Prime Minister resigns


ArmenPress reports that Prime Minister Tigran Sargsyan has resigned his position. Apparently the prime minister had submitted his resignation a month ago but because of negotiations over the Customs Union with the Russian Federation and other important state events he was asked to delay his departure.

Sargsyan has become increasingly unpopular after pushing through a new pensions law which means that people born after 1st January 1974 will have to pay 5% of their monthly salary into a national pension system. The law was deemed to be unconstitutional by Armenia’s Constitutional Court a few days ago.

He also surprised many people when he pushed for Armenia to join the Russian led Customs Union rather than sign an Association Agreement with the European Union. Armenia is expected to sign the Customs Union agreement in early May and will sign another document to join the Eurasian Economic Union (EAU) in late May. The EAU current members are Belarus, Kazakhstan and the Russian Federations, whilst Armenia, Kyrgyzstan and Tajikistan are candidates to join.

President Serzh Sargsyan has ten days in which to appoint a new prime minister who then has twenty days in which to form a new government.

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