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Price rise of goods sparks protest in Yerevan

Armenia Materials 19 December 2014 18:00 (UTC +04:00)
Dozens of citizens gathered in front of the government building in Armenia’s capital, Yerevan Dec.19 to protest in connection the depreciation of the dram rate and the rising price of goods
Price rise of goods sparks protest in Yerevan

Baku, Azerbaijan, Dec.19

Trend:

Dozens of citizens gathered in front of the government building in Armenia's capital, Yerevan Dec.19 to protest in connection the depreciation of the dram rate and the rising price of goods, Armenia Today news agency said.

Protestors intend to present six requirements to the government, that must be implemented by December 23. The protesters said that the failure to comply with these requirements will result in a social explosion, the consequences of which will be unpredictable for the current government.

Protesters demand that the government reduce the prices for essential commodities to pre-crisis levels, eliminate monopolies, prohibit speculative USD remittances from Armenia to Russia and the ruble from Russia to Armenia, stop the process of Armenia's accession to the EAU.

Also, protesters demand lowering the gas prices at gas stations, and strikes will be organized in cooperation with taxi drivers. The list of requirements also included conversion of USD loans of citizens, in case of failure to fulfill it, the authors of the initiative urge the citizens who have USD loans not to fulfill their obligations.

Translated by EA

Edited by CN

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