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Press Review


Armenian newspapers described yesterday’s murder in Yerevan as “Murder in a Broad Daylight.” Referring to anonymous sources close to the law enforcement agencies, Hayots Ashkharh reports that the victim – Goga Arakelian, a former athlete– was known in the criminal world as “Goga of Kirovakan” and lived most of the time in Moscow. “Azg” reports that the victim himself was a killer.

Armenian papers continued discussions on the currency fluctuations in Armenia’s foreign currency market. “Irrespective of who are the participants of this “game”, the government must have its decisive say on the subject,” an economic advisor to the governing body of Dashnaktsutiun party Ara Nranian says in an interview with Yerkir.

An independent expert on Armenia’s Economy Eduard Aghajanov told “Iravunk” that there are various financial technologies, which could be used by Armenian Central Bank to ease the monetary situation and prevent fluctuations of the currency exchange rates. “The Central Bank does not carry out its main responsibility of securing the stability of the national currency,” Aghajanov says.

“There is no need to be an expert to understand that sharp fluctuations of such magnitude could not have economic ground: they are rather artificial and speculative,” Hayots Ashkharh writes, adding that only ordinary people are the losers. “Some people are profiting and making a lot of money.”

“The president of Central Bank Tigran Sarkisian is being attacked by both the opposition and pro-government media”. According to “Iravunk, the pro-government media received orders from authorities. “Foreign currency fluctuations generate tensions which along with internal political tensions will make the coming autumn more unsettling”, the paper concludes.

(Vache Sarkisian)
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