points.

http://www.nt.am/news.php?shownews=1012653

Vladimir Putin invited to Armenia

Panorama.am
16:25 28/02/2009

VLADIMIR PUTIN INVITED TO ARMENIA

The Prime Minister of Amrenia Tigran Sargsyan pays one-day working
visit to Moscow. The Prime Minister had a meeting with his Russian
counterpart Vladimir Putin. The both parties have highly evaluated the
development of the economic co-operation between the countries.

The official web site of the Government reports that the Prime
Minister of Russia said that the trade circulation between Armenia and
Russia increased by 10% in this period of crisis.

Tigran Sargsyan invited his Russian counterpart to visit Armenia and
Vladimir Putin accepted the invitation.

Source: Panorama.am

ANKARA: Turkish Minister Says Armenian Community In Turkey Could Hel

TURKISH MINISTER SAYS ARMENIAN COMMUNITY IN TURKEY COULD HELP IMPROVE RELATIONS

Anadolu Agency
Feb 24 2009
Turkey

Istanbul, 24 February: The Turkish state minister and chief negotiator
for EU talks, Egemen Bagis, said Tuesday that the government wants
to improve relations with all neighbours including Armenia, adding
that the Armenian community living in Turkey is an important bridge
for this purpose.

Bagis met directors, principals and heads of Parent-Teacher
Associations of Armenian primary and high schools in Istanbul.

"We wish to improve political, economic and social relations with
Armenia. Recent developments raised our hopes," Bagis told the meeting.

In September 2008, Turkey’s President Abdullah Gul paid a visit to
Armenia, which was described as a "historic visit to build bridges
between the two countries" that have no diplomatic ties. Gul invited
his Armenian counterpart for the return match to be played in October
2009 in Turkey.

"I am hopeful and we see the Armenian community living in Turkey as
an important bridge for this purpose. Because you have got a lot to
add to this friendship," Bagis said.

He said hostility and hatred would go nowhere as Turkish and Armenian
people lived together on this geography for centuries. He said Turkish
and Armenian people would overcome obstacles together, adding, "We got
over lots of difficulties together on this land. We have gone through
very poor and troubled days together. Now we are experiencing maybe
the most prosperous days of our history."

"Mosques, churches and synagogues have made all of us peaceful in this
land for centuries," he said. "Democracy is getting stronger in Turkey
and you (Armenian people living in Turkey) have great contributions
in it."