Shortly after taking the office of prime minister, Karen Karapetyan is said to be considering serious plans for business and economic redistribution.
Citing its sources close to the government, the paper claims that his statements promising active efforts towards the economy’s development and liberalization are aimed at realizing the said objectives. Karapetyan intends particularly to focus on quotas and control mechanisms to rule out absolute monopolies by major businesses owned by government-linked entrepreneurs.
The paper notes that earlier calls by top government figures for eradicating corruption and shadow economy never ended in mass redistributions.

YEREVAN. – An entire ministry will deal with business issues and assistance matters, Prime Minister Karen Karapetyan said at Thursday’s Cabinet session.
Armenia’s newly appointed Prime Minister Karen Karapetyan, at a meeting with reporters in Armenia’s Parliament, stated his intention to combat corruption and monopolies.
President of Armenia Serzh Sargsyan made a speech at the ruling Republican Party Council meeting held on September 7 in Yerevan. Below is the full text of the President’s speech.
YEREVAN. – The session of the ruling Republican Party of Armenia (RPA) Council on Thursday approved the candidacy of Karen Karapetyan for the post of the country’s prime minister.
YEREVAN. – Karen Karapetyan will be appointed Prime Minister of Armenia from Moscow, political scientist Aghasi Yenokyan said at a press conference on Friday.
YEREVAN. – The Armenian society is still polarized; new approaches, a new start are needed.
A delegation led by Georgian Prime Minister Giorgi Kvirikashvili on Monday started an official visit to Armenia, reports the Government’s press service.
(