APRIL 13 2014 (The Conway Bulletin) — Armenian president Serzh Sargsyan named the speaker of the parliament, Hovik Abrahamyan, as the new PM.
Mr Abrahamyan’s brief is a tough one.
His predecessor quit abruptly at the start of the month the day after the Constitutional Court ruled that the government’s landmark pension reforms were illegal.
The reforms have been deeply unpopular, as are pension reforms throughout the world which try to make people work for longer and accept a smaller payout.
That mess, essential for sorting out Armenia’s damaged social security system, has to be sorted out.
There’s also the small matter of a vote of no confidence to deal with later this month. Armenia’s economy is stalling and its foreign policy at times feels adrift from its people — it has lurch towards Russia’s Customs Union at the expense of greater EU integration.
Mr Abrahamyan, a 56-year-old economist who has been speaker of parliament since 2008, is going to have to prove a tough operator in his new job.
ENDS
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(News report from Issue No. 180, published on April 16 2014)