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Armenia's Prime Minister Steps Down

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  • Armenia's Prime Minister Steps Down

    ARMENIA'S PRIME MINISTER STEPS DOWN

    Business Standard
    April 3 2014

    Armenia's prime minister says he has submitted his resignation,
    a move that comes in the wake of a court ruling against a pension
    reform he has championed.

    Tigran Sargsyan announced his move on Facebook today, but did not
    give his motives.

    Edward Sharmazanov, a deputy speaker of parliament and member of
    the ruling Republican Party, said Armenian President Serge Sarkisian
    accepted the prime minister's resignation.

    The new prime minister will be nominated by the ruling party. He's
    to be named within 10 days, according to the Armenian law.

    The resignation of Sargsyan, who served as prime minister since 2008,
    is widely believed to be linked to a pension reform that has drawn
    public criticism.

    Armenia's Constitutional Court ruled yesterday that the pension
    legislation violated the law.

    http://www.business-standard.com/article/pti-stories/armenia-s-prime-minister-steps-down-114040400168_1.html

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